IDT Corporation IDT
Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
IDT Corporation is a U.S.-based telecommunications and fintech holding company that operates across communications, payment services, and infrastructure-related technology businesses. The company primarily serves consumer and enterprise markets through voice communications, international remittance, cloud communications, and network infrastructure solutions. IDT operates in industries including telecommunications, financial technology, unified communications, and payment processing, with revenue generated from prepaid and postpaid calling services, international money transfer services, business communications platforms, and technology-enabled infrastructure operations.
The company’s principal business lines include National Retail Solutions (NRS), net2phone, BOSS Money, and traditional communications services. net2phone provides unified cloud communications and Voice over IP (VoIP) solutions for businesses, while BOSS Money focuses on international remittance and digital payments. NRS provides point-of-sale technology, merchant services, and data solutions to independent retailers. IDT was founded in 1990 by entrepreneur Howard S. Jonas and initially focused on long-distance telecommunications services. Over time, the company expanded into fintech, cloud communications, and retail commerce technology through internal development, acquisitions, and strategic spin-offs.
Business Operations
IDT organizes its operations through several major business segments, including Fintech, net2phone, and legacy communications operations. The Fintech segment includes BOSS Money and National Retail Solutions, generating revenue from remittance transactions, payment processing, advertising, merchant fees, and retail technology subscriptions. The net2phone business generates recurring subscription revenue from cloud-based communications services, including hosted PBX, SIP trunking, contact center applications, and collaboration tools for small and medium-sized enterprises. Legacy communications operations continue to provide international long-distance and prepaid calling services under the BOSS Revolution brand.
The company operates both domestically and internationally, with infrastructure and service delivery capabilities spanning North America, Latin America, Europe, Asia, and Africa. IDT controls telecommunications routing platforms, cloud communications infrastructure, payment processing systems, and retail commerce software networks. The company has developed partnerships with telecommunications carriers, payment processors, retail distributors, and international banking institutions to support its remittance and communications businesses. Public filings also indicate ongoing investments in platform scalability, software development, and customer acquisition capabilities across multiple business units.
Strategic Position & Investments
IDT’s strategic direction has increasingly emphasized higher-margin recurring revenue businesses, particularly cloud communications and fintech services. The company has invested significantly in expanding net2phone internationally and scaling NRS through hardware deployment, merchant onboarding, and data monetization initiatives. Management has identified software-enabled services and transaction-based financial products as central long-term growth drivers. IDT has also focused on increasing digital engagement within BOSS Money, including mobile app expansion and international payout partnerships.
The company has historically pursued a portfolio-building strategy that includes incubation, spin-offs, and selective acquisitions. Prior affiliated or spun-out entities connected to IDT’s broader corporate history include Genie Energy Ltd., Straight Path Communications, and Zedge, Inc. IDT continues to invest in communications infrastructure, fintech capabilities, and AI-enhanced retail analytics through NRS. Public disclosures and investor materials indicate ongoing emphasis on international expansion, software integration, and operational leverage within subscription-based business lines.
Geographic Footprint
IDT is headquartered in Newark, New Jersey, and maintains operational and commercial activities across multiple international regions. Its communications and fintech services are offered in the United States, Latin America, Europe, Africa, and parts of Asia. net2phone maintains an international presence through regional offices and channel partnerships, particularly in South America and North America, while BOSS Money supports remittance corridors serving customers in numerous developing markets.
The company’s global reach is supported by carrier interconnection agreements, cloud communications infrastructure, retail distribution networks, and international financial partnerships. Through National Retail Solutions, IDT has established a broad network of independent retailers primarily in the U.S., while its communications operations maintain relationships with overseas telecom providers and payment intermediaries. Public company disclosures indicate that international revenue remains an important contributor to consolidated operations, particularly within remittance and voice services.
Leadership & Governance
IDT remains closely associated with founder Howard S. Jonas, who has played a central role in shaping the company’s entrepreneurial and decentralized operating philosophy. Leadership has historically emphasized business incubation, disciplined capital allocation, and long-term development of scalable technology platforms. The company’s governance structure reflects continued involvement from senior executives with telecommunications, fintech, and infrastructure experience.
Key executives include:
- Shmuel Jonas – Chief Executive Officer
- Howard S. Jonas – Founder and Chairman of the Board
- Merrill M. Kurtz – Chief Executive Officer, IDT Telecom
- Amiee Katz – Chief Executive Officer, net2phone
- Perry S. Weitz – Chief Financial Officer
Information in this overview is based on publicly available disclosures including SEC filings, investor presentations, earnings materials, and reporting from major financial and market information providers. Certain operational metrics and strategic details may vary slightly across reporting periods due to segment realignments and evolving disclosure practices.