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The acquisition will expand AT&T's network of U.S. hot spots, adding locations at hotel chains such as Wyndham, Marriott Vacation Club, and Four Seasons, as well as health care facilities of HealthSouth and Sun Healthcare.

AT&T will also find itself serving Wi-Fi at McDonald's restaurants via the deal, giving it extensive exposure to a wide swath of consumers and rivaling its presence at Starbucks coffee shops, which can be found on virtually every corner in major cities.

With the acquisition, AT&T will increase its total Wi-Fi network to about 80,000 locations worldwide, 20,000 of which will be in the United States.

"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 in a statement.

The telecommunications giant, which is the official U.S. wireless provider for Apple's popular iPhone, last week announced that iPhone users will get free Wi-Fi access at all of its hot-spot locations.

Under the Wayport deal, AT&T will not only be getting additional hot-spot locations, but also its back-office management provider for its existing footprint of AT&T hot-spot locations. This will bring its Wi-Fi infrastructure entirely under its own roof.

AT&T expects to close the deal as early as this current quarter.

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