Quest Net Acquires Caribbean Internet Firm
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Internet service provider Quest Net Corp. Tuesday announced the purchase of portions of Grupo Internet Latinoamericano S.A., a privately held British Virgin Islands company for $2 million.
The assets acquired include Grupo's computer hardware, software and lists of Internet domain names.
Quest CEO Camilo Pereira said he believes the purchase will further the company's intentions of expanding total Internet access to businesses and individual clients.
"We are on course to expand Quest into a full service Internet solutions company, not just an Internet provider. This acquisition is another step in that direction," Pereira said.