IDT Settles with Locus and Dollar Phone

Looks like IDT's big lawsuit drama is coming closer to resolution as two of the bigger players agreed to settle with IDT this week. Those two companies are Locus Telecommunications, Inc. and Dollar Phone Corp.

The terms of the settlement seem to be very simple... all parties agreed to provide the customers with the minutes advertised. No money was involved in this settlement.

Now the only hold outs are STI Phonecard, Inc., VOIP Enterprises Inc., Find & Focus Abilities Inc., and of course CVT Prepaid solutions Inc.