AT&T Adds 3,000 WiFi Hotspots With Acquisition

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AT&T has added over 3,000 WiFi hotspots to its portfolio by acquiring wireless provider Wayport for $275 million in cash, MobileCrunch reports. That bulks up AT&T’s U.S network, which consists primarily of Starbucks and McDonald’s hotspots.

“A bigger WiFi network helps AT&T’s wireless business because it provides a way to offload data-intensive traffic from its 3G cellular network to the cheaper and faster WiFi networks, where available,” the report said. The company expects the number of WiFi devices purchased by consumers to grow from 300 million in 2007 to one billion by 2012.