Minutes handled by iBasis in 2Q07 were 3.5 billion. Average revenue per minute was 4.41 cents. iBasis has 636 wholesale customers. Revenue for the second quarter of 2007 was $155.6 million. Wholesale $127.8m. Retail $27.8m. All VoIP obviously. Net income for the second quarter of 2007 was $0.1 million.

In the second quarter the company regained compliance with Nasdaq listing requirements. Merger with KPN Intl is pending for a while.