China Mobile Chooses iBasis For International Internet Telephony Service

iBasis, Inc., (Nasdaq: IBAS), a leader in advanced Internet-based communications, announced that China Mobile Telecommunications Corporation (China Mobile), has chosen the iBasis Network for global Internet telephony. Under the terms of the agreement, China Mobile will be able to route international voice and fax traffic from its over 46 million customers over the global iBasis Network. In addition, iBasis will be able to terminate its international traffic onto China Mobile's extensive network.

"As one of the world's fastest-growing communications providers, we must continue to enhance international services for our customers," said Zhang Ligui, Head of the Preparatory Group of China Mobile. "We will take advantage of the opportunity to take part in the competition in the national and international markets, search for potential opportunities for profit and develop new services."

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