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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NoipVRC6m3TAVsyeaHWv7GPpp5mroYOqW6UGkDeNogD/LkEpg5uG2d3qZ+qyIIJf
 uuC9FRU/cSBOqsf+t/WN/A==

<SEC-DOCUMENT>0001181431-03-024168.txt : 20030924
<SEC-HEADER>0001181431-03-024168.hdr.sgml : 20030924
<ACCEPTANCE-DATETIME>20030924113614
ACCESSION NUMBER:		0001181431-03-024168
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20021213
FILED AS OF DATE:		20030924

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TOLLI DOMINICK
		CENTRAL INDEX KEY:			0001196769

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-26763
		FILM NUMBER:		03907291

	MAIL ADDRESS:	
		STREET 1:		C/O NET2PHONE INC
		STREET 2:		520 BROAD ST
		CITY:			NEWARK
		STATE:			NJ
		ZIP:			07102

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NET2PHONE INC
		CENTRAL INDEX KEY:			0001086472
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				223559037
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0731

	BUSINESS ADDRESS:	
		STREET 1:		520 BROAD STREET
		CITY:			NEWARK
		STATE:			NJ
		ZIP:			07102
		BUSINESS PHONE:		9734122800

	MAIL ADDRESS:	
		STREET 1:		17 MAIN STREET
		CITY:			HACKENSACK
		STATE:			NJ
		ZIP:			07601
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd19001.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2002-12-13</periodOfReport><notSubjectToSection16>1</notSubjectToSection16>
    <issuer>
        <issuerCik>0001086472</issuerCik>
        <issuerName>NET2PHONE INC</issuerName>
        <issuerTradingSymbol>NTOP</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001196769</rptOwnerCik>
            <rptOwnerName>TOLLI DOMINICK</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>520 BROAD ST</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>NEWARK</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07102</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>1</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther><officerTitle>Former President, Bus. Ops.</officerTitle></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2002-12-13</value></transactionDate><deemedExecutionDate><value>2002-12-13</value></deemedExecutionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>S</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>1633.259</value><footnoteId id="F1"/></transactionShares><transactionPricePerShare><value>3.2695</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><owne
rshipNature><directOrIndirectOwnership><value>I</value></directOrIndirectOwnership><natureOfOwnership><value>By 401(k) Plan</value></natureOfOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><footnotes><footnote id="F1">Represents common stock held in Net2Phone, Inc. 401(k) Plan.</footnote></footnotes><ownerSignature><signatureName>/s/  Glenn Williams, Attorney-in-Fact</signatureName><signatureDate>2003-09-24</signatureDate></ownerSignature></ownershipDocument>



</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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