January 6, 2004

Howard Jonas Does Good

Arutz-7 reports that a small subsidiary of IDT is employing many immigrants to Israel.


The Jerusalem company, Customer Service Management (CSM), is a daughter company of and a main telephone-information center for American-based IDT Corp. (NYSE: IDT, IDTC), the fourth largest telecommunications firm in America. IDT founder and chairman Howard Jonas, an observant Jew from Riverdale, New York, decided in July 2002 to "share the wealth" with Israel's struggling economy while providing employment for a small number of new immigrants as well. What began at the time as a small-scale 30-person project servicing IDT customers has now become a 24-hour-a-day business employing 400 workers at the Har HaHotzvim Industrial Park in northern Jerusalem.

Nice to see.
Crossposted on Bsurot Tovot and Soccer Dad.

Posted by SoccerDad at January 6, 2004 11:12 PM
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