The Guardian
trending topics
Close Box

Our news

Yes, it’s true: We are joining GigaOM...


AT&T Acquires Wi-Fi Operator Wayport For $275 Million; Opportunity To Offload More Traffic

  • Comments Comments (View)
  • Text Size: A A

imageAT&T (NYSE: T) has acquired Wi-Fi network operator Wayport for $275 million. The deal expands AT&T’s Wi-Fi network to nearly 20,000 hotspots in the U.S. by adding locations at some Wyndham, Marriott Vacation Club and Four Seasons hotels; HealthSouth and Sun Healthcare locations; plus McDonald’s restaurants.

For a technology mostly shunned by U.S. carriers a couple years ago, Wi-Fi has quickly found its groove as a way for networks to offload heavy data usage. Where carriers were worried about lost data and voice revenues to Wi-Fi before, they’re now happy to welcome Wi-Fi capable devices on board (with the exception of Verizon) to ease congestion and traffic on their cellular networks. AT&T recently announced that its Wi-Fi network would be available for free to iPhone and BlackBerry Bold customers. Release.

Photo credit: flying.org.

Nov 6, 2008 12:33 PM ET

Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, AT&T, wayport

(Page 1 of 1)


The Bestsellers

From iTunes and YouTube to Facebook and Kindle, the most popular content on the web, free and paid.

iTunes Albums iTunes Albums
1. Whitney - The Greatest Hits
2. 21
3. Scars & Stories (Deluxe Version)
4. A Different Kind of Truth
5. Kisses On the Bottom
See The Other Bestsellers »

Jobs RSS Job Listings

Social Standing

Which media brands are getting a lift from Tweeters and bloggers right now -- and which are getting panned?

"Sentiment" Scores for All the Companies »

Sponsors

Staff