Article: Pingo Lowers the Cost of Calls to Mobile Phones in More Than 100 International Destinations; With RateWatcher, Pingo Customers Save on International Calls to More Than 600 Million Mobile Phone Users.

BURLINGTON, Mass. -- Pingo(TM), the prepaid calling card service of iBasis (OTCBB: IBAS), today announced lower rates on calls to mobile phones in more than 100 countries, accounting for more than 600 million overseas mobile phone subscribers. The reductions are the result of RateWatcher(TM), a feature of Pingo that actively searches for opportunities to reduce rates and pass the savings along to Pingo phone card subscribers. Pingo takes advantage of the iBasis global VoIP network to enable consumers to purchase directly the same high quality long distance calling service the company provides on a wholesale basis to its large carrier customers. The RateWatcher feature ...

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