IDT (NYSE:IDT), founded in 1990 and headquartered in Newark, New Jersey, is a diversified global provider of telecommunications and payment services. The company operates through its primary communications arm, IDT Telecom, and a digital solutions segment that encompasses cross-border money transfers and related fintech offerings. Since its inception, IDT has built an international network infrastructure to support voice and data transmission across more than 200 countries and territories.
Through IDT Telecom, the company offers a suite of voice communication products, including prepaid phone cards, VoIP services, SIP trunking and operator-assisted calling. These services are distributed under well-known brands and sold via retail outlets, e-commerce platforms and direct carrier relationships. IDT’s voice network leverages a combination of proprietary switching facilities and strategic partnerships with global carriers to deliver competitive rates and high quality for both residential and enterprise customers.
In its digital segment, IDT delivers remittance and mobile top-up services to underserved markets through its BOSS Revolution platform. This service enables consumers to send international money transfers, mobile airtime credits and gift vouchers via mobile apps, online portals and retail kiosks. The company’s focus on low-cost, rapid delivery and broad payout networks has positioned BOSS Revolution as a leading digital remittance brand in key corridors spanning North America, Latin America, Europe and Asia.
Howard Jonas, who co-founded the company, serves as Chairman and Chief Executive Officer. Under his leadership, IDT has diversified its offerings and pursued strategic investments to strengthen its communications backbone and expand its digital payments capabilities. With a presence across multiple continents and a reputation for reliable, cost-effective services, IDT continues to evolve its portfolio to meet changing demands in global telecom and fintech markets.
