iBasis Inc. (IBAS) is Building a Base for Future Growth
Trading on NASDAQ as part of the Internet Software and Services industry, iBasis Inc. is a leading wholesale carrier of international long-distance telephone calls and a provider of retail prepaid calling services. Founded in 1996, iBasis also provides enhanced services for mobile operators. With corporate headquarters in Burlington, Massachusetts, the company is one of the largest carriers of international voice traffic in the world today. This is due to their acquisition, last October, of KPN Global Carrier Services. KPN is now a majority stockholder of iBasis Inc. With the acquisition of KPN, iBasis expanded their product portfolio to include guaranteed…