traffic with their customers. During 2014, IDT Telecom terminated 29.6 billion minutes. IDT Telecom has various direct connections to Tier 1 providers outside the United States, particularly Tier 1 providers in Latin America, Asia, Africa, Europe, and the Middle East. As of July 31, 2014, Wholesale Termination Services had approximately 600 customers. IDT Telecom has approximately 550 carrier relationships worldwide. Payment Services: Payment Services provides payment offerings, including international airtime top-up and international money transfer sold through its Boss Revolution platform. The majority of Payment Services include international airtime top-up services. Other products and services in this vertical include domestic airtime top-up, gift cards sold in the United States and Europe, domestic bill pay service, and international money transfer service. Payment Services also includes reloadable prepaid debit cards marketed in Europe and Bank Identification Number (BIN) sponsorship services offered by its Gibraltar-based bank, IDT Financial Services Limited. The company’s international airtime top-up products enable customers to purchase minutes for a prepaid mobile telephone in another country. They are sold both over its Boss Revolution payment platform and in hard card format. The company’s international airtime top-up offerings are focused on geographic corridors, such as the United States to Central America. The company’s international money transfer service is offered through the Boss Revolution platform, and like other payment services, utilizes its retail network and associated ability to serve unbanked customers. Hosted Platform Solutions: Hosted Platform Solutions provides customized communications services that leverage its proprietary networks, platforms, and/or technology to cable companies and other service providers. International Operations: In Europe, the company markets its Retail Communications products in the United Kingdom, the Netherlands, Spain, Germany, Belgium, Italy, Luxembourg, Sweden, Switzerland, Denmark, Norway, and Austria. The company also markets its Payment Services products in the United Kingdom. The company maintains its European corporate, Retail Communications and Wholesale Termination Services operations in London, England. The company also operates satellite offices in Germany, Belgium, Spain, and Greece. The company also provides wholesale termination services to international telecom companies, including foreign state-owned or state-sanctioned telephone companies and Tier-1 carriers, new and emerging telephone companies, and value-added service providers. In Asia, the company sells Retail Communications products in Hong Kong, Singapore, Australia, Japan, Korea, Malaysia, and Taiwan. The company’s operations in Asia also include Wholesale Termination Services. In Hong Kong, the company provides prepaid calling services to the Filipino and Indonesian populations. In Latin America, the company markets Retail Communications products in Argentina, Brazil, Peru, Chile, and Uruguay. In addition, the company offers post-paid phone services in Brazil to consumers and small businesses. The company maintains Latin American headquarters in Buenos Aires, Argentina. Sales, Marketing, and Distribution: In the United States, the company distributes Retail Communications and Payment Services products, including Boss Revolution PIN-less, domestic and international airtime top-up offerings, and prepaid calling cards primarily to retail outlets through its network of distributors or through its internal sales force. In addition, its white label calling cards, as well as its IDT-branded calling cards are marketed to retail chains and outlets through its internal sales force. The company also markets prepaid offerings, including Boss Revolution PIN-less and domestic and international airtime top-up, direct to the consumer through online channels, including the Boss Revolution consumer Website (bossrevolution.com) and mobile apps for Apple iOS and Android. In Europe and Asia, the company sells its prepaid calling cards, including both white label and IDT-branded
idt corp-class b (IDC2:Berlin)
520 Broad Street
Newark, NJ 07102
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