fic from every country in the world, including cellular, landline and satellite calls through direct interconnects. The network includes data centers located in the United States, the United Kingdom and Hong Kong, which house equipment used for both the company’s voice and payment services, with smaller points of presence in various other countries. It is monitored and operated on a continual basis by the company’s Network Operations Center in the United States. Consumer Phone Services segment This segment provides the company’s bundled local/long distance phone service in 11 states, marketed under the brand name IDT America. The company’s bundled local/long distance service, offered primarily to residential customers, includes unlimited local, regional toll and domestic long distance calling and popular calling features. A second plan is available, providing unlimited local service with the company’s long distance included for approximately 3.9 cents per minute. The company also offers long distance service throughout the United States. As of July 31, 2015, the company had approximately 5,100 active customers for its bundled local/long distance plans and approximately 22,700 customers for its long distance-only plans. The company’s major customer concentrations are in large urban areas, with the greatest number of customers located in New York, New Jersey, Pennsylvania and Massachusetts. All Other Beginning in the year ended July 31, 2015, Zedge (Zedge Holdings, Inc.) is included in All Other. All Other also includes the company’s real estate holdings, and other, smaller businesses. Zedge Zedge provides a content platform for mobile device personalization, including ringtones, wallpapers, home screen icons and game recommendations. Its smartphone app, available in Google Play, iTunes and the Microsoft Store, has been installed approximately 160 million times. The company owns approximately 83% (69% on a fully diluted basis) of Zedge. Users access Zedge through smartphone apps, which are available in the Google Play, iTunes and the Microsoft stores, or through feature phones or Zedge’s Website. Zedge’s app is primarily used by customers in North America and Europe, typically in the 18 to 34 age bracket. The Web users of Zedge are concentrated in the emerging markets are also young and skew male. During 2014 and 2015, Zedge introduced app icons, localization supporting Spanish, Portuguese, French, German and Norwegian, social sharing features and marketing automation capabilities. Zedge also has a moderate Web presence primarily frequented by feature phone users. Zedge developed a proprietary technology platform that is centered on content management and discovery, Web and app development, data mining and analytics, machine learning, mobile content/device compatibility, advertising and reporting. Dispositions In 2014, the company sold Fabrix Systems Ltd., a software development company. Strategy IDT Telecom IDT Telecom is pursuing a multi-pronged growth strategy that includes bringing new communications and payment services to the Boss Revolution platform and mobile app to deepen market penetration in foreign-born communities, create new sources of revenue, and further strengthen Boss Revolution's brand equity; utilizing the company’s direct and indirect sales force to deepen market penetration in certain foreign-born communities, focusing on geographies and ethnic communities where it has not traditionally been a leading provider; building on the early success of its Net2Phone brand's enterprise offerings including SIP, trunking, and hosted PBX services; continuing investment in the company’s early stage international money transfer business with a focus on increasing the number of originating agents in the United States; and exploring the commercial potential of certain merchant service offerings to reduce transactional costs for Boss Revolution retailers, provide them with actionable market data, and cut their inventory and supply costs. Zedge Zedge’s growth initiatives are focused on users (driving organic user growth with the introduction of new features, localization/ne
idt corp-class b
(IDT:New York Consolidated)
520 Broad Street
Newark, NJ 07102
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