IDT Corporation (IDT) is a multinational holding company with operations primarily in the telecommunications and payments industries. The Company has three reportable business segments, such as Telecom Platform Services, Consumer Phone Services, and Zedge Holdings, Inc. (Zedge). Telecom Platform Services provides retail telecommunications and payment offerings as well as wholesale international long distance traffic termination. Consumer Phone Services provides consumer local and long distance services in certain United States. Telecom Platform Services and Consumer Phone Services comprise the Company�s IDT Telecom division. Zedge owns and operates an online platform for mobile phone consumers interested in obtaining free games, apps and mobile phone customization including ringtones, wallpapers and notification sounds. All other businesses of the Company include real estate holdings and other, smaller businesses.