DALLAS, April 8 /PRNewswire-FirstCall/ -- AT&T* announced today that it has agreed to divest Wayport Holdings A/S, the European subsidiary of Wayport, Inc., to Hospitality Services Plus SA, a wholly-owned subsidiary of Swisscom. The transaction is subject to regulatory approvals.
AT&T will continue to own and operate the former Wayport assets in the United States. Since the acquisition of Wayport in December 2008, AT&T has integrated Wayport into its Wi-Fi network. AT&T has the largest Wi-Fi network in the U.S., with more than 20,000 hot spots and offers its customers access to more than 125,000 hot spots around the world.
Terms of the transaction were not announced.
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc.
Largest Wi-Fi network claim based on non-municipal company-owned and -operated hotspots. A Wi-Fi enabled device required. Other restrictions apply. See www.attwifi.com for additional services, details and locations.
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SOURCE AT&T Inc.