FILE PHOTO: A woman walks past a Telstra store in Sydney's CBD in Sydney, Australia, July 3, 2024. REUTERS/Jaimi Joy/File Photo
(Reuters) -U.S. communications solutions provider iBASIS has signed a deal with Australia's Telstra Group to acquire wholesale voice, mobile, and messaging customer contracts from Telstra International, it said on Wednesday.
The acquisition, expected to close before year-end 2025, marks the establishment of iBASIS' presence in Australia and New Zealand, expanding its footprint in the Asia-Pacific region, the U.S.-headquartered company said.
