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| IDT
Europe is a division of IDT Telecom - a wholly owned subsidiary
of IDT Corporation, a leading carrier's carrier and provider of
retail telecommunications services. IDT's listing on the New York
Stock Exchange (NYSE:IDT, IDT.C) confirms our status as one of the
industry's premier long distance providers, and underlines our financial
strength and staying power.
IDT Europe was formed in 1998 with a presence in
many European countries. Headquartered in London, with operations
in the Netherlands, Belgium, Ireland, Germany, Spain, Portugal,
France, Italy Switzerland and Scandinavia, IDT Europe concentrates
its expertise in four main product categories: retail prepaid calling cards, wholesale carrier services, mobile services and payment products.
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IDT is the industry's largest prepaid phone card company,
with three main centres of operation: the United States, Europe,
and Latin America. Carrier Services provides competitively priced wholesale
carrier services to a variety of customers, including established
European and foreign carriers, new and emerging telephone companies,
and value-added service providers.
We have the fluidity and innovative structure to move quickly and
effectively into new territories, while others in the same marketplace
have been hampered with inherent restrictions and regulations. This
is because we face tomorrow's challenges today: By understanding
the market requirements, and delivering the finest telecommunications
solutions, we actively promote a dynamic, innovative, yet simple,
communications environment.
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