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IDT Corporation (originally standing for International Discount Telecommunications) is an American telecommunications company headquartered in Newark, New Jersey. ==History== IDT was founded by entrepreneur Howard Jonas in August 1990. He founded the company after opening a sales office in Israel, receiving large international phone bills and then discovering a way to lower them by re-originating calls in the United States. In August 2000, IDT sold a stake in its Net2Phone subsidiary to AT&T for approximately $1.1 billion in cash.〔IDT Annual Report 2007〕 In November 2004, IDT launched its retail energy business, IDT Energy.〔 On January 26, 2006, IDT Telecom, Inc. sold to GVC Networks LLC all its IDT Winstar Solution subsidiaries: Winstar Communications, Winstar Government Solutions, LLC and Winstar Wireless, LLC. On February 17, 2006, IDT announced it would reacquire full ownership of Net2Phone, a company it had launched in the mid 1990s. On May 16, 2006, IDT agreed to sell its IDT Entertainment division to Liberty Media "for all of Liberty Media's interests in IDT, $186 million in cash and the assumption of existing indebtedness."〔(IDT Corporation - Press Releases )〕 On August 31, 2006, the sale of all of IDT Entertainment's US operations and several international operations was completed. "The remainder of the deal, to include the Canadian and Australian operations, is expected to be closed in the next few weeks after regulatory approval has been given."〔(UK Film and Television News - Liberty Completes First Stage of IDT Acquisition )〕 This sale was completed on 29 September 2006.〔(IDT Corporation - Press Releases )〕 In March 2006, IDT sold its Russian telecom business, Corbina Telecom, to a Moscow-based consortium of private equity investors for net $129.9 million in cash.〔 On October 12, 2006, IDT completed the sale of its Toucan consumer phone business in the UK to Pipex for $46.3 million in cash and Pipex stock.〔(IDT Corporation - Press Releases )〕 In 2007, IDT acquired a controlling interest in Zedge.net, a social networking community for mobile users and platform for sharing free mobile content.〔 On September 14, 2009, IDT spun off its CTM Media Holdings to its shareholders. CTM Media Holdings included CTM Media, a distributor of print and online media advertising focused on tourist destinations, and IDW Publishing, a comic book and graphic novel publisher.〔( IDT Corporation - Press Releases )〕 On October 31, 2011, IDT spun off its energy related businesses to its shareholders as Genie Energy (NYSE: GNE).〔(- IDT Corporation press release dated October 31, 2011 )〕 On July 31, 2013, IDT spun off its wireless specturm license and certain IP holdings to its shareholders as Straight Path Communications Inc. (NYSE MKT: STRP).〔(- IDT Corporation press release dated July 15, 2013 )〕 The IDT owned building at 520 Broad Street in downtown Newark was home to the former Mutual Benefit Life Insurance Company from 1957 to 2000. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「IDT Corporation」の詳細全文を読む スポンサード リンク
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