Cost Effective Service Targets Both Large & Small Businesses
HONG KONG, March 25 /Xinhua-PRNewswire/ -- IDT Asia, the regional operation of IDT Telecom, today announced the launch of IDT Connect Asia, an easy to use, feature-rich global teleconferencing service for businesses of all sizes in Hong Kong. This premium quality, highly affordable, teleconferencing service is specially tailored for the Asian market. IDT Telecom is a subsidiary of IDT Corporation (NYSE: IDT; IDT.C), a multinational holding company with operations that span various industries.
A large number of Hong Kong's companies need to communicate and collaborate with people in other places, whether it's suppliers, customers or their own remotely located staff. Many larger companies use conferencing on a regular basis to bring these people together on one call, but for others, and particularly for smaller companies, conferencing is often thought of as being too expensive and too complex.
The new IDT Connect Asia service leverages IDT's strength in technology and global calling to bring high quality conferencing within the range of every company. It allows companies quickly and effortlessly to establish teleconferences on their own, immediately and on demand. IDT Connect Asia also utilizes the same convenient online account management framework that many companies have come to appreciate and rely on since IDT launched its IDT1529 International Calling Service in 2006. All conference calls are consolidated into the company's IDT1529 monthly statement for easy cost-management, and individual conference calls can be assigned with accounting codes when they are established so that the cost can be allocated to individual projects. Plus, with its global reach, IDT currently provides dialling access points into the service from 36 countries around the world, with more countries rapidly signing on, allowing efficient and effective global conferences. New customers of IDT can choose this service as an option when becoming a subscriber or use the service on a standalone basis and existing customers can easily add IDT Connect Asia to their service simply by calling their IDT account manager.
"Our goal in introducing IDT Connect Asia is to show that high-quality conferencing can be easy to use and a cost-effective tool not just for large multi-nationals but also affordable and effective for small and medium-sized businesses in the region," said Chip Barton, Managing Director of IDT Asia. "Previously this type of service was too expensive and complex for smaller companies, despite the fact that many of them would benefit from being able to bring groups of people together in one discussion. We are very excited to launch IDT Connect Asia because it helps two groups of customers: large multi-nationals who are already familiar with teleconferencing who want a feature-rich service yet still save money over alternative offers and smaller companies who can now finally afford to experience the benefits of teleconferencing with an easy to use service."
One of the first local companies to test and sign up for IDT Connect Asia is the Hong Kong office of Advantage Partners, a private equity firm founded in 1992. The firm provides services to private equity funds that focus on investing in acquisitions, buy-outs, buy-ins and other private equity opportunities in Japan. "In our business, effective communications and quick decision-making is key. We regularly need to communicate with multiple internal and external parties in different countries around the world, sometimes at a moment's notice. With the new IDT Connect Asia we don't have to worry about scheduling in advance. We can bring up a call whenever we need it, and people can dial in through access points from all over the world, and we know that the cost isn't going to break the bank," said Emmett Thomas, Partner at Advantage Partners in Hong Kong.
About IDT Asia
IDT Asia is the regional division of IDT Telecom and was formed in 2003. The regional headquarters is in Hong Kong, with branch offices throughout the Asia Pacific region. IDT Asia concentrates its expertise in two main product areas: retail telecommunications services and wholesale carrier services.
About IDT Corporation
IDT Corporation is an innovative and opportunity seeking multinational holding company with operations that span various industries. Through its Telecom subsidiary, IDT provides telecommunications services worldwide to the retail and wholesale markets. IDT Energy operates an Energy Services Company (ESCO) in New York State. IDT subsidiary American Shale Oil Corporation (AMSO) manages IDT's oil shale ventures. IDT's Capital division incubates newer businesses, and the Company's Spectrum subsidiary holds its spectrum license assets. IDT Telecom provides retail and wholesale telecommunications services and products, including pre-paid and rechargeable calling cards, consumer local, long distance, and wireless phone services, and wholesale carrier services. Under the Net2Phone brand name, the Company also provides a range of voice over Internet protocol (VoIP) communications services. IDT Capital's operations include receivables portfolio management and collection, ethnic food distribution, brochure distribution, Internet Mobile Group, Net2Phone Ventures and other initiatives. IDT Corporation's Class B Common Stock and Common Stock trade on the New York Stock Exchange under the ticker symbols IDT and IDT.C, respectively.
For further information for the media, please contact:
Paul Christensen
Tel: +852-2626-7909
Email: pchristensen@idtasia.net
For sales enquiries, please contact:
IDT Business Sales
Tel: +852-2626-7978
Email: business_sales@idt1529.net
