Joomla Templates and Joomla Extensions by JoomlaVision.Com

Telecom Review North America


Latest Issue

Telecom Review's Interview with Marc Halbfinger, CEO of PCCW Global

Telecom Review's Interview with Alessandro Talotta, Chairman and CEO of Telecom Italia Sparkle

Telecom Review Summit 2016

Jeff Seal, Managing Partner Telecom Review NA Interviews the CEO of Spirent Technologies

Jeff Seal Interviews Zayo President Mike Strople

Telecom Review's Jeff Seal Moderates Submarine Fiber Optic Gathering

Socialize with us

Banner
Banner
Banner
Banner
Banner
Banner
Tofane Global Completes Acquisition of iBASIS PDF Print E-mail
Wednesday, 20 February 2019 09:10


Tofane Global (TOFANE), confirmed the closing of its acquisition of iBASIS, formerly a Royal KPN N.V. company.

Combined with its September 2018 acquisition of Altice Europe N.V. international voice carrier business in France, Portugal, and the Dominican Republic, TOFANE now owns and operates all companies, which will be consolidated under the new iBASIS, rebranded to launch at closing.

As a result, iBASIS represents an estimated USD 1+ billion in annual revenue, becomes the third largest wholesale voice operator, services 1,000+ customers worldwide, and brings together 300 employees across 18 offices on four continents.

iBASIS will retain its its long-standing partnership with KPN for voice, roaming, mobile data, transmission, and IoT. Both Altice Europe N.V. and iBASIS customers immediately benefit from the strength of combined markets coverage, voice volumes, and expanded portfolio of mobile data and Internet of Things solutions.

“Eleven months ago, in a single week we committed to the acquisition of two competitive leaders. We are proud we’ve closed both transactions and created the Top 3 independent carrier. We are bringing together complementary global footprints, deep commitment to innovation, and Tier 1 capabilities, and are now positioned to empower our customers’ performance and transformation strategies worldwide,“ comments Alexandre Pébereau, Group CEO.

BOOST GLOBAL TRAFFIC CONSOLIDATION

Consolidating traffic across entities will increase iBASIS’ volume by an estimated 80%, Direct Network Operators connections to over 300, and fixed and mobile destinations to 2,000+. TOFANE’s carrier consolidation strategy reinforces iBASIS commercial independence and financial agility to deliver greater economies of scale and business intelligence.

Managed solutions include outsourced inbound and outbound voice, roaming services, mobile-to-mobile, global infrastructure sharing for inter-company and third-party traffic, fraud management, and software solutions for real-time routing, billing, and reporting. Their expertise is demonstrated by the fact that they manage international communication services for four major operators, SFR (France), MEO (ex-Portugal Telecom), Altice Dominicana and KPN, with exclusivity for outbound voice services.

EXPAND MOBILE DATA

Through investments in products and footprint, iBASIS will strengthen and broaden its mobile data portfolio, expanding services across 4G and initiating 5G deployments.

A pioneer in Voice over IP interoperability and a leading IPX Service Provider, iBASIS partners with 700+ mobile operators and enables global connectivity for 1.5 billion LTE subscribers across 660+ destinations. iBASIS ranked a Top Tier 1 in the 2018 ROCCO Leading IPX Network report, leading with its Open Peering, Voice over LTE, and Business Intelligence solutions.

ACCELERATE IOT CONNECTIVITY

As a leading communications solutions group, TOFANE is powering iBASIS’ Global Access for Things solutions for IoT with a multi-year investment plan in IoT innovation and partnerships, as well as extending access to Africa and the Caribbean, and to French and Portuguese speaking markets.

iBASIS provides locally programmable GSMA-standardized eSIM solutions supporting the various categories of Cellular Internet of Things connectivity. iBASIS’ eSIM solutions are active in several verticals, including semiconductors, transportation, shipping, travel, tourism, and automotive.

“Our top priority is to enable our customers to be first in their respective markets, first across the globe, and first to achieve transformation. Powered by TOFANE, we are set to deliver on our promise and on the next phase of our future,“ adds Feddo Hazewindus, CEO, iBASIS.

Founded in 2017 by Alexandre Pébereau, former Orange Carriers CEO and founder of the ITW Carriers’ Council, Tofane Global is backed by financial partners, including Ciclad and Trocadero Capital Partners, and Société Générale as its primary bank. Banque Lazard, Arthur D. Little, Deloitte, De Pardieu, and Houthoff served as advisors to Tofane Global.