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Technology Stocks : iBasis, Inc.
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To: Jim Oravetz who wrote (51)6/19/2000 12:59:00 PM
From: Jim Oravetz  Read Replies (1) of 211
 
BURLINGTON, Mass. -- iBasis Inc. (IBAS) signed an interconnection agreement with Sovintel, an alternative communications service provider in Russia.
In a press release Monday, iBasis said it will allow Sovintel to route Internet telephony and fax traffic over iBasis's international network.
In exchange, iBasis will terminate international Internet telephony traffic from its network on Sovintel's fiber optic digital network in Moscow and St. Peterburg.
iBasis Web site: ibasis.com
Sovintel is jointly owned by Russia's Rostelecom (ROS) and U.S.'s Golden Telecom Inc. (GLDN).
Sovintel Web site: sovintel.ru
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