International Discount Telecommunications - M&A Summary and Business Overview

CommunicationsCompany

International Discount Telecommunications M&A Summary

International Discount Telecommunications has acquired 1 company. It has also divested 2 assets.

It’s largest disclosed sale occurred in 2000, when it sold net2phone to AT&T for $1.1B. International Discount Telecommunications has acquired in 1 US state. The Company’s most targeted sectors include communications (100%).

International Discount Telecommunications Business Overview

Where is International Discount Telecommunications headquartered?

International Discount Telecommunications is headquartered in Newark, New Jersey.

What is International Discount Telecommunications’ revenue?

International Discount Telecommunications disclosed revenue of 1,239M USD for 2023 and 1,364M USD for 2022.

How many employees does International Discount Telecommunications have?

International Discount Telecommunications has 1,880 employees.

What sector is International Discount Telecommunications in?

International Discount Telecommunications is a communications company.

When was International Discount Telecommunications founded?

International Discount Telecommunications was founded in 1990.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity1
    • M&A Sell Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

International Discount Telecommunications

IDT Corp.

520 Broad Street,
Newark, New Jersey 07102
United States,
(973) 438-1000
www.idt.net

International Discount Telecommunications is a telecommunications company, that provides services to personal and business customers. International Discount Telecommunications was founded in 1990 and is based in Newark, New Jersey.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 1 - - - - - 1
Sell (0.0/yr) # 2 - - - - - 2
vol $1.1B $1.1B
  3

Most Recent M&A

Company Date Value Type
IDT Financial Services Holdings Ltd. (IDT Finance) 2017-06-22 - Divestiture
Gibraltar, Spain · www.idtfinance.com
net2phone, Inc. 2006-02-17 - Divestiture
Newark, New Jersey · www.net2phone.com
net2phone, Inc. 2000-08-01 1.1B USD Divestiture
Newark, New Jersey · www.net2phone.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 1 (100%) - 1 (50%) 1.1B (100%)
Financial Services - - 1 (50%) -
Total 1 - 2 $1.1B

By Geo

State/Country Buy Value Sell Value
United States 1 - 1 1.1B
  New Jersey 1 - 1 1.1B
Spain - - 1 -
Domestic 1 (100%) - 1 (50%) 1.1B (100%)
Cross-border - - 1 (50%) -
Total 1 - 2 $1.1B

Deal Values

sell # Total
> $1B 1 $1.1B
TOTAL $1.1B
Largest net2phone, Inc.
$1.1B (2000-08-01)

M&A Connections

Deals
Acquired from
Strategic(s)
100%
1 (100%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

Company Summary

SECTOR

Communications

Revenue

1,239   10% 2023
1,364   6% 2022
1,447   8% 2021
1,346   5% 2020
1,409   9% 2019
1,547   3% 2018
1,502   1% 2017
1,496   7% 2016
1,597   4% 2015
1,652   2% 2014
1,620   2013
(millions of USD) Show More Show Less

Employees

1,880

Established

1990

Public

NYSE: IDT

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