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IDT Corporation
IDT Corporation (originally standing for International Discount Telecommunications) is a multinational provider of cloud communications, point of sale systems, unified communications, and financial services for businesses and consumers, headquartered in Newark, New Jersey. Overview IDT's first service was ''callback'', which was based on the idea that "it costs two and three times as much to call from overseas as it does the other way." History IDT was founded by entrepreneur Howard Jonas in August 1990. He founded the company after opening a sales office in Israel, receiving large international phone bills and then discovering a way to lower them by re-originating calls in the United States. In 1996, IDT founded Net2Phone, the world's fourth-largest VoIP provider (2017), and sold 32% of Net2Phone in August 2000 to AT&T for $1.1 billion in cash. Acquisitions and spinoffs * November 2004: launched IDT Energy, a retail energy business. It and other energy-related businesses w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Net2Phone
Net2phone provides VoIP and cloud computing-based telephony products and services. The company is a subsidiary of IDT Corporation. History Net2Phone was founded in 1990. On July 30, 1999, during the dot-com bubble, the company became a public company via an initial public offering, raising $81 million. Shares rose 77% on the first day of trading to $26 per share. After completion of the IPO, IDT owned 57% of the company. Within a few weeks, the shares increased another 100% in value, to $53 per share. In March 2000, in a transaction facilitated by IDT CEO Howard Jonas, a consortium of telecommunications companies led by AT&T announced a $1.4 billion investment for a 32% stake in the company, buying shares for $75 each. The transaction was completed in August 2000. AOL had expressed an interest in buying all or part of the company but was not agreeable to the price. In 2000, the company acquired Aplio, an internet appliance maker located in San Bruno, California. In August 2000, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small And Medium-sized Enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by international organizations such as the World Bank, the European Union, the United Nations, and the World Trade Organization (WTO). In any given national economy, SMEs sometimes outnumber large companies by a wide margin and also employ many more people. For example, Australian SMEs makeup 98% of all Australian businesses, produce one-third of the total GDP (gross domestic product) and employ 4.7 million people. In Chile, in the commercial year 2014, 98.5% of the firms were classified as SMEs. In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. The United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. Developing countries tend to have a lar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ETECSA
Empresa de Telecomunicaciones de Cuba S.A. ( en, Telecommunications Company of Cuba; ETECSA), is the Cuban state company that provides telephony and communications services in Cuba. It is the sole lawful provider of telephony and telecommunications permitted by the Cuban penal code, constituting a communications state monopoly In economics, a government monopoly or public monopoly is a form of coercive monopoly in which a government agency or government corporation is the sole provider of a particular good or service and competition is prohibited by law. It is a monopo ... that has 8 million clients, both national and foreign. History Before the emergence of ETECSA, there were 14 comprehensive communications companies on the island that covered the specialties of telephony, radio, mail and press, as well as other specialized national entities. In this category were the companies of Projects, Construction and Assembly, Coaxial Cable, EMTELCUBA and Long Distance. In 1993, its ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Wire
Business Wire is an American company that disseminates full-text press releases from thousands of companies and organizations worldwide to news media, financial markets, disclosure systems, investors, information web sites, databases, bloggers, social networks and other audiences. It is a subsidiary of Berkshire Hathaway. History Business Wire was founded in 1961 by Lorry I. Lokey. It started by sending releases to 16 media outlets in California. Business Wire launched its website in May 1995. In 2000, ahead of its main competitor PR Newswire, Business Wire ended the practice of distributing news to financial outlets 15 minutes before anyone else, to provide immediate, equal access to company information as noted by the SEC's fair disclosure regulation (Reg FD). Business Wire's first wholly owned European operation launched in 2001, with the opening of an office in London. On June 1, 2005, Business Wire entered the German Ad-Hoc market with a disclosure network for companies with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ericsson
(lit. "Telephone Stock Company of LM Ericsson"), commonly known as Ericsson, is a Swedish multinational networking and telecommunications company headquartered in Stockholm. The company sells infrastructure, software, and services in information and communications technology for telecommunications service providers and enterprises, including, among others, 3G, 4G, and 5G equipment, and Internet Protocol (IP) and optical transport systems. The company employs around 100,000 people and operates in more than 180 countries. Ericsson has over 57,000 granted patents. Ericsson has been a major contributor to the development of the telecommunications industry and is one of the leaders in 5G. The company was founded in 1876 by Lars Magnus Ericsson and is jointly controlled by the Wallenberg family through its holding company Investor AB, and the universal bank Handelsbanken through its investment company Industrivärden. The Wallenbergs and the Handelsbanken sphere acquired their v ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
T-Mobile (USA)
T-Mobile US, Inc. is an American wireless network operator headquartered in Overland Park, Kansas and Bellevue, Washington, U.S. Its largest shareholder is a multinational telecommunications company Deutsche Telekom AG, which , holds 48.4 percent of the common stock. T-Mobile US is the second-largest wireless carrier in the United States, with more than 110 million subscribers . The company was founded in 1994 as VoiceStream Wireless before Deutsche Telekom purchased it in 2001 and renamed it after its T-Mobile brand. T-Mobile US provides wireless voice and data services in the United States under the T-Mobile and Metro by T-Mobile brands (the latter was acquired via the purchase of MetroPCS in a reverse takeover in 2013, resulting in T-Mobile going public on the NASDAQ stock exchange), and also serves as the host network for many mobile virtual network operators. The company has annual revenues of over $40 billion. In 2015, '' Consumer Reports'' named T-Mobile the number on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MVNO
A mobile virtual network operator (MVNO) is a wireless communications services provider that does not own the wireless network infrastructure over which it provides services to its customers. An MVNO enters into a business agreement with a mobile network operator to obtain bulk access to network services at wholesale rates, then sets retail prices independently. An MVNO may use its own customer service, billing support systems, marketing, and sales personnel, or it could employ the services of a mobile virtual network enabler (MVNE). History MVNO agreements with network operators date back to the 1990s, when the European telecom market saw market liberalization, new regulatory frameworks, better 2G network technology, and a subsequent jump in wireless subscriber numbers. Though the new 2G networks more efficiently managed the limited frequency bands allocated to wireless service, new mobile entrants were still limited by their ability to access frequency bands in a restricted sp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IDW Publishing
IDW Publishing is an American publisher of comic books, graphic novels, art books, and comic strip collections. It was founded in 1999 as the publishing division of Idea and Design Works, LLC (IDW), itself formed in 1999, and is regularly recognized as the fifth-largest comic book publisher in the United States, behind Marvel, DC, Dark Horse and Image Comics, ahead of other major comic book publishers such as Archie, Boom!, Dynamite, Valiant and Oni Press. The company is perhaps best known for its licensed comic book adaptations of movies, television shows, video games, and cartoons. History Origin in 1999 Idea and Design Works (IDW) was formed in 1999 by a group of comic book managers and artists that met at Wildstorm Productions included Ted Adams, Robbie Robbins, Alex Garner, and Kris Oprisko for an outsource art and graphic design firm. Each of the four was equal partners, owning 25%. With Wildstorm owner Jim Lee selling to DC Comics in 1999, Lee turned that company's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberty Media
Liberty Media Corporation (commonly referred to as Liberty Media or just Liberty) is an American mass media company controlled by chairman John C. Malone. The company has three divisions, reflecting the company's ownership stakes in Formula One, SiriusXM, and the Atlanta Braves Major League Baseball team. History The 1990s Liberty Media began in 1991 as a spin-off of TCI, an American cable-television group. Peter Barton, hired by TCI's Malone, served as president until retiring in April 1997. The company took over TCI assets considered to have little value, but Barton completed "a deal every ten days for six years" and made the company a big success. Liberty was merged back into TCI in the mid-1990s. On March 13, 1998, Liberty Media Group and TCI Group announced the merger of Encore and STARZ! into a single company—Encore Media Group, owned by Liberty. Encore was taking advantage of the growth of digital cable, while TCI, which had previously owned twenty percent of E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IDT Entertainment
Starz Distribution (formerly IDT Entertainment and Starz Media) is the motion picture, animation, television, and home video operating unit of Starz Inc., a subsidiary of Lionsgate. Starz Distribution develops, produces, and acquires original programming content (through Starz Originals), feature films, and other filmed entertainment. Distribution methods include DVD, digital formats and traditional television. History In 2003, IDT Corporation, a telecommunications company based in New Jersey, formed a film, home entertainment and television division known as IDT Entertainment following its acquisition of the animation studio Film Roman. Later on in the year, it acquired Anchor Bay Entertainment, owned DPS, and stakes in Mainframe Entertainment and Vanguard Animation, and also acquired DKP Studios and turned it into their own animation studio. In May 2004, IDT Entertainment purchased a minority share in POW! Entertainment with exclusive distribution rights to POW's animated ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Winstar Communications
Winstar Communications (at some point WinStar Communications) was an American telecommunications company that provided broadband services to business customers. Winstar owned and operated a broadband network in 60 major markets in the United States, including each of the top 30 U.S. markets and ten markets internationally in Europe, Asia, and Latin America. Winstar was a notable example of the internet and telecom bubbles of the late 1990s. At its peak in 2000, less than a year before its collapse, the company had a market capitalization in excess of $4.4 billion and revenues of $445.6 million for the year ended December 31, 1999. Winstar also bought Fox Lorber Home Video from New Video in the mid-1990s. In 2001, Genius Products bought out Fox Lorber after Winstar was shuttered. History The company was founded in 1993 as a reseller of long-distance service. After winning auctions for radio spectrum, the firm became a Competitive Local Exchange Carrier and began selling wirele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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