Digital Island Rises on Deal With China Telecommunications Firm
Shares of
Digital Island
(ISLD)
shot higher today on news of a deal the company signed with
Jitong Communications
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, a networking and telecommunications service provider in China.
Shares of Digital Island were recently up $1.19, or 17%, to $7.75 in afternoon
Nasdaq
trading.
Jitong will offer its customers Digital Island's integrated services, including content delivery and network and hosting services.
