IDT Buys Zedge

New Jersey-based IDT Capital (a subsidiary of IDT) says it has created an IDT Internet Mobile Group and acquired the Norway-based mobile content sharing company Zedge.net. We checked out Zedge when we were compiling better options than Verizon/YouTube Lite, and the startup says it has “3.5 million members and nearly one half million pieces of user-generated mobile content.”

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