AT&T to Acquire WiFi Service Provider for $275 Million

AT&T (T), one of North America’s largest mobile carrier announced Thursday that it has agreed to acquire privately-held Wayport, Inc., a leading Wi-Fi broadband internet access provider based in Austin, Texas for approximately $275 million in cash. The acquisition complements AT&T’s ability to deliver a complete end-to-end solution for businesses worldwide with Wayport’s experience in managing [...]