3U Telecom Interconnects with iBasis for International Telecom Services; Leading European 'Call-by-Call' Carrier Expands iBasis Presence.Business Editors/High-Tech Writers BURLINGTON, Mass.--(BUSINESS WIRE)--June 18, 2003 iBasis, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : IBAS), the leader in Internet-based voice communications, today announced that 3U TELECOM, a provider of retail long distance services has interconnected with The iBasis Network(TM) for international telecommunications services. By interconnecting with iBasis, 3U will be able to route international voice traffic over The iBasis Network, as well as complete calls for iBasis over 3U's advanced fiber optic network in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and Europe. 3U is one of many fast-growing providers of telecommunication services that allow customers to utilize "call-by-call" carrier selection to maximize potential savings on local, as well as domestic and international long distance calls. 3U customers in seven countries - the U.S., Germany, France, Italy, Switzerland, Austria, and the Netherlands - choose 3U by dialing a designated four or five digit prefix The beginning or to add to the beginning. To prefix a header onto a packet means to place the header characters in front of the packet. "To prefix" at the beginning is the opposite of "to append" characters at the end. See prepend. 1. before placing their call. "iBasis and 3U share the same commitment to quality service," said Udo Graul, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 3U TELECOM. "Taking advantage of the iBasis global network for international call completion will help us to expand our global business efficiently." "Call-by-call carrier selection, or 'dial-around', is a fast growing segment of the retail telecommunications industry in which the strength of the carrier's brand is highly dependent on the quality of every call," said Ofer Gneezy, president and CEO of iBasis. "By interconnecting with iBasis, 3U is taking advantage of the quality of service we provide as well as cost-efficient access to our global footprint to deliver reliable, high quality service to their retail customers." About 3U Telecom Headquartered in Marburg (Germany), 3U Telecom was founded in 1997 to provide high quality long distance phone service for residential and business customers at low prices. Using the increasingly popular open call-by-call procedure and 3U's advanced fibre optic network, customers in the U.S. Germany, Switzerland, Italy, France, Austria, and the Netherlands select 3U for domestic and international long distance calls to fixed and mobile phones around the world. In November 1999 3U Telecom completed a successful initial public offering and is listed on the Frankfurt stock exchange Frankfurt Stock Exchange The largest of Germany's eight securities exchanges, operated by Deutsche Borse AS. . About iBasis Founded in 1996, iBasis (OTCBB: IBAS) is a leading provider of wholesale international telecommunications services. The company was named by service providers for two consecutive years as the best international wholesale carrier in Atlantic-ACM's annual International Wholesale Carrier Report Card(1). iBasis is a preferred provider for many of the largest carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom China Unicom, full name China United Telecommunications Corporation, 中国联通, HKSE: 0762 NYSE: CHU, is a telecommunication operator in the People's Republic of China. 52. , Sprint, Telefonica, Telenor, Telstra, and MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. . iBasis has carried more than six billion minutes of international voice traffic over its global Cisco Powered Network(TM), which has also been the highest rated wholesale VoIP network for two years in a row(2). Based on its revenue growth from 1997 through 2001, iBasis was ranked the #8 fastest-growing technology company in North America and the #1 fastest-growing technology company in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. in the Technology Fast 500 national program sponsored by Deloitte & Touche. The company can be reached at its worldwide headquarters in Burlington, Massachusetts Burlington is a town in Middlesex County, Massachusetts, United States. The population was 22,876 at the 2000 census. History Burlington was first settled in 1641 and was officially incorporated on February 28, 1799. , USA at 781-505-7500 or on the Internet at www.ibasis.com. Assured Quality Routing, ConnectPoint, and iBasis are registered marks, The iBasis Network, Internet Central Office, Internet Branch Office, and IP CallCard are trademarks of iBasis, Inc. Cisco and Cisco Powered Network are registered trademarks of Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Inc. All other trademarks are the property of their respective owners. (1)Atlantic-ACM International Wholesale Carrier Report Card 2003 - February 2003 (2)Atlantic-ACM |
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