| Business Summary | | IDT
Corporation
is
a
leading
facilities-based
multinational
carrier
that
provides
a
broad
range
of
telecommunications
services
to
wholesale
and
retail
customers
worldwide.
In
addition,
the
Company's
IDT
Ventures
division
is
developing
several
telecom
and
Internet-related
businesses.
Also,
through
its
wholly-owned
IDT
Investments
subsidiary,
the
Company
has
equity
interests
in
other
technology
companies,
including
its
former
subsidiary,
Net2Phone,
Inc.,
which
offers
a
variety
of
Internet
telephony
products
and
services.
As
of
October
1,
2000,
IDT
had
approximately
165
wholesale
customers
located
in
the
U.S.
and
Europe.
In
addition,
IDT
offers
retail
long
distance
services
to
over
150,000
individual
and
business
customers
in
the
U.S.
and
worldwide.
In
October
2000,
the
Company
announced
plans
to
reorganize
the
Company
into
a
holding
company,
consisting
primarily
of
two
main
subsidiaries:
IDT
Telecom
and
IDT
Ventures
and
Investments. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | IDT
Corporation
is
a
telecommunications
company
which
offers
a
broad
range
of
integrated
long-distance
telephone
and
Internet
access
services.
For
the
nine
months
ended
4/30/01,
revenues
increased
9%
to
$899.9
million.
Net
income
before
extraordinary
item
totaled
$704.2
million,
up
from
$263
million.
Revenues
reflect
increased
prepaid
calling
card
revenues
and
domestic
long
distance
revenues.
Earnings
also
reflect
a
$1
billion
gain
on
the
sale
of
Net2Phone
stock. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Howard Jonas, 44 Chairman,
CEO, Treasurer | $202K | -- | James Courter, 59 Pres
and Vice Chairman | 200K | -- | Stephen Brown, 44 CFO,
Director | 252K | -- | Hal Brecher, 42 COO | 205K | $2.9M | Geoffrey Rochwarger, 30 Exec.
VP of Telecommunications, Director | 202K | 173K | Dollar
amounts are as of 31-July-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|