IDT Corporation, founded in August 1990 by Howard Jonas, is a publicly traded American multinational company headquartered in Newark, New Jersey. The company focuses on providing cloud communications, point of sale (POS) systems, unified communications, and select financial services. IDT serves both business and consumer markets, with notable products such as the Boss Revolution pre-paid phone cards. Its mission is to offer innovative and cost-effective communication solutions to enhance connectivity and financial transactions globally.
Notable figures associated with IDT include founder Howard Jonas, who serves as chairman, and Samuel Jonas as CEO. The company is listed on the NYSE under the ticker IDT and is a component of the Russell Microcap Index. Key achievements include generating a revenue of $1.24 billion and maintaining a significant presence in the telecommunications industry. IDT's impact is evident in its ability to provide accessible communication services and financial solutions, contributing to global connectivity and economic activities.
