BURLINGTON, Mass.--(BUSINESS WIRE)--Pingo (www.pingo.com), the prepaid calling card service of iBasis (NASDAQ:IBAS), today announced new lower rates on calls to the Philippines -- 13.75 cents for calls to landline phones and 14.5 cents for calls to mobile phones. The Philippines is one of the highest-volume calling destinations in the world, and is a particularly popular destination for users of prepaid calling card services such as Pingo. Philippines long distance calls comprise approximately 4 percent of all international calls from the U.S.

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“With Pingo we are able to leverage the scale and efficiency of the iBasis global VoIP network to offer exceptional prepaid calling rates combined with great convenience features,” said Ofer Gneezy, president and CEO of iBasis. “There are large Filipino communities in the U.S. and in many of the other 34 countries where Pingo is available. We believe this RateWatcher reduction will help Pingo attract many new subscribers while rewarding existing customers.”