Engin Yesil, Dalls, Engin Yesil, Miami |
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Company description:: WorldQuest to buy Miami's Ntera
WorldQuest Networks Inc., which provides international long-distance and money-transfer services using Internet telephony, said Wednesday it agreed to acquire Ntera Holdings Inc., a privately held company that also provides Internet telephony services.
Ntera is a subsidiary of Radiant Holdings Inc., a Miami provider of prepaid calling cards. WorldQuest, of Dallas, will move its executive offices to Miami, where Ntera is based.
WorldQuest, which had revenue of $11.5 million in 2002, now will have projected annual revenue of more than $150 million, the companies said. Specific terms were not disclosed.
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