AT&T makes Wi-Fi buy

AT&T has announced a $275 million deal to beef up its Wi-Fi reach with the acquisition of Wayport, a network provider serving hotels, health care facilities and McDonald's. "We're seeing exponential growth of Wi-Fi-enabled devices, such as smartphones, combined with a continued dependency on 24-7, anytime, anywhere Internet access across business and consumer market segments," John Stankey, chief executive of operations for AT&T, said.

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