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Technology Stocks : (LVLT) - Level 3 Communications
LVLT 53.630.0%Nov 1 5:00 PM EST

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From: The Ox1/27/2014 8:31:23 AM
2 Recommendations

Recommended By
Dwayne Hines
Margin of Safety

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Akamai Technologies, Inc. (NASDAQ: AKAM) is on watch after Level 3 Communications, Inc. (NYSE: LVLT) announced the launch of a new cloud-based file transfer platform that simplifies and accelerates the process of sending large video and data files, such as syndicated content and advertising files.

Level 3 new service was developed to meet increasing demand from network broadcast and other media companies to move content to remote locations around the world. FOX Broadcasting Company was the first to beta test the service.
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