Saturday, June 30, 2007

International Calling Destinations on US Phone Cards

Below are the top called country from continental US on 2004. Although it's not up to date, but the data hasn't changed drastically, and still reflects the current market.


Breakdown by Continent:
North and Central America = 30% (this has no doubt decreased since 04)
South America = 19% (this has no doubt increased since 04)
Western Europe = 13%
Asia = 10%
Eastern Europe = 7%
Caribbean = 6%
Africa = 6%
Other = 9%


Breakdown Of Minutes Made Using US Calling Cards by Country:
Mexico 2,033.3 million minutes
Canada 948.9 million minutes
Columbia 801.3 million minutes
Brazil 629.6 million minutes
UK 489.5 million minutes
Dominican Republic 489.0 million minutes
El Salvador 406.7 million minutes
Guatemala 361.5 million minutes
India 331.4 million minutes
Germany 293.7 million minutes

Saturday, June 09, 2007

IDT Telecom Cuts Back to Cover Loss

On Wednesday, June 7, IDT announced their 3rd quarter results and the picture looked bad. Their net loss, 15.9 million, was nearly double that of Q3 from 1 year ago (8.6 million). Revenue was announced at $485.4 million down from $547.2 million 1 year ago.

This seems to have caught many off guard as most analysts, who up until Wednesday had IDT stock as "hold," quickly changed their recommendations to "sell." While IDT officials kept up beat and political during the announcement, they drew no detailed plans of how they were going to turn the company around. Instead they kept blaming the poor performance on "the unfair business practices" of other calling card companies, a point of contention for them and the subject of an ongoing lawsuit.

As a result of the loss, IDT announced during their earnings call that they have just cut 300 jobs from the Telecom division. Add this to the 570 or so jobs cut in late summer last year and the company is pushing almost a 25% reduction in its work force from last year (Yahoo had IDT listed at 4,000 employees up until last week when they adjusted this number to 3,000).

Source:
http://biz.yahoo.com/ap/070606/earns_idt.html?.v=1

Thursday, June 07, 2007

AT&T Wireless Adds More Flexibility to Prepaid Cell Phone Plans

America’s leading mobile phone carrier, AT&T Wireless, is making a new slate of calling and messaging features available to prepaid cell phone subscribers, in an attempt to make its GoPhone Pay-As-You-Go offering more flexible and competitive.
AT&T’s prepaid customers can now buy 3,000 additional Night & Weekend minutes at a fixed cost of $19.99/month, or 200 text and multimedia messages for $4.99. Mobile data bandwidth is also being offered on a prepaid basis, costing $9.99 for 5MB.
Prepaid airtime can now be rolled over from one month to the next, provided that a customer renews his or her services by the end of each 30-day billing period.

Source:
http://www.teleclick.ca/2007/06/att-wireless-adds-more-flexibility-to-prepaid-cell-phone-plans