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[T] AT&T Corp

Symbol: T
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11/6/2008 09:30am
AT&T Corp To acquire Wayport for $275M in cash

- The deal adds Wayport's focused capabilities and enterprise customer portfolio with AT&T's leading Internet Protocol (IP) and 3G networks, and broad consumer and business customer bases, to deliver enhanced broadband connectivity at home, in the office, on the road, and virtually anywhere in between.
- The acquisition expands the AT&T Wi-Fi(SM) footprint to nearly 20,000 domestic hotspots, takes the company's global Wi-Fi presence to more than 80,000 locations


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