IDT Company Description
IDT keeps a corporate finger in several pies. The company makes most of its money through IDT Telecom, which provides retail domestic and international long-distance access mainly in the US as well as wholesale voice and data services. IDT also offers wireless service and pre-paid calling cards. The company's international business, consisting of calling card sales to customers primarily in Europe, accounts for nearly one third of revenue. IDT's other operations include a capital division, which acquires and manages media and broadcast properties, and an energy services unit (ESCO), which resells natural gas and electric power in New York state. Founder and chairman Howard Jonas controls IDT with 40% ownership.
View the Comprehensive Company Description for IDT
The Company Description provides a historical perspective of IDT's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of IDT's evolution in the marketplace.
