IDT Corporation (IDT) is a multi-national holding company with subsidiaries spanning several industries. The Company’s principal businesses consist of IDT Telecom, which provides telecommunications services to consumers and businesses, including prepaid and rechargeable calling cards, a range of voice-over Internet protocol (VoIP) communications services, wholesale carrier services and local, long distance and wireless phone services; IDT Energy, which operates its Energy Services Company (ESCO) in New York State, and Alternative Energy, which consists of American Shale Oil Corporation, (AMSO), which manages its 50% interest in American Shale Oil, LLC (AMSO, LLC), The Company conducts its business through, three segments: Telecom Platform Services, Consumer Phone Services and IDT Energy. On June 24, 2009, the Company acquired the 49% interest in Union Telecard Alliance, LLC (UTA). On September 14, 2009, the Company completed the spin-off of its CTM Media Holdings, Inc.