AT&T has acquired Wayport for $275 million in cash. The acquisition provides AT&T with 3,000 of Wayport’s hotspots which the company will use to create the world’s largest hotspot network.
According to InformationWeek, the buy will help position AT&T in the enterprise market because it will now be able to offer end-to-end Wi-Fi management through the utilization of Wayport’s back office management for hotspots.
In addition, AT&T CEO Ralph de la Vega confirmed that the company would offer tethering for the iPhone 3G, reports jkOnTheRun. A date was not provided by de la Vega who’s company already provides tethering plans for other phones, including some BlackBerrys.
[Thanks: http://www.itbusinessedge.com]
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