Cloud communications

IDT Corporation to Present at Sidoti Investor Conference

Retrieved on: 
Monday, March 11, 2024

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

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.

CallTower Joins the Prestigious International Trade Council (ITC)

Retrieved on: 
Wednesday, January 10, 2024

SALT LAKE CITY, UT, ROCHESTER, NY, Jan. 10, 2024 (GLOBE NEWSWIRE) -- CallTower , an international leader in delivering cloud-based enterprise-class unified communications, contact center and collaboration solutions, is excited to announce its new membership with the esteemed International Trade Council (ITC).

Key Points: 
  • SALT LAKE CITY, UT, ROCHESTER, NY, Jan. 10, 2024 (GLOBE NEWSWIRE) -- CallTower , an international leader in delivering cloud-based enterprise-class unified communications, contact center and collaboration solutions, is excited to announce its new membership with the esteemed International Trade Council (ITC).
  • The International Trade Council is a prestigious organization that fosters international trade and economic development.
  • "CallTower is thrilled to announce our recent membership with the prestigious International Trade Council (ITC).
  • As an ITC member, CallTower proudly joins the ranks of leading businesses and government officials worldwide who are dedicated to promoting international trade and economic development.

IDT Corporation to Report First Quarter Fiscal 2024 Results

Retrieved on: 
Friday, November 24, 2023

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).

BV Investment Partners Announces Investment in CallTower

Retrieved on: 
Thursday, November 16, 2023

BOSTON, Nov. 16, 2023 /PRNewswire/ -- BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced today an investment in CallTower, an international leader in delivering cloud-based enterprise-class communications, contact center and collaboration solutions.

Key Points: 
  • BOSTON, Nov. 16, 2023 /PRNewswire/ -- BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, announced today an investment in CallTower, an international leader in delivering cloud-based enterprise-class communications, contact center and collaboration solutions.
  • CallTower is based in South Jordan, UT and serves over a million end points covering over 75 countries.
  • Bret England, Chief Executive Officer of CallTower, commented, "The growth of remote and hybrid workforces has driven demand for collaboration platforms and CallTower has been there to help teams stay connected.
  • BV was represented by Ropes & Gray LLP, while CallTower was represented by Cooley LLP, and Q Advisors, a leading global TMT investment bank.

NewEdge Wins Mobility Prize at the ITS / NTIA 2023 5G Challenge

Retrieved on: 
Wednesday, October 18, 2023

AYER, Mass., Oct. 18, 2023 /PRNewswire/ -- (BUSINESS WIRE) – NewEdge Signal Solutions, a global leader of Open RAN compliant 5G Radio Units, working together with Analog Devices (ADI), has been awarded the Mobility Winner Prize in the 2023 5G Challenge.

Key Points: 
  • AYER, Mass., Oct. 18, 2023 /PRNewswire/ -- (BUSINESS WIRE) – NewEdge Signal Solutions, a global leader of Open RAN compliant 5G Radio Units, working together with Analog Devices (ADI), has been awarded the Mobility Winner Prize in the 2023 5G Challenge.
  • The 2023 5G Challenge included 3 rounds of testing, each with an extensive list of protocols and metrics that needed to be met.
  • "This year's 5G Challenge winners, through their groundbreaking interoperability and mobility demonstrations, have provided a glimpse of that future.
  • "We are very excited about NewEdge's success at the NTIA 2023 5G Challenge," said Joe Barry, Vice President, Cloud & Communications at Analog Devices.

The Benchmark Company Expands its Technology M&A Focus with Leadership Hires

Retrieved on: 
Thursday, October 12, 2023

Derek Wittenberg and Dmitry Netis , both Managing Directors, Investment Banking, are establishing and leading the firm’s Technology, Media, and Telecom (TMT) M&A vertical.

Key Points: 
  • Derek Wittenberg and Dmitry Netis , both Managing Directors, Investment Banking, are establishing and leading the firm’s Technology, Media, and Telecom (TMT) M&A vertical.
  • "Technology is reshaping all of our clients' industries and represents a significant opportunity for their differentiation and growth.
  • “We are excited to join the Benchmark banking team to strengthen the firm’s investment banking focus in this important sector.
  • We look forward to Derek and Dmitry’s contributions to our deep bench of banking and advisory professionals,” added Richard Messina.

NUSO Acquires UK Communications Service Provider

Retrieved on: 
Thursday, October 5, 2023

NUSO, a leading provider of proprietary Cloud Communication, Collaboration and CPaaS enablement solutions, announced the acquisition of I-Net Communications Group Limited, a UK based communications service provider.

Key Points: 
  • NUSO, a leading provider of proprietary Cloud Communication, Collaboration and CPaaS enablement solutions, announced the acquisition of I-Net Communications Group Limited, a UK based communications service provider.
  • View the full release here: https://www.businesswire.com/news/home/20231005653388/en/
    NUSO Acquires UK Communications Service Provider.
  • “NUSO has executed a series of successful acquisitions since becoming an independent cloud communications provider in 2018,” says Matt Siemens, CEO, NUSO.
  • NUSO now operates native UK Geo, UK Non-Geo and UK Toll Free number ranges and multiple key interconnects with other UK telephony networks.

IDT Corporation to Report Fourth Quarter and Fiscal 2023 Results

Retrieved on: 
Wednesday, October 4, 2023

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

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.