McDonald’s (NYSE:MCD) will offer free Wi-Fi at almost all of its U.S. restaurants starting early next year. Until now, the fast food chain has been charging $2.95 for two hours of service. McDonald’s U.S.A. Chief Information Officer, David Grooms, told The Wall Street Journal that the service will operate in 11,000 of the firm’s 14,000 American outlets.
The benefits of the program are simple; McDonald’s hopes people will linger at its stores and buy more food and coffee. This probably increases its competition with Starbucks (NASDAQ:SBUX), where many people go to work using the Wi-Fi connections.
Sponsored: Attention Savvy Investors: Speak to 3 Financial Experts – FREE
Ever wanted an extra set of eyes on an investment you’re considering? Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help guide you through the financial decisions you’re making. And the best part? The first conversation with them is free.Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.