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Stock Market & Financial Investment News

News Breaks
December 6, 2012
09:52 EDTT, AKAMAkamai jumps after announcing partnership with AT&T
Internet content delivery company Akamai (AKAM) is rallying after it announced an alliance with AT&T (T) earlier today. Under the deal, Akamai's content delivery platform will be combined with AT&T's IP network to deliver content delivery and telecom services to companies. Specifically, Akamai's servers will be placed at the edge of AT&T's IP network and in AT&T facilities throughout the United States, the companies said. With the deployment of Akamai's infrastructure within AT&T's network infrastructure, end customers are expected to benefit from more efficient content routing and better delivery of digital content, video and Web applications, AT&T and Akamai believe. The companies will initially focus their efforts in North America, but plan to expand globally within 12 months. No financial details of the deal were disclosed. In early trading, Akamai rose $3.13, or 8.82%, to $38.63.
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May 14, 2015
06:06 EDTTDISH plans to enter wireless business, Yahoo reports
DISH (DISH) plans to enter the wireless business in an attempt to become the only provider to offer wireless voice, video and data services, Adam Samson of Yahoo Finance reports, citing an internal document. The document, marked confidential, obtained by Yahoo indicates Dish is looking to hire a chief marketing officer to help guide its move into the wireless space, Samson adds. The move comes after DISH acquired nearly half of the spectrum licenses offered in a U.S. government auction. The top U.S. wireless providers are Verizon (VZ), AT&T (T), T-Mobile (TMUS) and Sprint (S). Reference Link
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