Net2Phone News

Wednesday, July 30th

• Telephony Drives Business

  Interested parties have long waxed poetic about the business services market. But there was nothing fanciful about this week's prediction from Cox Communications CEO Pat Esser that commercial services will deliver $1 billion in revenue for Cox in 2010....

Monday, August 13th

• VoIP Customers Get 3 Month Free Service Offer from Net2Phone

  With companies closing shop at every given opportunity and customers left stranded in the middle of nowhere, there have been lots of doubts expressed over the long term commitments of the VoIP companies. The most recent company to close down was SunRocket, which left lot of customers confused and struggling to adjust with the new companies which ‘adapted’ them. So it’s not enough for the companies if they just provide good service to the customers; they need to instill the confidence, they need to make the customers trust them....

Monday, March 13th

• IDT completes Net2Phone acquisition

  Communications company IDT Corp. completed its acquisition of the Internet telephone provider Net2Phone Inc., now a wholly owned subsidiary. ...

Tuesday, March 7th

• Net2Phone Q2 Loss Narrows - Quick Facts

  Net2Phone Inc. reported net loss for the second quarter of $4.1 million, or $0.05 per share, compared to a net loss of $10.6 million, or $0.14 per share, in the prior year quarter. ...

Saturday, February 18th

• Takeover target agreeable to deal

  The Newark-based telecommunications company said Friday that Net2Phone's board agreed to a $2.05 share price, ending negotiations that IDT began in July when it tried to buy the shares of Net2Phone it didn't already own....

Tuesday, January 24th

• Net2Phone Awarded U.S. Patent for Network Management System; Increases Portfolio to 31 U.S. Patents

  Net2Phone a pioneer and innovator in the field of Voice over Internet Protocol (VoIP), announced today that it has secured its 31st patent issued by the United States Patent and Trademark Office. The patent titled 'System and Method for Managing a Flow of Network Status Messages at a Network Operations Console' was issued on December 27, 2005. ...

Thursday, December 29th

• IDT extends offer for Net2Phone shares to Jan. 19

  IDT has acquired some 28.8 million shares in Net2Phone at a price of $2.05 each, according to a preliminary tally. That brings IDT's stake in Net2Phone to 77 percent of the company, IDT said....

Tuesday, December 20th

• IDT waives condition on Net2Phone acquisition

  Telephone services company IDT Corporation said on Tuesday it will waive a condition requiring that it acquire at least 90 percent of Net2Phone, Inc. shares in a proposed takeover....

Thursday, December 8th

• Net2Phone Posts Sales Increase, Smaller Loss for Q1 2006

  Net2Phone Inc., a Voice over IP service provider, posted sales of $21.7 million in its first fiscal quarter 2006, the strongest revenue period the company has recorded since Q3 2003. The company lost $7.2 million during the quarter, an improvement when compared to the $9.6 million it lost in the prior quarter and the $8.2 million it lost in the similar period last year. ...

Monday, December 5th

• Telemar Selects Net2Phone to Deliver Broadband Telephony Solutions

  Net2Phone, a leading Voice over IP (VoIP) enabler for service providers, today announced that Telemar, the largest telecommunications provider in Brazil reaching 93 million people with more than 17 million fixed lines and 731,000 broadband subscribers, has selected Net2Phone as its outsourced VoIP solutions provider for residential broadband telephony throughout Brazil....

• Net2Phone, CMA Bring VoIP to New Markets

  VoIP provider Net2Phone Inc. has expanded its agreement with cable operator CMA Communications (CMA) to provide cable telephony services to four more markets in Texas and Nevada....

Friday, November 25th

• Net2Phone committee has no opinion on IDT offer

  Internet telephone services company Net2Phone Inc. said on Friday the independent committee of its board is expressing no opinion on IDT Corp.'s unsolicited offer....

Monday, November 21st

• Net2Phone Gets Payoff

  Net2Phone today announced that it has received $18.8 million from Altice One, an investment fund with interests in cable properties, due to a recent change in ownership of those cable properties. ...

Wednesday, November 16th

• Net2Phone to Report Q1 2006 Earnings on December 7

  Net2Phone, Inc., a leading Voice over IP (VoIP) enabler for service providers, is expected to announce its first quarter fiscal 2006 financial results on December 7, 2005 after the market closes. Net2Phone's first fiscal quarter ended October 31, 2005. ...

Monday, October 31st

• Net2Phone Receives Two INTERNET TELEPHONY Awards

  Net2Phone, a leader in the Voice over Internet Protocol (VoIP) industry was honored with two awards presented by TMC publishing and the International Packet Communications Consortium (IPCC) at a banquet held last week in Los Angeles....

Wednesday, October 26th

• Navini to Showcase Pre-WiMAX PC Card and VoIP Integration at WiMAX World Conference & Expo 2005 in Boston

  Navini Networks will have three demos that showcase personal broadband.
  ...

Monday, October 24th

• Cable and Wireless expands Net2Phone deal

  Communications services provider Cable & Wireless PLC said Monday it is expanding its relationship with Net2Phone Inc., its hosted provider of broadband phone service, to include more islands throughout the Caribbean....

Tuesday, October 18th

• Net2Phone and CMA Partner to Provide VoIP Telephone Service in Hurricane Stricken Gulf Area

  Net2Phone and CMA Cablevision have partnered to provide free broadband telephony service to displaced families in Belle Chasse, Louisiana. Belle Chasse, in northern Plaquemines Parish, is approximately 12 miles southeast of New Orleans. ...

Monday, October 10th

• VeriSign Ups the Ante for IP Wireless Connect

  VeriSign's IP Wireless Connect has passed a significant milestone with the trial of its service by Net2Phone, which was recently announced....

Thursday, October 6th

• Net2Phone Reports Q4

  Net2Phone, Inc., a leading provider of Voice over IP (VoIP) services, today announced its fourth quarter and year end results for fiscal year 2005, ended July 31, 2005....

Wednesday, September 21st

• VeriSign(R) Wireless IP Connect Solution Being Trialed by Net2Phone Will Link Mobile and WiFi Networks for Consumers

  VeriSign, Inc., the leading provider of intelligent infrastructure services for the Internet and telecommunications networks, today announced that Net2Phone, a leading Voice over IP (VoIP) enabler for service providers, has started a trial of the VeriSign® Wireless IP Connect Service....

Monday, September 12th

• The Next Internet Gold Rush?

  When online auction giant eBay said on Monday that it was purchasing Internet telephone provider Skype Technologies for $2.6 billion, reactions fell largely into two camps: Those who saw the deal as recognition of the money-making potential and transformative power of Internet telephony; and those who questioned the wisdom of paying billions for a company whose sales hover in the tens of millions....

• Net2Phone Special Committee Responds to IDT

  The independent committee of the Board of Directors of Net2Phone, Inc. yesterday responded to the letter from IDT Corporation delivered to Net2Phone on September 7, 2005. The response was contained in a letter from Stephen Fraidin of Kirkland & Ellis LLP, legal counsel to the independent committee, to Ira Greenstein, President of IDT. A copy of the letter was delivered to Abbe Dienstag of Kramer Levin Naftalis & Frankel LLP, legal counsel to IDT. ...

Wednesday, September 7th

• IDT offers shares instead of cash for Net2Phone

  IDT Corp. said on Tuesday it is offering $1.70 worth of its stock in exchange for each share of Internet telephone services company Net2Phone Inc. it does not already own, rather than the $1.70 per share in cash it had previously offered....

Saturday, July 16th

• Bull & Lifshitz, LLP Announces Class Action Against Net2Phone, Inc.

  Notice is hereby given that Bull & Lifshitz, LLP has filed a securities class action in the State of Delaware, Court of Chancery, New Castle County on behalf of owners of the common stock of Net2Phone, Inc....

Saturday, July 9th

• IDT not interested in selling Net2Phone shares

  IDT Corp said on Friday that it would meet with the independent committee of the board of Net2Phone Inc. but said it is not interested in selling its shares in Net2Phone to a third party....

Wednesday, June 29th

• IDT plans to buy rest of Net2Phone stock

  ET Telecommunications services provider IDT Corp. on Tuesday said it plans to launch a tender offer to purchase Net2Phone Inc.'s remaining common stock outstanding for $1.70 per share in cash, without interest....

Monday, June 27th

• Global IP Sound Raises $6.4M

  Global IP Sound (GIPS), a leading provider of embedded voice-processing solutions for the Voice over IP market, today announced that it has received $6.38 million (US) in funding. The company issued 3.5M new shares at a share price of 12 NOK. Through a book building process the company was able to generate interest for 8.2 million shares, which translates to a subscription of 235% of the allocated amount. The company will use the funds to capture the expanding VoIP market opportunities in both technology and market positions....

Tuesday, June 21st

• Brazil's TVA launches residential VoIP

  Cable television operator TVA Brasil launched residential Internet phone service Tuesday, promising to slash prices for consumers in South America's largest country....

Sunday, June 5th

• Net2Phone Posts Wider Third-Quarter Loss

  Net2Phone Inc., a provider of Internet telephone service, said Monday that its loss widened substantially in the fiscal third quarter as sales fell 8 percent....

Thursday, May 19th

• Yahoo Messenger Finds Its Voice

  As with the existing voice feature, both users need PCs equipped with a microphone and speakers, since the voice 'calls' are made from within the Yahoo Messenger interface and there are no phone numbers to dial. For a fee, users can dial out to a phone number from within Yahoo Messenger using the third-party Net2Phone service, an existing option....

Monday, May 16th

• Net Calling Drives Nortel, Drops Net2Phone

  The biggest winner and the biggest loser in last week's Intelligent Infrastructure index are easy to determine: Nortel Networks and Net2Phone, respectively. What's a little murkier is figuring out why....

Monday, May 9th

• C&W Cayman Rebrands Net2Phone Services

  Cable & Wireless of Cayman, part of the company that pulled out of the U.S. market, is offering residential VoIP, called NetSpeak, to its customers across the three Cayman Islands. Cable & Wireless of Cayman is rebranding and reselling Net2Phone’s managed and hosted IP platform.
  ...

Tuesday, April 5th

• Net2Phone Signs New Contracts

  VoIP reseller Net2Phone Inc. has signed five-year contracts with two broadband service providers, as well as a new master services agreement with the National Cable Television Cooperative (NCTC)....

Monday, April 4th

• Net2Phone certifies Motorola VT1000

  Net2Phone ( NASDAQ: NTOP ), a leading enabler of VoIP solutions for service providers, and Motorola ( NYSE: MOT ) today announced that they have expanded their joint relationship through Net2Phone’s certification of the Motorola VT1000 voice gateway as a preferred endpoint on the Net2Phone VoiceLineSM broadband telephony solution for cable operators....

Wednesday, March 9th

• Net2Phone second-quarter loss narrows

Tuesday, March 8th

• Net2Phone Launches Enhanced Wi-Fi Offer Available Today

Wednesday, February 9th

• HSN Europe, Net2Phone Launch VoIP Via Satellite