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July 30, 2006
- QT Globe a leading Wholesale provider of VOIP solutions
headquartered in New York, announces that it has completed
the merger of MEDcom LLC. and Foniquty Telecom in New York.
The merger helps
create the new QT Globe. Due to the Merger QT Globe is
now doing 800,000 minutes a day serving business,
residential and wholesale accounts throughout the world.
The merger
provides QT Globe access to a deeper and denser network
to deliver more products and better service to current and
future customers in all markets. The Company now possesses
metro fiber rings throughout United States, Asia, Central
and South America as well as the Middle East and Europe. The
Company will leverage its assets to serve an even greater
number of customers with local and long distance voice,
dedicated Internet access, private networking and data
transport services, as well as bundled voice and Internet
solutions.
The
transaction establishes QT Globe as one of the leading
and up and coming VOIP Carrier in the United States, with
over $30 million in annual revenue on a run-rate basis.
Through this
transaction, QT Globe has enhanced its ability to provide
advanced telecommunications services and high-quality
customer service to a broader range of customers. The
additional resources gained through this merge make the new
QT Globe well positioned to offer a very attractive
alternative to customers who are looking for a choice in
their telecommunications service provider.
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