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iBasis Named As Finalist For World Communication Award For Best Wholesale Carrier Posted on: 29/08/2006 iBasis has been named as a finalist for the World Communication Award for Best Wholesale Carrier. The World Communication Awards, administered by news site Total Telecom, recognizes "the companies and individuals responsible for the innovations, achievements and great new services that are helping to build tomorrow's industry."iBasis carried approximately 8 billion minutes of international Voice over IP (VoIP) traffic in 2005, and is one of the largest carriers of international voice traffic in the world. In June, iBasis announced it had reached an agreement with Dutch national carrier Royal KPN N.V. to acquire KPN Global Carrier Services. The deal will make iBasis one of the five largest international voice carriers in the world with a combined annual run rate of more than 20 billion minutes of international traffic. Criteria for the award included a focus on growth sectors and markets, outstanding performance in the key differentiators of cost, quality, connectivity, and geographical reach, and technological innovation. The other finalists for the award are also among the world's leading telecommunications companies -- AT&T Wholesale Group, Belgacom International Carrier Services, Cogent Communications NetCentric, TeliaSonera International Carrier, and VSNL International/Teleglobe. The winner will be announced on November 9 in London. News story posted by: BroadGroup
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