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

Nov 6, 2008 12:33 PM

AT&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…

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

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