|By PR Newswire||
|March 25, 2014 06:00 AM EDT||
CAMBRIDGE, Mass. and MADRID, March 25, 2014 /PRNewswire/ --
- Telefonica strengthens its market position by including Akamai's full suite of content delivery services to enterprise and multinational customers.
- Companies to jointly explore developing innovative products and services in areas such as high-volume media optimization, mobile technologies and solutions for emerging markets.
Akamai Technologies, Inc. (NASDAQ: AKAM) and Telefonica Global Solutions, the global service provider part of Telefonica (TEF), today announced a strategic global alliance to deliver Akamai's suite of content delivery network (CDN) solutions to Telefonica enterprise customers.
To further enhance its CDN business, Telefonica Global Solutions is combining Akamai's industry-leading content delivery platform with its own global IP network to deliver a suite of global CDN and telecom solutions to enterprises. The strategic alliance will initially focus efforts in Spain and Latin America with plans to expand globally.
In addition, the companies have formed an innovation steering committee to identify areas of product development and future opportunities, particularly in the fields of media optimization and mobile technologies. As part of the multi-year agreement, Akamai and Telefonica plan to dedicate shared resources across technical support, customer care, marketing and professional services with a goal of providing the best end-user experience.
With over 323 million customers, including more than 254 million mobile subscribers, Telefonica provides high-performing networking solutions to support today's explosive growth in digital content. Telefonica customers are expected to benefit from efficient content routing and high-quality delivery of digital content, video and Web applications, and ultimately a superior end-user experience.
"We are witnessing an unprecedented increase in connectivity from all kinds of devices, new digital services, and an explosion in the use of video," said Juan Carlos Lopez-Vives, President of Telefonica Global Solutions. "Our alliance with Akamai reinforces our full commitment positioning Telefonica at the center of the digital revolution. By offering our enterprise and multinational customers Akamai's complete and premier content delivery solution as part of Telefonica's global services value proposition, we are reinforcing our powerful global Content Delivery strategy."
"Telefonica is one of the world's leading, integrated telecommunications operators, with a strong presence in Europe and Latin America," said Tom Leighton, Chief Executive Officer of Akamai. "Together, Akamai and Telefonica aim to align our services to be able to provide enterprises with the highest levels of performance and media optimization. This important alliance represents Akamai's continued expansion and investment in leading carriers around the world, and we look forward to our initial go to market opportunities with Telefonica in Spain and in emerging markets across Latin America."
Akamai uses a widely-distributed platform of servers to spread online content around the world that would otherwise be concentrated in a few locations. The alliance with Telefonica provides greater distribution of Akamai servers within Telefonica's IP network and provides additional capacity within Spain and emerging markets in Latin America. The result is greater network efficiency, better service quality for end users, and a more secure system.
Akamai® is the leading provider of cloud services for delivering, optimizing and securing online content and business applications. At the core of the Company's solutions is the Akamai Intelligent Platform™ providing extensive reach, coupled with unmatched reliability, security, visibility and expertise. Akamai removes the complexities of connecting the increasingly mobile world, supporting 24/7 consumer demand, and enabling enterprises to securely leverage the cloud. To learn more about how Akamai is accelerating the pace of innovation in a hyperconnected world, please visit www.akamai.com or blogs.akamai.com, and follow @Akamai on Twitter.
Telefonica is one of the largest telecommunications companies in the world in terms of market capitalisation and number of customers. From its consolidated position in the sector, and with telephony fixed and mobile broadband as key areas that support future growth, the company focuses its strategy on securing its leadership in the digital world. Present in 24 countries and with a customer base of more than 323 million customers, Telefonica has a strong presence in Europe and Latin America, important industrial alliances and a leading global scale which positions the company to capture growth opportunities. Telefonica is a fully publicly traded company with more than 1.5 million direct stakeholders and its ordinary shares are traded in various stock markets, including London and New York among others.
Telefonica Global Solutions manages globally the multinational, wholesale and roaming business within the Telefonica Group. Global Solutions delivers integrated fixed, mobile and IT services to some of the world's top multinationals and corporations. It also provides global telecommunication services for fixed and mobile carriers, ISPs and content providers. Telefonica Global Solutions develops an integrated and competitive portfolio for carriers and corporations that include international voice, IP, bandwidth capacity, satellite services, mobility and global solutions, with service reach in more than 170 countries. Global Solutions is a multicultural organisation, with more than 1400 employees, working in over 40 countries and speaking more than 15 languages.
Akamai Statement Under the Private Securities Litigation Reform Act
This release contains information about future expectations, plans and prospects of Akamai's management that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, failure of Akamai and Telefonica technologies to work together or work together adequately to provide expected benefits from the partnership; the effects of any attempts to intentionally disrupt Akamai's services or network or Telefonica's network or products by hackers or others, the failure of the CDN market to develop as predicted, a failure of Akamai's network infrastructure, and other factors that are discussed in Akamai's Annual Report on Form 10-K, quarterly reports on Form 10-Q, and other documents periodically filed with the SEC.
Akamai Media Relations
Director of Marketing Comms
Telefonica Global Solutions
+44 7590 222373
Akamai Investor Relations
SOURCE Akamai Technologies, Inc.
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