gneezy and gordon vanderbrug headquarters lexington massachusetts services international voice services value added mobile data services revenue 1.2 billion usd 2010 number of employees 370 2008 parent kpn n.v. website www.ibasis.com based in lexington massachusetts ibasis is a wholly owned subsidiary of royal kpn n.v. the dutch incumbent telecommunications carrier . ibasis is a wholesale carrier of international long distance telephone calls with enhanced services for mobile operators and a provider of retail prepaid calling services . in fiscal year 2010 ibasis had total revenues of 1.2 billion carried approximately 24 billion minutes of international voice traffic and employed approximately 370 people . 1 more than 1 000 mobile and fixed line telecommunications carriers and service providers worldwide outsource some or all of their international voice traffic to ibasis . it is one of the largest carriers of international voice traffic in the world . 2 ibasis customers include many of the world s largest carriers mobile operators and emerging service providers including verizon vodafone vsnl china mobile china unicom idt qwest skype telecom italia and telefonica . 3 the company also offers online pre paid international calling services to business and consumer customers through a product called pingo . history edit ibasis was founded in 1996 by ofer gneezy and gordon vanderbrug to provide wholesale international long distance services to carriers using voice over internet protocol voip technology . it held an initial public offering in november 1999 and was ranked the no. 1 fastest growing company in new england for 2000 2001 and 2002 by deloitte & touche . 4 in october 2007 ibasis acquired kpn global carrier services the international voice business of kpn the national carrier of the netherlands . 5 kpn became a majority stockholder of ibasis as part of the transaction . the combined entity carried nearly 24 billion minutes of international voice traffic in 2007 . 6 according to international telecom research firm telegeography that resulting traffic made the new ibasis one of the three largest carriers of international voice traffic in the world handling a volume roughly equal to at & t s international voice traffic and behind worldwide leader verizon . in april 2008 ibasis also acquired the international wholesale voice business of tdc a s a danish carrier for 10 million cash which added 2 billion minutes of annual traffic and was estimated to increase annual revenues by 80 million . 7 the company plans to pursue similar deals as part of its ongoing growth strategy . on december 21 2009 ibasis became a wholly owned subsidiary of royal kpn n.v. nyse kpn the national carrier of the netherlands and a leading provider of fixed mobile and enterprise communications solutions in europe . ibasis is no longer a publicly traded company . 8 network and technology edit the ibasis network includes one of the largest international voip networks in the world with more than 1 000 points of presence in over 100 countries . ibasis uses technology from cisco systems and genband formerly nextpoint and nextone and has developed its own patented monitoring and route quality management technology to determine and select the best available route for every call . the company has introduced technological advancements and has been enlisted to support industry initiatives including testing the gsm association s ip exchange which is being developed as a global ip backbone for fixed and mobile service providers . 9 references edit kpn investor relations http www.kpn.com corporate aboutkpn investor relations results 2010 q4.htm telephony ibasis claims no. 2 spot in global voice traffic oct. 1 2007 http telephonyonline.com home news ibasis voip international 100107 ibasis 2007 10 k filing march 17 2008 http ccbn .10 kwizard.com xml download.php repo tenk & ipage 5536840 & format rtf bnet ibasis named fastest growing technology company in new england sept. 23 2002 http findarticles.com p articles mi m0ein is 2002 sept 23 ai 91910609 boston globe ibasis deal is completed oct. 1 2007 http www.boston.com business ticker 2007 10 ibasis deal is.html ibasis 2007 10 k filing march 17 2008 http ccbn .10 kwizard.com xml download.php repo tenk & ipage 5536840 & format rtf light reading ibasis snacks on danish january 16 2008 http www.lightreading.com document.asp doc id 143422 & f src lightreading gnews http www.ibasis.com about us investors.aspx tmcnet ibasis performs gsma trial of ipx interconnect service and standards february 12 2008 http www.tmcnet.com comsol articles 20632 ibasis performs gsma trial ipx interconnect service standards.htm retrieved from https en.wikipedia.org w index.php title ibasis & oldid 699504953 categories telecommunications companies of the united statescompanies based in massachusettshidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged 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