I'm with you hotpiesforyou. Not only is the $275m valuation of a wifi network good news, the rationale behind AT&T's purchase is also great news. AT&T are building a national wifi network as a supplement to their core mobile phone network. While everyone has been saying PIE's Webphone will be usurped by mobile phones PIE has been saying their Webphones will actually supplement mobile phone connectivity. AT&T's strategy (one of the largest telecoms in the world) appears to also confirm PIE's strategy.
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