Rochester,NY 7/31/2009 12:59:05 AM
Akamai Technologies, Inc., AKAM - To Drive Growth Akamai Needs To Cut Prices
Akamai Technologies, Inc.
Akamai was seeing more pricing pressure in the market and stated that they are being more aggressive on their CDN pricing. While this may sound like Akamai is finally waking up to the reality of what's taking place in the market, If that's the case and they still aren't taking the necessary steps needed to grow their CDN business.
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Back in December "Akamai Getting More Aggressive On CDN Pricing, But More Steps Are Needed", and detailed how Akamai compete on some deals with lower pricing, but not on enough of them. Seven months later, Akamai's saying they are going to be more aggressive, but noticed they always followed that statement on the call with phrases like "with key customers" or "with key strategic customers". If Akamai has any idea of growing their CDN business again, they shouldn't be more aggressive on pricing only with "key customers".
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