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IDT Long Distance

IDT
• Long-distance
• Calling cards
---
• Card charges investigated

IDT is one of those companies that's so big no one has ever heard of it. The Newark-based venture has basically been a bottom-fisher the last decade or so, buying up failing telecommunications firms, of which there's been no shortage.

By most reckonings, it's one of the top five long-distance companies and, with $1 billion in annual sales, it's the largest provider of prepaid calling cards. With this kind of growth comes trouble, including accusations that the company has not adequately disclosed its calling card fees.

August 30 2008

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