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AT&T Expands Wi-Fi Network with Acquition of 20,000 Wireless Internet Access Points
Fri, 07 Nov 2008 00:00:00 EST
AT&T Inc. (NYSE: T) announced that it has agreed, through one of its
subsidiaries, to acquire privately-held Wayport, Inc., a leading provider
of managed Wi-Fi services in the United States, for approximately $275
million in cash. The deal adds Wayport's focused capabilities and
enterprise customer portfolio with AT&T's leading Internet Protocol (IP)
and 3G networks, and broad consumer and business customer bases, to deliver
enhanced broadband connectivity at home, in the office, on the road, and
virtually anywhere in between.
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