IDT Corporation operates as a multinational holding company with operations primarily in the telecommunications and payment industries. IDT Telecom, Inc. (IDT Telecom) IDT Telecom includes two segments, Telecom Platform Services and Consumer Phone Service. Telecom Platform Services segment The company’s Telecom Platform Services segment markets and distributes multiple communications and payment services across four business verticals, including Retail Communications, Wholesale Carrier Services, Payment Services, and Hosted Platform Solutions. Retail Communications provides international long-distance calling products primarily to foreign-born communities worldwide, with its core markets in the United States; Wholesale Carrier Services is a global telecom carrier, terminating international long distance calls around the world for Tier 1 fixed line and mobile network operators, as well as other service providers; Payment Services provides payment offerings, including international and domestic airtime top-up and international money transfer; and Hosted Platform Solutions provides customized communications services that utilizes its proprietary networks, platforms and/or technology to cable companies and other service providers. International Operations Internationally, the company provides prepaid calling cards, including both private label and IDT-branded calling cards, which are sold through a network of thousands of independent retailers, as well as through its own internal sales force. Additionally, the company sells Boss Revolution PIN-less international calling and domestic and international airtime top-up and payment services in select global markets both through retailers and directly to consumers. Wholesale Termination and related wholesale services are marketed and sold globally through its internal wholesale team. 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, seeking to capitalize on the demographic opportunity presented by immigration from outside of Europe to these developed nations. In addition, the company sells Boss Revolution platform products through retailers, its mobile app, and direct-to-consumer Websites in Germany, Spain and the United Kingdom. In the United Kingdom, it sells the Prime Card, a leading prepaid MasterCard through select retailers and online directly to consumers. The company’s operations in Europe also include Wholesale Carrier Services. It maintains its European corporate, Retail Communications and Wholesale Carrier Services operations in London, England. The company also operates satellite offices in Germany, Belgium, Spain, Italy, Ireland, and Greece. In Asia, the company sells Retail Communications products in Hong Kong, Singapore, Australia, Taiwan and Malaysia. In Hong Kong, the company provides prepaid calling services to the Filipino, Indian, and Indonesian populations. The company sells Boss Revolution platform products through retailers, its mobile app, and direct-to-consumer Websites in Australia, Hong Kong, and Singapore. In Asia, the company also sells postpaid services direct to consumers and small businesses. The company’s operations in Asia also include Wholesale Carrier Services. In Latin America, the company markets Retail Communications products in Argentina, Brazil, Peru, Chile, and Uruguay. In addition, it offers post-paid phone services in Brazil to consumers and small businesses. 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 private label calling cards, as well as its IDT-branded calling cards are also marketed to retail chains and outlets through its internal sales force. The company also markets prepaid offerings, including Boss Revolution PIN-less and dome
idt corp-class b
(IDT:New York Consolidated)
520 Broad Street
Newark, NJ 07102
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