Net2Phone

net2phone Unveils Global Connect

Retrieved on: 
Thursday, February 8, 2024

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.

net2phone Unveils AI-Powered Solutions for Smarter Business Communications and Deeper Customer Engagement

Retrieved on: 
Thursday, October 26, 2023

Newark, NJ, Oct. 26, 2023 (GLOBE NEWSWIRE) -- net2phone , a leading provider of intelligent communications-as-a-service for businesses and contact centers, today unveiled its innovative suite of AI-powered solutions, net2phone AI.

Key Points: 
  • Newark, NJ, Oct. 26, 2023 (GLOBE NEWSWIRE) -- net2phone , a leading provider of intelligent communications-as-a-service for businesses and contact centers, today unveiled its innovative suite of AI-powered solutions, net2phone AI.
  • net2phone AI is designed to transform the way businesses communicate with AI-powered insights, coaching, and automated workflows.
  • “We are harnessing the power of generative AI to help businesses and contact centers drive immediate, quantifiable, and qualitative improvements in customer engagement and agent productivity,” said Dan Leubitz, net2phone’s VP of Product.
  • When integrated within net2phone’s UNITE UCaaS and uContact CCaaS platforms, net2phone AI empowers businesses and call centers to optimize customer interactions, improve customer satisfaction, and significantly enhance productivity.

IDT Corporation Reports Third Quarter Fiscal Year 2023 Results

Retrieved on: 
Monday, June 5, 2023

NEWARK, NJ, June 05, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today reported results for the third quarter of its fiscal year 2023, the three months ended April 30, 2023.

Key Points: 
  • NEWARK, NJ, June 05, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today reported results for the third quarter of its fiscal year 2023, the three months ended April 30, 2023.
  • net2phone added approximately 13,000 net seats during the quarter to end 3Q23 with approximately 340,000 seats served.
  • During 3Q23, IDT repurchased 76,694 shares of its Class B common stock in the open market for approximately $2.5 million.
  • During the first nine months of FY 2023, IDT repurchased 280,130 shares in the open market for approximately $7.5 million.

net2phone Named a Most Promising Contact Center and Unified Communications Provider for 2023

Retrieved on: 
Thursday, May 18, 2023

Newark, NJ, May 18, 2023 (GLOBE NEWSWIRE) -- net2phone, a leading communications-as-a-service provider, today announced that both its contact center and unified communications services have been recognized as among the most promising solutions in their respective market verticals by CIOReview, a leading publication for business technology leaders. Both net2phone units have been included in editorial features in CIOReview’s Contact Center and Unified Communications editions.

Key Points: 
  • Newark, NJ, May 18, 2023 (GLOBE NEWSWIRE) -- net2phone , a leading communications-as-a-service provider, today announced that both its contact center and unified communications services have been recognized as among the most promising solutions in their respective market verticals by CIOReview , a leading publication for business technology leaders.
  • Both net2phone units have been included in editorial features in CIOReview’s Contact Center and Unified Communications editions.
  • “We are glad to announce that net2phone has been featured in our Contact Center and Unified Communications editions,” said Justin Smith, Managing Editor of CIOReview.
  • By adopting net2phone's unified communications or contact center platforms, clients gain a competitive edge by modernizing their business communications, improving employee and agent productivity, and enhancing the overall customer experience.

net2phone Partners with Bridgepointe Technologies

Retrieved on: 
Tuesday, April 4, 2023

Newark, NJ, April 04, 2023 (GLOBE NEWSWIRE) -- net2phone, a leading cloud communications provider, today announced a strategic partnership with Bridgepointe, a leading tech advisory firm.

Key Points: 
  • Newark, NJ, April 04, 2023 (GLOBE NEWSWIRE) -- net2phone , a leading cloud communications provider, today announced a strategic partnership with Bridgepointe, a leading tech advisory firm.
  • Through the partnership, Bridgepointe will now offer its mid-market and enterprise clients net2phone’s cloud communications solutions to enhance user experience across channels.
  • “Bridgepointe is a sophisticated technology provider leading its industry’s shift to focus on enhancing the cross-channel user experience,” said Jonah Fink, President of net2phone.
  • “Their UX leadership aligns with net2phone’s strategic focus on leveraging the power of the cloud for seamless conversations across voice, text, chat, and email – and increasingly, on thoughtfully incorporating AI to optimize outcomes.”
    “We are pleased to add net2phone to our lineup of suppliers,” shared Gary Jacobs, Vice President, Operations and Sales Programs, Bridgepointe Technologies.

IDT Corporation Reports Second Quarter Fiscal Year 2023 Results

Retrieved on: 
Wednesday, March 8, 2023

NEWARK, NJ, March 08, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today reported results for the second quarter of its fiscal year 2023, the three months ended January 31, 2023.

Key Points: 
  • NEWARK, NJ, March 08, 2023 (GLOBE NEWSWIRE) -- IDT Corporation (NYSE: IDT), a global provider of fintech, cloud communications, and traditional communications services, today reported results for the second quarter of its fiscal year 2023, the three months ended January 31, 2023.
  • Transaction volume increased by 39% to 3.06 million;
    net2phone subscription revenue* increased 30% to $16.3 million and net2phone achieved positive Adjusted EBITDA for the second consecutive quarter.
  • “NRS, BOSS Money and net2phone, our three primary high-growth businesses, again performed very well this quarter.
  • “Each of these businesses grew robustly in the second quarter.

BillingPlatform Bolsters Customer Relationships with Q4 Product Enhancements

Retrieved on: 
Wednesday, December 21, 2022

DENVER, Dec. 21, 2022 /PRNewswire/ -- BillingPlatform, the revenue management solution for today's innovative business models, announced its Q4 platform updates and product innovations with improvements to its CPQ solution to provide streamlined quoting features, new billing and payment capabilities that allow for additional revenue generation and enhancements to key connectors such as Avalara and GoCardless.

Key Points: 
  • With continued investment in product capabilities, BillingPlatform is pleased to announce the following innovations to support evolving customer relationships:
    Configure & Sell: The CPQ solution now provides a simplified and streamlined PDF quote generation feature for customers not requiring complex cost calculations.
  • And for users of the Avalara tax engine, credits issued in BillingPlatform are now passed to Avalara to record the tax portion of the credit, preventing over-payment of taxes.
  • These Q4 innovations come on the heels of BillingPlatform recently announcing a contract extension with net2phone to support its international expansion and new customer wins with Tipalti and Emburse .
  • "Our customers are at the heart of everything we do, which is why these Q4 product innovations were made with their specific business requirements in mind," said Dennis Wall, BillingPlatform's CEO.

BillingPlatform Wins Silver in 12th Annual Best in Biz Awards for 3rd Consecutive Year

Retrieved on: 
Wednesday, December 7, 2022

DENVER, Dec. 7, 2022 /PRNewswire/ -- BillingPlatform, the enterprise monetization platform for today's innovative business models, today announced it has been named a silver winner in the Enterprise Product of the Year – Financial Software category in Best in Biz Awards 2022, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America. This is BillingPlatform's third consecutive Best in Biz Awards win.

Key Points: 
  • This is BillingPlatform's third consecutive Best in Biz Awards win.
  • As a result, BillingPlatform has seen a 4x increase in prospects looking to include Revenue Recognition with their billing needs.
  • "It's an honor to be recognized for a third consecutive year by Best in Biz Awards for our on-going commitment to innovative solutions that deliver great value for our customers," said Dennis Wall, BillingPlatform CEO.
  • For a full list of gold, silver and bronze winners in Best in Biz Awards 2022, visit: http://www.bestinbizawards.com/2022-winners .

net2phone Extends Contract with BillingPlatform

Retrieved on: 
Wednesday, November 9, 2022

DENVER, Nov. 9, 2022 /PRNewswire/ -- BillingPlatform, the enterprise monetization platform for today's innovative business models, today announced that net2phone, a leading cloud communications provider, has extended its contract with BillingPlatform for another three years. net2phone has experienced tremendous growth in the U.S. and plans to use BillingPlatform's Billing and Portal solutions for its continued expansion in Latin American markets.

Key Points: 
  • DENVER, Nov. 9, 2022 /PRNewswire/ -- BillingPlatform , the enterprise monetization platform for today's innovative business models, today announced that net2phone , a leading cloud communications provider, has extended its contract with BillingPlatform for another three years.
  • As a leading unified communications (UC) provider, net2phone connects businesses with cloud-based voice, video, chat, text and integrations that scale as businesses grow.
  • net2phone has been utilizing BillingPlatform for the past three years.
  • "This contract extension really speaks to the strong partnership we've built with net2phone over the last three years, and we're honored to support them as they expand internationally."

net2phone Named a UCaaS Growth and Innovation Leader by Frost & Sullivan

Retrieved on: 
Wednesday, August 31, 2022

Newark, NJ, Aug. 31, 2022 (GLOBE NEWSWIRE) -- net2phone, a leading cloud communications provider, today announced that it has been identified as a growth and innovation leader by Frost & Sullivan, the business technology consulting firm, and achieved the top quadrant of the Frost RadarTM: Unified Communications as a Service Market in Latin America and the Caribbean, 2022 report.

Key Points: 
  • The Frost Radar is a proprietary analytical tool to evaluate companies across two key indices: their focus on continuous innovation and their ability to translate their innovations into consistent growth.
  • The Frost Radar recognizes industry leaders and provides insights into their innovative offerings, competitive advantages, projected growth rates, and business outlook.
  • The Frost Radar report noted, Frost & Sullivan regards net2phone as one of the fastest-growing UCaaS providers in the region, holding a top position in terms of market share.
  • In this case, Im particularly pleased that our focus and capabilities align with the strategic growth opportunities Frost & Sullivan identifies in the cloud communications market.