People walk past a Telstra store on Melbourne’s central business district on June 20, 2018. William West/AFP via Getty Images
Telstra International is stepping back from providing voice and messaging services across the Asia-Pacific market, after agreeing to sell that part of its business to Nasdaq-listed U.S. company iBASIS for an undisclosed sum.
The deal, which is still subject to regulatory approvals, will see iBASIS acquire high-value customer contracts and some of Telstra International’s commercial and operational staff.
