IDT has been known for its telecom services. However, it has recently begun to branch out into other business lines to increase its diversity and lower its risk profile. IDT was founded by entreprenneur Howard Jonas. Howard Jonas is the founder of IDT Corporation, a company that pioneered the use of international callback in long distance telephony. ...
IDT Corp files registration for an IPO of the co's Class B common stock, which will be issued and sold by IDT Spectrum for its own account (IDT) 13.22 +0.20: ...
IDTCorporation (NYSE: IDT, IDT.C) is pleased to announce that it has settled its lawsuit against Telefonica S.A., Terra Networks, S.A., and Terra Networks, U.S.A., Inc. Under the terms of the...
IDTCorporation (NYSE: IDT, IDT.C) announced that its President, Ira Greenstein, has responded to a letter from the independent committee of the Board of Directors of Net2Phone regarding IDT's June...
IDT has also emerged as one of the nation's fastest growing Internet access providers, offering dial-up access to over 100,000 customers in 44 states as well as dedicated access to over 300 corporate customers.
IDT recently released Net2Phone Direct, enabling users to place calls via the Internet with both the caller and recipient using conventional telephones for as little as 5 cents per minute.
IDT recently completed a secondary offering of stock as well as a debt offering which netted the company over $200 million for expansion and acquisitions.