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 SinghNumber of Employees 1,735
Contact Information
7901 Jones Branch Dr Ste 900
McLean, Virginia 22102-3338
(703) 902-2800
Peer Companies
NAICS Code Wired Telecommunications Carriers: 517110
Recent Events
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Primus Telecommunications Q3 Net Loss Narrows - Quick Facts
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Primus Telecommunications Opens Chicago Sales Office Company is Focused on Providing Fully-Managed Hosted Communications Services...
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PRIMUS Telecommunications Reports Second Quarter 2009 Financial Results
News & Analysis
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primus telecommunications group inc. - All News and Analysis
VRML, CARN, PRTL, VKNG, PRGJ, ESMNF Have Also Been Removed From Naked Short List Today.
M2 PRESSWIRE-3 April 2008-BUYINS.NET: VRML, CARN, PRTL, VKNG, PRGJ, ESMNF Have Also Been Removed From Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:03042008 BUYINS.NET, www.buyins.net, announced today that these select companies have been removed from the NASDAQ, AMEX and NYSE naked...
PRPL, PRTL, SDRG, LNVGY Have Also Been Added To Naked Short List Today.
M2 PRESSWIRE-27 March 2008-BUYINS.NET: PRPL, PRTL, SDRG, LNVGY Have Also Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:27032008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short ...
Adds Primus Telecommunications Group Inc. to our Small Cap Watch List.
M2 PRESSWIRE-10 January 2008-International Stock Targets: Adds Primus Telecommunications Group Inc. to our Small Cap Watch ListC1994-2008 M2 COMMUNICATIONS LTD RDATE:10012008 International Stock Targets has announced a "Strong Buy" recommendation along with a one-month and six-month price target for our ...
PRIMUS Telecommunications Announces Favorable Regulatory Determinations in Australia
PRIMUS Telecommunications Group, Incorporated (OTCBB: PRTL), an integrated communications services provider, today announced that the Australian Competition and Consumer Commission ("ACCC") issued two separate Final Determinations ("Final Determinations" or "FDs") concerning access disputes between Primus Australia ("Primus"), an indirectly wholly-owned subsidiary, and Telstra Corporation for unconditioned local loop services ("ULLS")...
Stock Alert for GNLM! May 7, 2007.
M2 PRESSWIRE-7 May 2007-Stock Market Alerts LLC.: Stock Alert for GNLM! May 7, 2007C1994-2007 M2 COMMUNICATIONS LTD RDATE:07052007 Miami, FLA. - Stock Market Alert's performance stock list includes: General Metals Corporation (OTCBB: GNLM), Optionable, Inc. (OTCBB: OPBL), TechnoConcepts, Inc. (OTCBB: TCPS),...
Speak with other shareholders about: (OTC: RCAU), (OTCBB: MFIC), (NYSE: GOL), (OTCBB: PRTL), (OTCBB: GLDS).
M2 PRESSWIRE-30 March 2007-Stockwire.com: Speak with other shareholders about: (OTC: RCAU), (OTCBB: MFIC), (NYSE: GOL), (OTCBB: PRTL), (OTCBB: GLDS).C1994-2007 M2 COMMUNICATIONS LTD RDATE:30032007 AUSTIN, TX: A very interesting indicator to look for is where the money is flowing into. We have...
PRIMUS Telecommunications Canada Refinances Credit Facility with US $35 Million Senior Secured Credit Agreement
MCLEAN, Va. -- PRIMUS Telecommunications Group, Incorporated ("PRIMUS") (OTCBB:PRTL.OB), an integrated communications services provider, today announced that its indirectly wholly-owned Canadian subsidiary has entered into a Senior Secured Credit Agreement ("Credit Agreement") with Guggenheim Corporate Funding, LLC, as Administrative Agent and Collateral Agent, to refinance an existing credit facility. The...
Primus Telecommunications Canada selects Zhone and Tekelec for new service delivery.(CONTRACTS)
Zhone Technologies Inc.,the first company dedicated to building total-delivery solutions for voice, data, and content services worldwide, and Tekelec, a developer of high-performance network applications for next-generation fixed, mobile, and packet networks, announced that Primus Telecommunications Canada Primus Canada is deploying the companies' joint solutions....
Kiva Networks Trials Airspan's WiMAX Forum Certified(TM) Technology and Primus Telecommunications Voice Over IP Service in Denver, Colorado
Airspan Networks, Inc. (NASDAQ: AIRN), a leading worldwide equipment provider of broadband wireless access networks, including WiMAX standard systems, announced today the implementation of a successful WiMAX trial by Kiva Networks. Airspan's WiMAX Forum CertifiedTM AS.MAX platform was deployed using an experimental license in the 3.5GHz band from a...
PRIMUS Telecommunications to Sell Its Interest in India Subsidiary
MCLEAN, Va. -- PRIMUS Telecommunications Group, Incorporated (NASDAQ:PRTL) announced today that it and related entities have entered into a Share Purchase Agreement ("SPA") with Videsh Sanchar Nigam Limited ("VSNL"), a leading international telecommunications company and member of the TATA Group, whereby VSNL will purchase 100% of the stock of Direct...
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
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Globecomm Systems Q4 Profit Plunges; Guides FY010 - Update
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Globecomm Systems Reports Fiscal 2009 Fourth Quarter and Fiscal Year 2009 Financial Results
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Globecomm Systems Names Keith Hall President and Chief Operating Officer
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PRIMUS Telecommunications Reports First Quarter 2009 Financial Results
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PRIMUS Telecommunications Reports First Quarter 2009 Financial Results
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