AT&T Snacks on Wi-Fi Provider for $275M

Schachter, Ken
November 2008
Red Herring;11/6/2008, p6
Trade Publication
The article reports on the acquisition of venture-backed Wireless Fidelity (Wi-Fi) provider Wayport by long distance telephone service and wireless service provider AT&T. It states that the deal will extend AT&T's Wi-Fi footprint to more 10,000 McDonald's restaurants in the U.S. In a joint statement, the companies said the deal expands AT&T's network to 20,000 domestic hotspots and more than 80,000 locations worldwide, including some that charge roaming fees.


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