Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 07 November 2008 07:01

AT&T to buy Wi-Fi Wayport

Written by David Stellmack

Image

$275 million cash deal

AT&T Inc. has announced that it will acquire privately held Wi-Fi hot spot provider, Wayport, Inc. of Austin, Texas. Wayport has already been providing AT&T’s Wi-Fi hotspots in U.S. restaurant locations such as McDonald’s and Starbucks, but now AT&T will also own all of Wayport’s infrastructure and assets.

The deal is said to be worth $275 million in cash, and will increase the number of AT&T hot spots in the U.S. to 20,000, to now include hotels and health care facilities. Part of the allure of Wi-Fi signals are that they are up to ten times faster than cellular network speeds and also operate better indoors than cellular signals do.

The CEO of AT&T Operations, a business unit of AT&T, John Stankey, indicated that the Wayport purchase makes sense with the "exponential growth" of Wi-Fi equipped devices. About 300 million Wi-Fi equipped devices were shipped in 2007, while in 2012 one billion are predicted to be on the market in 2012, according to research studies.

A spokesperson for AT&T indicated that the Wayport acquisition will reduce operating costs for AT&T as well as for businesses that want to offer Wi-Fi to their customers. The Wayport acquisition will capitalize on AT&T’s strategy of providing both Wi-Fi and wide-area network connections to both consumers and businesses.

The Wayport purchase "…clearly makes AT&T the domestic Wi-Fi leader and also supports AT&T's iPhone strategy,” according to Gartner Inc. analyst, Phillip Redman, "It makes sense looking at multiple technologies to provide the best coverage."

Last modified on Friday, 07 November 2008 07:28

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments