A very big deal in the world of Wi-Fi (which in turn impacts phones that use it, like the iPhone) went down today: AT&T announced that it will buy Wayport, a managed Wi-Fi services provider for dozens of companies and hotels, for $275 million in cash. Honestly, it could be one of the best deals of the year in the industry.
So what does this mean for AT&T customers? First of all, the addition of a ton of new hotspots across the US, which raise the total number of US based AT&T Wi-Fi hotspots to almost 20,000 (and over 80,000 worldwide). This is not only majorly convenient, but a huge selling point to buy Wi-Fi enabled phones from AT&T.
As mentioned, Wayport’s hotspots are in lots of locations, such as: hotels (Four Seasons, Wyndham, Marriott Vacation Club), McDonald’s, HealthSouth and Sun Healthcare locations, hospitals and more. The price they paid was cheap, when you honestly consider the ramifications of the deal overall.
The deal is expected to be fully implemented by the end of the year or so.
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