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iBasis Carries 53m Christmas Minutes |
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Written by Adam Gosling
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Friday, 05 January 2007 |
Global VoIP wholesaler carried a record number of phone minutes
these Holidays terminating more than 53.6 million minutes of VoIP calls on
Christmas Day alone - a record for the 10 year old company.
iBasis, which carries calling card minutes and VoIP services
for a number of leading brand service providers (including Yahoo, Skype, AT&T,
Verizon, China
Mobile, China
Unicom, IDT, Qwest, Telecom Italia and Telefonica) carried nearly as much traffic
on New Years Day with a 52.9 million minute result.
Both were considerable increases over the 2005 results when the
company carried 7.8 billion for the year.
Christmas Day saw a 30 percent increase over 2005 while New
Years Day was up 38 percent from a year ago.
"While they were
certainly record traffic days for iBasis, the holidays may have been the two
greatest 24-hour periods of Internet-based phone activity in history," said
Ofer Gneezy, president and CEO of iBasis.
"While VoIP continues its rapid growth we are able to
leverage the lower cost of IP bandwidth and equipment to scale our network very
efficiently to take advantage of the growth opportunity. We fully expect to set
new records as soon as Mother's Day, which has historically exceeded the
traffic volume of the preceding holidays."
"As a leading carrier of international phone calls, and an
operator of one of the most extensive international VoIP networks, iBasis
really does have its finger on the pulse of international Internet voice
traffic," said Stephan Beckert, director of research at TeleGeography.
"VoIP has again seen a dramatic year-over-year increase, and
with these record-setting holiday statistics from iBasis, it's clear a
worldwide migration to IP-based communications is well underway," he said.
Based on Telegeography projections and iBasis' current
annual run rate of approximately 12 billion minutes, the company carries an
estimated 20 percent of the world's international VoIP traffic.
www.ibasis.com
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