IDT Leases Spectrum

IDT Spectrum, Inc. establishes aggressive online leasing program

February 19, 2008

1 Min Read

NEWARK, N.J. -- IDT Corporation (NYSE: IDT, IDT.C) today announced that IDT Spectrum, Inc.—its division that operates and markets fixed wireless spectrum products and solutions—has established an aggressive online leasing program for mobile and fixed wireless providers that is accessible via its newly launched website, www.idtspectrum.com.

"As the more than $19 billion raised by the FCC at its recent 700 MHz spectrum auction clearly demonstrates, we are increasingly living in a ‘wireless world’ and IDT Spectrum is well-positioned to unlock the potential of wireless broadband through our high frequency Spectrum licenses. We have the ability to provide the bandwidth which is necessary to successfully deploy these technologies,” said Jim Courter, IDT's Vice Chairman and CEO.

IDT Corp. (NYSE: IDT)

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