Telecommunications giant, AT&T Inc., has parted ways with Tiger Woods following the professional golfer's admissions to marital infidelity.

We are ending our sponsorship agreement with Tiger Woods and wish him well in the future, the company, which backs the US PGA Tour event operated by the golfer's foundation, said in a terse, one-line statement.

AT&T began a multiyear deal in February to place its logo on Woods's golf bag and has sponsored his annual Tiger Jam benefit concerts.

Woods announced earlier this month he was taking an indefinite break from golf to focus on rebuilding his marriage.