Telstra International sells off global voice, IPX and messaging wholesale assets

US-based communications solutions provider iBASIS has signed an asset sale and purchase agreement with Telstra to acquire Telstra International’s wholesale voice, mobile, and messaging customer contracts.

The transaction will see an international team of commercial and operational professionals join iBASIS, with existing customer relationships remaining intact and fully supported throughout the integration process.

iBASIS will also 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 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.

iBASIS currently serves over 1,000 customers across 28 locations worldwide with services and products that cover voice, mobile, messaging, IoT and cloud.

iBASIS CEO Patrick George said the move accelerates the company's growth trajectory and strengthens iBASIS as a global wholesale player.

“This marks a significant milestone in iBASIS’ ongoing consolidation strategy,” he said.

"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.”

“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," aid Roary Stasko, CEO of Telstra International.

"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."

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.