KPN and iBasis merge international wholesale businesses

22 Jun 2006

Netherlands telecoms group KPN has announced it is to merge its international wholesale voice business, KPN Global Carrier Services, with US-based iBasis. KPN will pay USD55 million for a majority stake in the enlarged company. iBasis shareholders will receive a cash dividend of USD113 million upon completion of the deal, expected by the end of 2006. The merged entity will preside over KPN’s wholesale voice network in Europe and Asia, and iBasis’ footprint in the Americas and Asia. It is expected to generate revenues of USD1.2 billion to USD1.25 billion in 2006 and EBITDA of between USD45 million and USD50 million. ‘Consolidation of iBasis revenues will contribute to the growth of our fixed activities and increase the contribution of IP-based services in our portfolio,’ KPN’s Chief Executive Ad Scheepbouwer said in a statement.

Netherlands, United States,KPN,


Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate


Have feedback, corrections, or story ideas? Send them to

Browse Past Issues


Filter CommsUpdate by the following categories or use the search.


Visit our help page information on performing advanced searches, including how to restrict the results by country or company.


CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.