First-ever VoIP telco?

Via Kevin Werbach's blog:

VC Fred Wilson announces that ITXC, Tom Evslin's VOIP backbone company, is merging with Teleglobe to form the world's third largest long-distance company. This is a significant development. Like several of us, Tom recognized years ago that VOIP was the future of the telephone business, but he actually did something to make it happen.

Link to ITXC press release.