IDT, which claims to have pioneered the callback industry in 1990, is to offer direct telecomms services to residential and business users around the world.
It is preparing to open an office in London in the next three weeks to house its UK switching facility. It also plans to launch switches in Hong Kong, Germany and France within six months.
The company said tariffs for international calls by UK customers would be half those offered by BT.
Through operating agreements with partners IDT will continue to offer international routing using the switches of national carriers in 12 countries. It has recently signed agreements with Infostrada in Italy and AAC&R in the Dominican Republic, while negotiations with 25 other countries are underway.
The callback industry has thrived in the UK since the 1990s and was worth $500 million last year. Customers can make low cost international calls by routing them via a country with cheap international dialling rates - usually the US. The cost is then further cut because customers are billed from the country where the calls are made, and so may avoid VAT charges. The latter loophole is likely to be closed as the EC is currently ratifying changes to the law to impose VAT on callback services.
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