BNET Industries

Market Cap:$62.8M
Last Fiscal Year Sales:$895.8M
  • Public
  • US
Dow Jones Description

Primus is primed to expand its telecom business. Founded in 1994 and headquartered in McLean, VA, Primus Telecommunications Group, Incorporated (NASDAQ: PRTL) is a telecommunications provider. The company offers long-distance telephone services, both domestic and international, and internet access. It also has prepaid calling cards, toll-free services, and VoIP services. It operates in North America, Europe, Brazil, India, Japan, and Australia. The company has annual revenue of $1.2 billion and employs about 2,500 people. In March 2006, the company's Common Stock was transferred from the Nasdaq National Market to the Nasdaq Capital Market.selected as the winner of two prestigious prizes at the national telecommunications industry awards in Sydney last night. The company was the winner in the Best Broadband/Corporate Wholesale category at the Australian Telecom Awards in October 2005.

Chairman, President and Chief Executive Officer (Principal Executive Officer) and Director
K. Paul Singh
Number of Employees 1,735
Contact Information

7901 Jones Branch Dr Ste 900

McLean, Virginia 22102-3338

primustel.com

(703) 902-2800

NAICS Code Wired Telecommunications Carriers: 517110

Recent Events

  • Primus Telecommunications Q3 Net Loss Narrows - Quick Facts

    11/16/09 - Financial Announcement - View Story

  • Primus Telecommunications Opens Chicago Sales Office Company is Focused on Providing Fully-Managed Hosted Communications Services...

    10/13/09 - Mgmt. Change Entering - Other - View Story

  • PRIMUS Telecommunications Reports Second Quarter 2009 Financial Results

    8/13/09 - Financial Announcement - View Story

News & Analysis

primus telecommunications group inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Greg Wilson COO
Thomas R. Kloseter CFO
Thomas R. Kloster Chief Financial Officer
Andrew Day Senior Vice President of Residential Services
Geoffrey K. Hicks Senior Vice President, Network Services
Mark Guirgis Vice President, Corporate Planning & Analysis
Matt Stein Vice President of New Technology and Services
Thomas Whinerey Vice President, Global Service Providers Division
Tracy Lawson Vice President
Tracy R Book Vice President, Controller
Ravi Bhatia Managing Director, Primus Australia
Jim Egles Director, IT, Production & Operations
John F. DePodesta Co-Founder, Director, and Executive Vice President
Mike Magill Senior Director Sales, Global Service Providers Division
Yasser Hamid European Director, Global Services Provider Division
Cecilia Gonzalez-Mesa General Manager
Frank Simonis Manager, Sales Communications
Julia Suppan Business Manager
Lisa Mavrodis Manager, Natl Marketing
Alfonso Rodriguez Carrier Representative Europe, Global Service Providers Division
Lasse Kjeldsen Carrier Representative Europe, Global Service Providers Division
Maureen Veletis Secretary
Ndi Towo Carrier Representative, Africa, Global Service Providers Division
David E. Hershberg Director
Herman Fialkov Director

Board of Directors

Name (plus bio) Position
K. Paul Singh Chairman, President and Chief Executive Officer (Principal Executive Officer) and Director
David M. Karp Board of Directors
Douglas M Karp Board of Directors
Geoffrey L Hamlin Board Observer
John Puente Board of Directors
Paul G Pizzani Board of Directors

Organization Position Status
Primus Telecommunications Group, Inc. Chairman, President and Chief Executive Officer (Principal Executive Officer) and Director Current
Primus Telecommunications Group, Inc. Director Former

Organization Position Status
Primus Telecommunications Group, Inc. COO Current

Organization Position Status
Primus Telecommunications Group, Inc. CFO Current

Organization Position Status
Primus Telecommunications Group, Inc. Chief Financial Officer Current
Primus Telecommunications Group, Inc. Board of Directors Current

Organization Position Status
Primus Telecommunications Group, Inc. Senior Vice President of Residential Services Current

Organization Position Status
Primus Telecommunications Group, Inc. Senior Vice President, Network Services Current

Organization Position Status
Primus Telecommunications Group, Inc. Vice President, Corporate Planning & Analysis Current
Primus Telecommunications Group, Inc. Board of Directors Current
Primus Telecommunications Group, Inc. Assistant Secretary Former

Organization Position Status
Primus Telecommunications Group, Inc. Vice President of New Technology and Services Current

Organization Position Status
Primus Telecommunications Group, Inc. Vice President, Global Service Providers Division Current

Organization Position Status
Primus Telecommunications Group, Inc. Vice President Current
Primus Telecommunications Group, Inc. Corporate Controller Current
Primus Telecommunications Group, Inc. Board of Directors Current

Organization Position Status
Primus Telecommunications Group, Inc. Vice President, Controller Current

Organization Position Status
Primus Telecommunications Group, Inc. Managing Director, Primus Australia Current

Organization Position Status
Primus Telecommunications Group, Inc. Director, IT, Production & Operations Current
Primus Telecommunications Group, Inc. Director, IT, Production & Operations Former

John F. DePodesta , 63, co-founded the Company in 1994 with Mr. Singh and serves as a director and its Executive Vice President, Chief Legal Officer, Chief Corporate Development Officer and Secretary. Mr. DePodesta served from 1994 to 2002 as the Chairman of the Board of Iron Road Railways Incorporated ( Iron Road ), which he co-founded in 1994. He served as Senior Vice President, Law and Public Policy, of Genesis Health Ventures, Inc. from January 1996 through March 1998. Additionally, from 1994 to 1999, he served as of counsel to the law firm of Pepper Hamilton LLP, where he was previously a partner since 1979. Before joining Pepper Hamilton LLP, Mr. DePodesta served as the General Counsel of Consolidated Rail Corporation. In 2001, Bangor & Aroostook Railroad Company (BAR), a wholly-owned subsidiary of Iron Road, and in 2002 certain affiliates of BAR, entered Chapter 11 bankruptcy proceedings. The BAR s plan of reorganization was confirmed in 2007. In 2001, Quebec Southern Railway Company Ltd. (QSR), a wholly-owned subsidiary of Iron Road, filed a Notice of Intention to Make a Proposal under provisions of the Bankruptcy and Insolvency Act of Canada. In 2005, QSR filed a bankruptcy petition and thereafter liquidated its remaining assets. Mr. DePodesta also served on the Board of Directors of Genesis HealthCare Corporation until June 2007. Mr. DePodesta holds a BA from Harvard College and a JD from the University of Pennsylvania Law School.

Organization Position Status
Primus Telecommunications Group, Inc. Co-Founder, Director, and Executive Vice President Current
Respiratory Health Services, LLC Current
Windward Gardens Board of Directors Current
Orono Commons Board of Directors Current
Primus Telecommunications Group, Inc. Board Member Current
Educational Credit Management Co. Member, Board of Directors Current
Genesis HealthCare Corp. Board of Directors Current
Genesis HealthCare Corp. Senior Vice President, Law and Public Policy Former
Pepper Hamilton LLP Partner Former
Consolidated Rail Corporation General Counsel Former
University of Pennsylvania Law School Jd Former
University of Pennsylvania J.D. Former
Harvard University Bachelor of Arts Former
Harvard College BA Former
Educational Credit Management Co. member Former

Organization Position Status
Primus Telecommunications Group, Inc. Senior Director Sales, Global Service Providers Division Current

Organization Position Status
Primus Telecommunications Group, Inc. European Director, Global Services Provider Division Current

Organization Position Status
Primus Telecommunications Group, Inc. General Manager Current

Organization Position Status
Primus Telecommunications Group, Inc. Manager, Sales Communications Current

Organization Position Status
Primus Telecommunications Group, Inc. Business Manager Current

Organization Position Status
Primus Telecommunications Group, Inc. Manager, Natl Marketing Current

Organization Position Status
Primus Telecommunications Group, Inc. Carrier Representative Europe, Global Service Providers Division Current

Organization Position Status
Primus Telecommunications Group, Inc. Carrier Representative Europe, Global Service Providers Division Current

Organization Position Status
Primus Telecommunications Group, Inc. Secretary Current

Organization Position Status
Primus Telecommunications Group, Inc. Carrier Representative, Africa, Global Service Providers Division Current

David E. Hershberg founded the Company in 1994 and has been its Chief Executive Officer and Chairman of the Board of Directors since its inception. In addition, Mr. Hershberg is President of the Company effective September 2008. From 1976 to 1994, Mr. Hershberg was the President of Satellite Transmission Systems, Inc. (“STS”), a provider of satellite ground segment systems and networks, which he founded and which became a subsidiary of California Microwave, Inc. (“CMI”), and is currently part of Narda Satellite Networks, a subsidiary of L3 Communications Corporation. From 1990 to 1994, Mr. Hershberg also served as Group President of the Satellite Communications Group of CMI, where he also had responsibility for EFData, Inc., a manufacturer of satellite communications modems, and for Viasat Technology Corp., a manufacturer of communications systems that specialized in portable and mobile satellite communications equipment. Mr. Hershberg is a director of Primus Telecommunications Group, Inc., a telecommunications company providing long distance services. Mr. Hershberg holds a B.S. in Electrical Engineering from Rensselaer Polytechnic Institute, an M.S. in Electrical Engineering from Columbia University and an M.S. in Management Science from Stevens Institute of Technology.

Organization Position Status
Globecomm Systems Inc. Globecomm CEO Current
Globecomm Systems Inc. President Current
Primus Telecommunications Group, Inc. Director Current
Globecomm Systems Inc. Founder Former
Columbia University M.S. In Electrical Engineering Former
Rensselaer Polytechnic Institute B.S. In Electrical Engineering Former
Columbia University B.S. In Electrical Engineering Former

Organization Position Status
Primus Telecommunications Group, Inc. Board of Directors Current

Organization Position Status
Tailwind Capital Partners, LLC Managing Partner Current
Tailwind, Inc Current
Primus Telecommunications Group, Inc. Board of Directors Current
City Parks Foundation Board of Directors Current
Aircast, Incorporated Director Current
Eon Labs, Inc Director Current
Primus Telecommunications, Inc. Director Current
Concord Music Group, Inc Director Current
Trover Solutions, Inc. Director Current
Food Company, Inc. Director Current
Tailwind Capital Partners, LLC Co-Chief Executive Officer Former
Salomon Brothers COO Former
Pacific Partners Managing Partner Former
Warburg Pincus, LLC Partner Former
Salomon Brothers Partner Former
The Boston Consulting Group, Inc. Consultant Former
Harvard Law School JD Former
Yale University BA Former

Organization Position Status
PH Capital Founder Current
Cartesian Capital Group, LLC Partner Current
Primus Telecommunications Group, Inc. Board Observer Current
PH Capital Partner Current
PH Capital Strategic Advisor Former
University of Texas School of Law J.D. Former
Tufts University B.A. Former

Herman Fialkov, a member of the Management Committee, has been an advisor to IET since 1996. He was founder and President of General Transistor Corporation, which he merged with General Instrument Corporation in 1960. There he established the pioneering large-scale integrated circuit division, later spun off as the present Microchip Technology, Inc. Later, as Senior Vice President for Corporate Development, he was instrumental in the acquisition of Jerrold Electronics, placing General Instrument in a leadership position in the emerging cable television market. He is a General Partner of PolyVentures, a Long Island, NY venture firm, that invests in startup and early stage technology ventures. From the 1960s to the present, as a General Partner of Geiger & Fialkov LP, PolyVentures, and as President of Aleph Null Corporation, Mr. Fialkov financed and helped develop many successful companies. He was among the founding investors in Intel and Teledyne. Other successful investments include Xynetics, Inc., which was sold to General Signal, which later spun out its components as Ultratech Stepper, and Electroglas, Inc. He was a founding or early stage investor in Standard Microsystems, Microsemi Corp., EIS International, DSP Group, DSP Communications, and OPAL. He was President and later Chairman of Standard Microsystems during its early growth period. Mr. Fialkov is an engineering graduate of New York University and is a trustee of Polytechnic University. He is a director of several corporations including Globecomm Systems Inc., and Primus Telecommunications Group, Inc.

Organization Position Status
The Island Partner Current
Integrated Environmental Technologies, LLC Advisor Current
Polytechnic University Trustee Current
Integrated Environmental Technologies, LLC Board of Directors Current
Globecomm Systems Inc. Director Current
Primus Telecommunications Group, Inc. Director Current
Integrated Environmental Technologies, LLC Member of the Management Committee Current
General Instrument Corporation President Former
General Instrument Corporation Founder Former
Microsemi Corporation Former
DSP Communications Former
Standard Microsystems Corporation Chairman Former
New York University Former

Organization Position Status
Primus Telecommunications Group, Inc. Board of Directors Current

Organization Position Status
Cartesian Corp Founder Current
Cartesian Capital Group, LLC Founder Current
Cartesian Capital Group, LLC Partner Current
Primus Telecommunications Group, Inc. Board of Directors Current
PH Capital Founder Former
PH Capital Partner Former
AIG Principal Former
COMSAT Corporation Treasurer Former
The Wharton School of the University of Pennsylvania M.B.A. Former
Wharton Graduate School of the University of Pennsylvania MBA Former
Villanova University BS Former

Executive News

  • Globecomm Systems Q4 Profit Plunges; Guides FY010 - Update

    RTTNews.com - 9/09/09 - View Story

  • Globecomm Systems Reports Fiscal 2009 Fourth Quarter and Fiscal Year 2009 Financial Results

    Business Wire - 9/09/09 - View Story

  • Globecomm Systems Names Keith Hall President and Chief Operating Officer

    NewsBlaze - 8/29/09 - View Story

  • PRIMUS Telecommunications Reports First Quarter 2009 Financial Results

    TMC Net - 5/21/09 - View Story

  • PRIMUS Telecommunications Reports First Quarter 2009 Financial Results

    NewsBlaze - 5/20/09 - View Story

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     PMUG $6.55 -0.18 (-2.67% )
Average Volume 54,484
Shares Outstanding -
Market Cap -
Year High 7.75
Year Low 3.2
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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