“AT&T Inc. agreed Thursday to acquire closely held Wayport Inc. for $275 million, extending its Wi-Fi reach amid growing demand from customers for wireless Internet access,” Andrew Lavallee reports for The Wall Street Journal.
“The deal expands AT&T’s hot spots — areas where customers can tap into Wi-Fi networks — to 20,000 in the U.S. That includes the networks Wayport operates at Wyndham, Marriott Vacation Club and Four Seasons hotels as well as McDonald’s Corp. restaurants,” Lavallee reports.
“AT&T is seeing big gains in wireless-data revenue and strong sales of Internet-enabled devices such as Apple Inc.’s iPhone,” Lavallee reports.
Full article here.
MacDailyNews Note: Last Wednesday, AT&T announced free Wi-Fi access for Apple iPhone across U.S.
[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]