iBasis Enters Retail Prepaid Business

iBasis named Jonathan Kaplan to lead its entry into the retail prepaid calling card business. The company estimates that revenues from calling cards sold in the U.S. will grow from $3.7 billion in 2002 to $5.1 billion in 2005. Kaplan held executive and senior management positions with long distance carriers and prepaid calling card distributors including with IDT and others.
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