IDT Corporation is a multinational provider of cloud communications, point of sale systems, unified communications, and financial services for businesses and consumers, headquartered in Newark, New Jersey.
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11 Facts About IDT Corporation
2.
IDT Corporation was founded by entrepreneur Howard Jonas in August 1990.
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3.
IDT Corporation founded the company after opening a sales office in Israel, receiving large international phone bills and then discovering a way to lower them by re-originating calls in the United States.
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4.
IDT Corporation operated a wireless MVNO, TuYo Mobile on the T-Mobile network.
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5.
In October 2014, IDT Corporation sold Fabrix Systems, an Israel-based software company that developed and licenses a proprietary cloud based storage and computing platform, to Ericsson.
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6.
In January 2017, Net2Phone, subsidiary of IDT Corporation, acquired LiveNinja, a Miami-based messaging and live chat technology startup.
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7.
On 24 January 2018, IDT Corporation began a pilot test on using Ripple's native cryptocurrency.
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8.
In March 2018, IDT Corporation completed its spinoff of Rafael Holdings with IDT Corporation founder Howard Jonas serving as Chairman of the board and Chief Executive Officer Rafael Holdings holds commercial real estate assets and interests in two clinical stage, oncology focused pharmaceutical companies.
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9.
In 2009, IDT Corporation introduced Boss Revolution, a PIN-less international prepaid calling service.
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10.
IDT Corporation subsequently announced initiatives to add various payment services to the Boss Revolution Platform, including international money transfer.
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11.
IDT Corporation inaugurated a service of low cost international calling called PennyTalk.
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