IDT Corporation

IDT Corporation to Present at Sidoti Investor Conference

Retrieved on: 
Monday, March 11, 2024
Fintech, Cloud communications, IDT, Judgement, Conference, IDT Corporation, Cryptocurrency

NEWARK, NJ, March 11, 2024 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today announced that its management will present to investors at the Sidoti Small Cap Conference on Wednesday, March 13, 2024, from 11:30 AM until 12:00 PM ET in track 1.

Key Points: 
  • NEWARK, NJ, March 11, 2024 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today announced that its management will present to investors at the Sidoti Small Cap Conference on Wednesday, March 13, 2024, from 11:30 AM until 12:00 PM ET in track 1.
  • This link and IDT’s presentation deck will also be available on the investor relations pages of the IDT Corporation website at the time of the presentation.
  • IDT’s management will host 1x1 meetings with investors during the conference on March 13th and 14th.
  • To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.

IDT Corporation to Report Second Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, February 29, 2024
Fintech, Cloud communications, IDT, Q&A, IDT Corporation

NEWARK, NJ, Feb. 29, 2024 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the second quarter of its fiscal year 2024 (the three months ended January 31, 2024) on Wednesday, March 6, 2024.

Key Points: 
  • NEWARK, NJ, Feb. 29, 2024 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the second quarter of its fiscal year 2024 (the three months ended January 31, 2024) on Wednesday, March 6, 2024.
  • IDT’s earnings release will be issued and posted on the IDT investor relations website ( https://www.idt.net/investors-and-media ) at approximately 4:30 PM Eastern.
  • IDT will host an earnings conference call beginning at 5:30 PM Eastern with management’s discussion of results followed by Q&A with investors.
  • A replay of the conference call will be available approximately three hours after the call concludes through March 20, 2024.

Zendit Extends Global Prepaid Platform with eSIM Initiative

Retrieved on: 
Thursday, February 22, 2024
Electrospray, IDT, Catalog, ESIM, Mobile, SIM, Internet of things, IDT Corporation, Fast, Organization

NEWARK, NJ, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Zendit, a cloud-based prepaid-as-a-service business of IDT Corporation (NYSE: IDT), will unveil its eSim (embedded Subscriber Identity Module) initiative at the Mobile World Congress 2024 (MWC) in Barcelona, Spain, from February 26th to 29th.

Key Points: 
  • Zendit, the Fast Growing Pre-Paid B2B Provisioning Platform, Will Unveil a Comprehensive eSIM Catalog at the Mobile World Congress (MWC) Barcelona
    Stop by the Zendit Booth at MWC 2024 for a Free Spain eSIM!
  • eSims enable effortless global data connectivity – usually at significant savings compared to roaming charges and for much less than most carriers’ daily travel charge.
  • “Zendit’s eSim initiative offers businesses, organizations, entrepreneurs, and developers an outstanding opportunity to tap into this rapidly expanding and exciting global market,” said Emilio del Rio, President of IDT Digital Payments.
  • “The Zendit prepaid-as-a-service platform makes it easy for anyone to build and offer curated eSIM collections to their audiences and customers.

SharedFi, the WiFi Money Making App From WaveMAX, to Partner With Zendit and PagaPhone to Offer Mobile Top-ups and eSIMs

Retrieved on: 
Friday, March 1, 2024
5G, Telecommunications, Software, Networks, Internet, Electronic Commerce, Professional Services, Data Management, Digital Cash Management, Digital Assets, Technology, Mobile, Wireless, Fintech, Digital Marketing, Payments, Marketing, Advertising, Communications, Apps, Applications, Carriers and Services, IDT, ESIM, Digital, MWC, IDT Corporation, MVNO, Mobile virtual network operator, Wi-Fi, Ecosystem, Electrospray, Mobile phone

PagaPhone, a fintech and Mobile Virtual Network Operator (MVNO) in Mexico, will be the first MVNO to partner with WaveMAX to create synergies with PagaPhone subscribers.

Key Points: 
  • PagaPhone, a fintech and Mobile Virtual Network Operator (MVNO) in Mexico, will be the first MVNO to partner with WaveMAX to create synergies with PagaPhone subscribers.
  • WaveMAX's SharedFi® patented technology allows for a shared network of WiFi access points and small cells.
  • WiFi access points owners and MNO/MVNO Partners receive a share of the ad, subscription or mobile top-up and eSIM revenue.
  • "We are very glad to add mobile top-ups and eSIMS functionality using the Zendit Platform in the SharedFi mobile app, consolidating a business model where we partner with MVNOs like PagaPhone," said Eduardo Velasco, WaveMAX CEO.

net2phone Unveils Global Connect

Retrieved on: 
Thursday, February 8, 2024
Connect, Net2Phone, Microsoft Teams, PBX, IDT Corporation, IDT, Organization, Human, SIP, Video game

Newark, NJ, Feb. 08, 2024 (GLOBE NEWSWIRE) -- net2phone, a leading provider of intelligent communications-as-a-service for businesses and contact centers, today launched its Global Connect service.

Key Points: 
  • Enables multi-national businesses – whether using net2phone uContact, Microsoft Teams, or legacy platforms - to drop their local landlines by upgrading to a single-channel cloud connectivity solution
    Newark, NJ, Feb. 08, 2024 (GLOBE NEWSWIRE) -- net2phone , a leading provider of intelligent communications-as-a-service for businesses and contact centers, today launched its Global Connect service.
  • Global Connect provides multinational businesses with a single-channel, enterprise-grade cloud connectivity solution across multiple geographies.
  • “Multi-national organizations can substantially reduce their global telephony costs with Global Connect,” said Jonah Fink, President of net2phone.
  • To learn more about how Global Connect can streamline your business operations, visit net2phone.com and get connected with a net2phone expert.

BOSS Money Reports Strong Remittance Topline Increase over the Christmas Holiday Season

Retrieved on: 
Friday, December 29, 2023
Family, IDT Corporation, Friends, Google Play, IDT, App Store (iOS/iPadOS), Growth, BOSS, Online shopping

Newark, NJ, Dec. 29, 2023 (GLOBE NEWSWIRE) -- BOSS Money, the money transfer service of IDT Corporation (NYSE: IDT), today announced that its international money remittance business increased revenue by 56% during the eleven days up to and including Christmas Day 2023 compared to the same period a year earlier.

Key Points: 
  • The elevated revenue increase compared to the transaction volume increase largely reflected modifications to BOSS Money’s seasonal promotion strategies.
  • “Our popular BOSS Money or BOSS Revolution Calling apps and the bossrevolution.com website provide a terrific user experience,” Pereira added.
  • So go ahead and make a smart New Year’s resolution – join the growing family of satisfied Boss Money customers.”
    First-time BOSS Money customers pay no fees on their first money transfer of up to $2,999.
  • Customers can also remit funds through licensed Boss Revolution retailers across the United States.

IDT Corporation to Report First Quarter Fiscal 2024 Results

Retrieved on: 
Friday, November 24, 2023
Cloud communications, Q&A, Fintech, IDT Corporation, IDT

NEWARK, NJ, Nov. 24, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the first quarter of its fiscal year 2024 (the three months ended October 31, 2023) on Monday, December 4, 2023.

Key Points: 
  • NEWARK, NJ, Nov. 24, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the first quarter of its fiscal year 2024 (the three months ended October 31, 2023) on Monday, December 4, 2023.
  • IDT’s earnings release will be issued and posted on the IDT investor relations website ( https://www.idt.net/investors-and-media ) at approximately 4:30 PM Eastern.
  • IDT will host an earnings conference call beginning at 5:30 PM Eastern with management’s discussion of results followed by Q&A with investors.
  • To listen to the call and participate in the Q&A, dial 1-888-506-0062 (toll-free from the US) or 1-973-528-0011 (international) and request the IDT Corporation call (participant access code: 637334).

IDT Corporation to Participate in Southwest IDEAS Investor Conference

Retrieved on: 
Monday, November 13, 2023
NYSE, IDEAS, IDT, Fintech, Statler Hotels, Conference, Central Time, IDT Corporation, Boston

NEWARK, NJ, Nov. 13, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech and communications services, announced today that its Chief Financial Officer, Marcelo Fischer, will participate in the 15th Annual Southwest IDEAS Investor Conference on Wednesday, November 15th at The Statler in Dallas, TX.

Key Points: 
  • NEWARK, NJ, Nov. 13, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech and communications services, announced today that its Chief Financial Officer, Marcelo Fischer, will participate in the 15th Annual Southwest IDEAS Investor Conference on Wednesday, November 15th at The Statler in Dallas, TX.
  • The presentation will be webcast and can be accessed through the conference host’s main website, https://www.threepartadvisors.com/southwest , and through the IDT investor relations website, https://www.idt.net/investors-and-media/ .
  • In addition, Mr. Fischer will host meetings with conference participants throughout the day on Wednesday.
  • To request a meeting or participate in the IDEAS conferences, please contact Lacey Wesley at (817) 769 -2373 or [email protected] .

IDT Corporation to Report Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Wednesday, October 4, 2023
Cloud communications, Fintech, IDT, IDT Corporation, Q&A, NYSE

NEWARK, NJ, Oct. 04, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the fourth quarter and fiscal year 2023 (the three months and twelve months ended July 31, 2023) on Thursday, October 12, 2023.

Key Points: 
  • NEWARK, NJ, Oct. 04, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, has scheduled its report of financial and operational results for the fourth quarter and fiscal year 2023 (the three months and twelve months ended July 31, 2023) on Thursday, October 12, 2023.
  • IDT’s earnings release will be issued and posted on the IDT investor relations website ( https://www.idt.net/investors-and-media ) at approximately 4:30 PM Eastern.
  • IDT will host an earnings conference call beginning at 5:30 PM Eastern with management’s discussion of results followed by Q&A with investors.
  • A replay of the conference call will be available approximately three hours after the call concludes through October 26, 2023.

IDT Corporation Comments on Favorable Decision by the Delaware Court of Chancery in a Class Action Lawsuit Related to Straight Path Communications Sale to Verizon

Retrieved on: 
Tuesday, October 3, 2023
Fintech, IDT Corporation, Harte-Hanks Communications, Inc. v. Connaughton, Class, Cloud communications, Poems from the Straight Path, Verizon Communications, Sale, Judgement, IDT, Supreme court, Law of the United Kingdom, Court, Plaintiff, NYSE, Tobacco

NEWARK, NJ, Oct. 03, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today commented on the decision by the Court of Chancery of the State of Delaware in a class action on behalf of the former stockholders of the Company’s former subsidiary, Straight Path Communications Inc. (“Straight Path”). Straight Path was spun off from IDT in 2013 and, in 2017, was sold to Verizon Communications for $3.1 billion. The Court dismissed the claims against IDT and found that, contrary to the plaintiffs’ allegations, the Class suffered no damages.

Key Points: 
  • Straight Path was spun off from IDT in 2013 and, in 2017, was sold to Verizon Communications for $3.1 billion.
  • The Court dismissed the claims against IDT and found that, contrary to the plaintiffs’ allegations, the Class suffered no damages.
  • “We are very pleased that the Court today dismissed all claims against IDT and found that Plaintiff and the Class ‘suffered no damages,’” said Shmuel Jonas, IDT’s CEO.
  • To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.