IDT - M&A Summary and Business Overview

CommunicationsCompany

IDT M&A Summary

IDT 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. IDT has acquired in 1 US state. The Company’s most targeted sectors include communications (100%).

IDT Business Overview

Where is IDT headquartered?

IDT is headquartered in Newark, New Jersey.

What is IDT’s revenue?

IDT disclosed revenue of 1,364M USD for 2022 and 1,447M USD for 2021.

How many employees does IDT have?

IDT has 1,680 employees.

What sector is IDT in?

IDT is a communications company.

When was IDT founded?

IDT 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

IDT

IDT Corp. (International Discount Telecommunications)

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

IDT is a telecommunications company, that provides services to personal and business customers. IDT 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

1,364   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

1,680

Established

1990

Public

NYSE: IDT

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