IBasis, an Internet telephony company, has won a contract from China Mobile
IBasis, an Internet telephony company, has won a contract from China Mobile Telecom that allows China Mobile to route international voice and fax traffic from its customers over the iBasis Network. In addition, iBasis will be able to terminate its international traffic onto China Mobile's network. Shares in iBasis rose $7.50, or almost 30 percent, to $32.88 and traded as high as $34.44.
IBasis, an Internet telephony company, has won a contract from China Mobile
Telecom that allows China Mobile to route international voice and fax
traffic from its customers over the iBasis Network. In addition, iBasis will
be able to terminate its international traffic onto China Mobile's network.
Shares in iBasis rose $7.50, or almost 30 percent, to $32.88 and traded as
high as $34.44.
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