The Leading Provider of Carrier Services Gets a New Name and Look
Newark, NJ and London, UK. Nov. 5, 2021 — IDT Corporation (NYSE: IDT) a global provider of fintech, cloud communications and traditional communications services, today announced that it has rebranded its IDT Carrier Services business as IDT Global.
The new brand reflects the expanding reach of its wholesale voice network, which now spans more than 325 direct carrier relationships and 1,900 customers around the world. IDT Global leveraged its network to carry 15.1 billion minutes of international long-distance traffic for its customers during its 2021 fiscal year. Expanding beyond minutes, IDT Global recently entered, and has generated strong growth in, the wholesale short messaging service (SMS) space.
“We are excited about our new IDT Global rebrand. Our business continues to evolve as we leverage our strength in the international voice market to expand into adjacent markets including our platform to provision SMS. Our new brand captures the expansive reach and increasing diversification of our markets and operations,” said Nick Ford, President of IDT Global.
The rebranding will include a new IDT Global logo, website (www.idtglobal.com), social media profiles and other promotional materials. The new branding was formally introduced at the recent capacity Europe show and is currently being updated across all platforms and touch points.
All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.
CONTACT:
Bill Ulrey
IDT Corporation Investor Relations
william.ulrey@idt.net
973-438-3838
