Movistar Interconnects with VoIP Operator IBasis

Ecuadorian mobile operator Movistar Ecuador, a unit of Spain's Telefónica, has connected to the network of US VoIP services wholesaler iBasis for termination of mobile international calling, iBasis said in a statement.

The interconnection will enable iBasis to provide its wholesale and retail customers with call interconnection to Movistar's growing mobile phone network while providing a new revenue stream for the mobile operator.

"Ecuador is one of the fastest growing telecommunications markets in the world, with approximately one billion minutes of calls from the US each year," iBasis CEO Ofer Gneezy said.

"By interconnecting with Telefónica Ecuador we are greatly expanding our capacity to carry those calls to Ecuador," he added.

Founded in 1996, iBasis is a wholesale carrier of international long distance telephone calls and a provider of retail prepaid calling services.

Movistar Ecuador ended the first half of 2007 with 2.64mn subscribers, up 3.5% compared to the same period last year.

Posted to the site on 28th August 2007