In 1981, while Telerate addresses the market for financial information internationally, it faced strong competition from the market dominant Reuters. Cantor Fitzgerald decided to sell its 89% stake, and it was sold to British investment group Exco International for $75 million. With the rest of the capital remaining in the hands of company management. That year Telerate made a net profit of $13.6 million. Customers typically paid $540–$700 per month for each terminal and 8,000 terminals were installed in North America, plus an additional 2,500 in 21 countries.