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iBASIS Acquires Global Voice, IPX and Messaging Wholesale Assets From Telstra International and Signs Long-Term Agreement for the Provision of These Services

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iBASIS Acquires Global Voice, IPX and Messaging Wholesale Assets From Telstra International and Signs Long-Term Agreement for the Provision of These Services
News

News

iBASIS Acquires Global Voice, IPX and Messaging Wholesale Assets From Telstra International and Signs Long-Term Agreement for the Provision of These Services

2025-09-03 14:59 Last Updated At:15:10

PARIS & SYDNEY--(BUSINESS WIRE)--Sep 3, 2025--

iBASIS, a leading provider of communications solutions for operators and digital players worldwide, today announced it has signed an Asset Sale and Purchase Agreement (APA) with Telstra to acquire Telstra International’s wholesale voice, mobile, and messaging customer contracts.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250903751955/en/

The transaction, which is subject to regulatory approvals, represents a major expansion of iBASIS’ commercial scale, geographic reach, and customer portfolio across the Asia-Pacific region, reinforcing its presence in Hong Kong and Singapore, and establishing its presence in Australia and New Zealand. Additionally, iBASIS will obtain exclusive rights for international wholesale voice services for Digicel Pacific, part of the Telstra International portfolio, covering Papua New Guinea, Fiji, Samoa, Tonga, Vanuatu, and Nauru.

The transaction further underpins iBASIS’ positioning as the partner of choice to Tier One domestic carriers for international wholesale services and consolidator of the international wholesale market.

“This long-term partnership with iBASIS offers a strategic opportunity to strengthen our ability to compete globally, while ensuring continuity and quality for our international voice customers. We have full confidence in iBASIS to deliver seamless continuity for our wholesale and retail customers, backed by their proven track record in service delivery and global expertise,” said Roary Stasko, CEO of Telstra International.

“We are extremely proud to partner with Telstra. This marks a significant milestone in iBASIS’ ongoing consolidation strategy,” said Patrick George, CEO of iBASIS. “This transaction accelerates our growth trajectory and strengthens our unique leadership position as a global wholesale player. It validates the relevance of our model as an independent specialist in global wholesale communications, built on high-performing voice and mobile platforms, and expands our reach and presence in the APAC region.”

The transaction involves the transfer of high-value customer contracts and an international team of seasoned commercial and operational professionals. iBASIS is committed to ensuring a seamless transition with uninterrupted service quality for all customers. Existing customer relationships will remain intact and fully supported throughout the integration process.

The transaction is subject to regulatory approval and is anticipated to close before year-end 2025. Dohan Advisory served as the financial advisor to iBASIS in relation to the transaction.

About iBASIS
iBASIS is the leading communications solutions provider enabling operators and digital players worldwide to perform and transform. iBASIS is the first independent communications specialist and Tier One IPX vendor with 800+ LTE destinations. iBASIS today serves 1,000+ customers across 28 locations worldwide. iBASIS optimizes global connectivity, quality, and security so customers achieve high returns on voice, SMS A2P messaging, mobile data, 5G roaming, and IoT.

About Telstra International
Telstra International is a trusted digital infrastructure and connectivity partner in Asia Pacific and the global arm of Telstra, a leading telecommunications and technology company with a proudly Australian heritage. Telstra International provides secure and resilient connectivity solutions to meet the growing needs of thousands of technology, enterprise, and wholesale customers.

From left to right: Roary Stasko, CEO, Telstra International; Patrick George, CEO, iBASIS

From left to right: Roary Stasko, CEO, Telstra International; Patrick George, CEO, iBASIS

SEOUL, South Korea (AP) — A South Korean court sentenced former President Yoon Suk Yeol to five years in prison Friday in the first verdict from eight criminal trials over the martial law debacle that forced him out of office and other allegations.

Yoon was impeached, arrested and dismissed as president after his short-lived imposition of martial law in December 2024 triggered huge public protests calling for his ouster.

The most significant criminal charge against him alleges that his martial law enforcement amounted to a rebellion, and the independent counsel has requested the death sentence in the case that is to be decided in a ruling next month.

In Friday's case, the Seoul Central District Court sentenced Yoon for defying attempts to detain him, fabricating the martial law proclamation and sidestepping a legally mandated full Cabinet meeting.

Yoon has maintained he didn’t intend to place the country under military rule for an extended period, saying his decree was only meant to inform the people about the danger of the liberal-controlled parliament obstructing his agenda. But investigators have viewed Yoon’s decree as an attempt to bolster and prolong his rule, charging him with rebellion, abuse of power and other criminal offenses.

Judge Baek Dae-hyun said in the televised ruling that imposing “a grave punishment” was necessary because Yoon hasn’t shown remorse and has only repeated “hard-to-comprehend excuses.” The judge also restoring legal systems damaged by Yoon’s action was necessary.

Yoon, who can appeal the ruling, hasn’t immediately publicly responded to the ruling. But when the independent counsel demanded a 10-year prison term in the case, Yoon’s defense team accused them of being politically driven and lacking legal grounds to demand such “an excessive” sentence.

Prison sentences in the multiple, smaller trials Yoon faces would matter if he is spared the death penalty or life imprisonment at the rebellion trial.

Park SungBae, a lawyer who specializes in criminal law, said there is little chance the court would decide Yoon should face the death penalty in the rebellion case. He said the court will likely issue a life sentence or a sentence of 30 years or more in prison.

South Korea has maintained a de facto moratorium on executions since 1997 and courts rarely hand down death sentences. Park said the court would take into account that Yoon’s decree didn’t cause casualties and didn’t last long, although Yoon hasn’t shown genuine remorse for his action.

A supporter of former South Korean President Yoon Suk Yeol shouts slogans outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

A supporter of former South Korean President Yoon Suk Yeol shouts slogans outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

Supporters of former South Korean President Yoon Suk Yeol hold signs and flags outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

Supporters of former South Korean President Yoon Suk Yeol hold signs and flags outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

A supporter of former South Korean President Yoon Suk Yeol waits for a bus carrying former South Korean President Yoon Suk Yeol outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

A supporter of former South Korean President Yoon Suk Yeol waits for a bus carrying former South Korean President Yoon Suk Yeol outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

Supporters of former South Korean President Yoon Suk Yeol hold signs as police officers stand guard outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

Supporters of former South Korean President Yoon Suk Yeol hold signs as police officers stand guard outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

Supporters of former South Korean President Yoon Suk Yeol hold signs and flags outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

Supporters of former South Korean President Yoon Suk Yeol hold signs and flags outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

Supporters of former South Korean President Yoon Suk Yeol hold signs outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

Supporters of former South Korean President Yoon Suk Yeol hold signs outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

A picture of former South Korean President Yoon Suk Yeol is placed on a board as supporters gather outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

A picture of former South Korean President Yoon Suk Yeol is placed on a board as supporters gather outside Seoul Central District Court, in Seoul, South Korea, Friday, Jan. 16, 2026. (AP Photo/Lee Jin-man)

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