Sunday, December 19, 2010

Level 3 calls for conditions on Comcast/NBC deal

NEW YORK: Level 3 Communications Incorporated asked United States antitrust officials to set conditions on Comcast Corporation‘s planned acquisition of NBC Universal that would assure ”unfettered access” to all internet content, Reuters reported on Friday.

The move represents Level 3‘s latest retaliation against a fee Comcast is charging it for increased network traffic.

Level 3 operates internet backbone networks, but also offers content delivery network services, which enable clients like Netflix to store and stream movies online. The CDN business has grown as consumers increasingly turn to the internet for entertainment and shopping.

The sheer rise in internet traffic has prompted Comcast, which provides the ”last mile” of internet connection to consumers‘ homes, to demand a recurring fee from Level 3 to transmit video and other online content to customers.
Read more:http://www.punchng.com/Articl.aspx?theartic=Art201012201144115

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