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                                    -- Leading New Jersey Companies:

​                                    IDT Corporation
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IDT Corporation

Headquarters: Newark

​Web Site: www.idt.net
Facebook: IDTCorporation

Financial reports
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Employment
 
Shmuel Jonas
CEO

Founded 1990 by Howard Jonas as International Discount Telecommunications> Pioneer in Prepaid and VoIP (Voice Over Internet Protocol) carrying phone service over Internet to reduce high rates charged for previous international calling services> Provides retail communications, payment and money transfer services primarily under its flagship Boss RevolutionTM brand targets user market of immigrants and low-income, and cloud-based telecommunications services to businesses through its Net2Phone offerings> Wholesale telecommunications business a leading global carrier of international long distance voice calls> 2016 acquisition of LiveNinja, provider of customer-facing messaging and live chat management service; 2017 purchased International Call Reorigination, low-cost international long distance calling service into US>  Initial public offering 1996, listed on NY Stock Exchange since 2001, over 1,000 employees in more than 20 countries, revenues in excess of $1.5 billion> Series of spin-offs divested to shareholders previous businesses in radio syndication, energy, wireless broadband network, content distribution> Former NJ Congressman and 1989 Republican gubernatorial candidate James Courter an original investor, previously served as president> Net2Phone Direct chairman Clifford Sobel, finance chairman of NJ Republican State Committee, resigned to accept nomination 2001 by President Bush as ambassador to The Netherlands> Founder Howard Jonas retired as CEO 2013 but remains chairman, succeeded as CEO by son Shmuel Jonas> Relocated headquarters in 2000 from Hackensack to former headquarters of Mutual Benefit Life Insurance Co. in Newark.