KT and Akamai Expand Strategic Partnership
SEONGNAM, South Korea and CAMBRIDGE, Mass., March 26, 2013
SEONGNAM, South Koreaand CAMBRIDGE, Mass., March 26, 2013 /PRNewswire/ --
oKT to use technology from Akamai's Aura Network Solutions to provide CDN
services to business customers
oKT's extensive nationwide network infrastructure combined with Akamai's
CDN technologies to enable solutions for Web application acceleration,
media delivery, and security
KT, the leading telecommunications company in Korea, and cloud infrastructure
services provider Akamai^® Technologies, Inc. (NASDAQ AKAM), today announced
that the companies will expand their strategic partnership. KT has agreed to
leverage technology from Akamai to provide CDN services to its customers in
Korea. Using Akamai's Aura Managed CDN, KT will have dedicated CDN capacity
that is available for its own content applications or third party CDN
services. KT has been an Akamai NetAlliance Partner since 2011.
Under the new expanded partnership, KT will be equipped to address the
explosion of online multimedia traffic resulting from a range of connected
devices, changing viewer habits, and social networking. This partnership
combines Korea's leading worldwide broadband penetration rates with Akamai's
industry-leading CDN technology, enabling KT to provide content providers and
broadband subscribers with a new level of service.
"The era has come where culture and digital content are leading the market.
Our main priority is to ensure access to content from any device, at anytime,
anywhere," said Heekyung Song, Senior Vice President, Enterprise IT BU, KT.
"Through this partnership with Akamai, KT will provide a CDN platform
specializing in media delivery, web performance and security so companies can
focus on developing quality content and web applications without concerns
Akamai uses a widely-distributed network of servers to spread content that
would otherwise be concentrated in a few locations resulting ingreater
network efficiency, better service quality for end users, and a more secure
system. As part of the multi-year agreement, KT plans to deploy and sell
their own operator CDN based on Akamai technology and by leveraging the Akamai
"Since our partnership agreement in 2011, Akamai and KT have continued to
collaborate closely," said Sanjay Singh, Senior Vice President, Asia Pacific &
Japan, Akamai. "Through this expanded partnership, we will further strengthen
the cooperation model with KT and help optimize online businesses in the
Korean market with high levels of performance and security."
KT is the largest integrated wired/wireless telecommunications service
provider in the Republic of Korea and one of the world's leading
telecommunications operators. KT has 31.1 percent and 45 percent market share
in mobile and high-speed Internet respectively and revenues for 2011 were USD
18.2 billion. KT provides the ultimate convergence of fixed and mobile
services and set its path towards becoming a global ICT convergence leader.
Furthermore, as the leader in Korea's telecommunications industry, KT has
changed Korea's industrial paradigm with demonstrable success in each ICT
field it enters.
Akamai^® is the leading cloud platform for helping enterprises provide secure,
high-performing user experiences on any device, anywhere. 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.
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 KT and Akamai technologies
to work together or work together adequately to provide expected benefits from
the alliance; the effects of any attempts to intentionally disrupt Akamai's
services or network or KT'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.
Jeff Young SeungHyuk Jeong
Media Relations --or-- Media Relations
SOURCE Akamai Technologies, Inc.
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