8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 14, 2007

IDT CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	1-16371	22-3415036
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

520 Broad Street Newark, New Jersey	07102
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (973) 438-1000

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On February 14, 2007, Alan Claman tendered his resignation from the Board of Directors of IDT Corporation (the “Registrant”). Mr. Claman’s resignation was accepted by the Board of Directors on February 14, 2007.

(d) On February 14, 2007, The Reverend Eric Cosentino was elected to the Registrant’s Board of Directors. There are no arrangements or understandings between The Reverend Cosentino and any other person pursuant to which The Reverend Cosentino was appointed to the Board of Directors. The Reverend Cosentino has not entered into any related party transactions with the Registrant that are required to be disclosed pursuant to Item 404(a) of Regulation S-K. The Reverend Cosentino was elected to the Compensation and Corporate Governance Committees of the Board of Directors as of February 14, 2007.

A copy of the press release issued by the Registrant on February 16, 2007 relating to the above events is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Document
99.1	Press Release of the Registrant, dated February 16, 2007.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

IDT CORPORATION
By:	/s/ James A. Courter
Name:	James A. Courter
Title:	Chief Executive Officer

Dated: February 16, 2007

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EXHIBIT INDEX

Exhibit Number	Document
99.1	Press Release of the Registrant, dated February 16, 2007.

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EX-99.1

Exhibit 99.1

IDT CORP. APPOINTS ERIC COSENTINO TO ITS

BOARD OF DIRECTORS; ALAN CLAMAN TO ASSUME

ROLE WITH IDT’S ISRAEL OPERATIONS

Newark, NJ – February 16, 2007 – IDT Corporation today announced the appointment of Reverend Eric Cosentino to its Board of Directors. Rev. Cosentino replaces Alan Claman, who will be serving as a consultant to IDT with respect to its operations in Israel. IDT Corporation (NYSE: IDT, IDT.C) is a multinational corporation with operations in telecommunications and other industries.

Mr. Claman will assist the Company in analyzing and growing its operations in Israel, focusing on specific ventures and efficiency of operations as well as examining growth opportunities and new ventures. Mr. Claman founded and served as President of Aerospace International Sales until 1997. In accepting his new responsibilities, Mr. Claman has resigned his seat on IDT’s Board of Directors.

“We are constantly seeking new opportunities and ways to strengthen our company, and given the entrepreneurial environment combined with a strong and growing technology sector, we see opportunity in Israel,” said Jim Courter, IDT’s CEO. “We identified a need for additional input and an opportunity to benefit from the services of an experienced builder of businesses. From his service on our board, it quickly became apparent that we could better utilize Alan’s talents and experience in a more active position. Alan’s experience in developing businesses and finding successful opportunities will be invaluable to IDT in Israel.”

Alan Claman, 60, has been a consultant to the aviation industry since 1997. Mr. Claman serves as President and Director of Todah L’Tzahal, an Israeli charity he founded in 2001. He was previously in private law practice at The Law Offices of Alan Claman. Mr. Claman holds a B.A. in Economics from the University of California at Los Angeles and a J.D. from Harvard Law School.

“We welcome Rev. Cosentino to IDT’s Board,” said Marc J. Oppenheimer, President of Octagon Associates, Inc. and the lead independent director of IDT’s board. “Rev. Cosentino was a valued member of the Board of Directors of IDT Entertainment from its infancy through its growth and sale to Liberty Media. We look forward to his input and the perspective he will bring to the Board.”

The Reverend Eric Cosentino, 50, is Rector of the Episcopal Church of the Divine Love in Montrose, New York. He has also served on the Board of Directors of the Evangelical Fellowship Anglican Communion of New York.

About IDT

IDT Corporation is an innovative and opportunity seeking multinational company with operations that span various industries. Through its Telecom subsidiary, IDT provides telecommunications services worldwide to the retail and wholesale markets. 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 an Energy Services Company (ESCO) in New York State, receivables portfolio management and collection, ethnic food distribution, brochure distribution, 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.

Contact:

Gil Nielsen

Vice President,

Corporate Communications

973-438-3553

or

Yossi Cohn

Investor Relations

973-438-3858