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	<title>SlashPhone &#187; Wayport</title>
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		<title>AT&amp;T to Acquire Wayport, Adding More Wi-Fi Hotspots</title>
		<link>http://www.slashphone.com/att-to-acquire-wayport-adding-more-wi-fi-hotspots-063133</link>
		<comments>http://www.slashphone.com/att-to-acquire-wayport-adding-more-wi-fi-hotspots-063133#comments</comments>
		<pubDate>Fri, 07 Nov 2008 02:40:31 +0000</pubDate>
		<dc:creator>Kim Poh Liaw</dc:creator>
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		<category><![CDATA[ATT]]></category>
		<category><![CDATA[Wayport]]></category>

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		<description><![CDATA[AT&#38;T announced today that it has agreed, through one of its subsidiaries, to acquire privately-held Wayport, a Wi-Fi services provider in the United States, for approximately $275 million in cash. The transaction is expected to close as early as the fourth quarter of 2008. The acquisition expands the AT&#38;T Wi-Fi footprint to nearly 20,000 domestic hotspots, takes the [...]]]></description>
			<content:encoded><![CDATA[<p>AT&amp;T announced today that it has agreed, through one of its subsidiaries, to acquire privately-held Wayport, a Wi-Fi services provider in the United States, for approximately $275 million in cash. The transaction is expected to close as early as the fourth quarter of 2008.</p>
<p style="text-align: center;"><img src="http://www.slashphone.com/media/data/766/wayport-logo.gif" border="0" alt="wayport-logo" width="400" height="168" /></p>
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<p>The acquisition expands the AT&amp;T Wi-Fi footprint to nearly 20,000 domestic hotspots, takes the company&#8217;s global Wi-Fi presence to more than 80,000 locations. Wayport hotspots are in key locations, including select Wyndham, Marriott Vacation Club and Four Seasons hotels; HealthSouth and Sun Healthcare locations; plus McDonald&#8217;s restaurants. As Wayport currently provides back-office management for AT&amp;T&#8217;s Wi-Fi Hot Spots, the acquisition expands such capabilities and brings management of Wi-Fi infrastructure completely under AT&amp;T management.</p>
<p>&#8220;This provides a way for AT&amp;T to expand aggressively into the hospitality, retail, and healthcare industries where Wayport is very strong,&#8221; comments Stan Schatt, Vice President at ABI Research. </p>
<p>&#8220;Equally important, Wayport has moved beyond simply providing Wi-Fi service to actively supporting key enterprise applications. The bottom line is that AT&amp;T Mobility&#8217;s growth on the business side will come from being so deeply tied to customers&#8217; business applications that companies won&#8217;t easily be able to extract themselves and embrace a competitor such as Verizon. On the consumer side, the exponential increase in AT&amp;T hotspots to around 20,000 domestically and 80,000 globally, coupled with AT&amp;T&#8217;s recent announcement of free Wi-Fi hotspot service for its wireless customers means that consumers will assess the ubiquity of AT&amp;T&#8217;s Wi-Fi hotspot service as a tremendous value-add to their monthly wireless subscriptions, resulting in reduced churn,&#8221; Schatt adds.</p>
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