Post 200: Top D.C.-Area Businesses

Primus Telecommunications Group / PRTL

President DG Gulati, left, and Christopher J Smith, senior manager, facilities.

President DG Gulati, left, and Christopher J Smith, senior manager, facilities. (Photo: Shira Yudkoff - washingtonpost.com)

About Primus Telecommunications Group

7901 Jones Branch Dr., Suite 900, McLean, Va. 22102
www.primustel.com | 703-902-2800 | Founded: 1994

Industry: Telecommunications | Category: Public Companies

The provider of Internet and data services filed for Chapter 11 bankruptcy protection in March after working with lenders to come up with a plan that would reduce its debt. It expects to emerge from the reorganization within three months. Primus, with 2.4 million customers, has interests in nearly two dozen transoceanic fiber-optic cable systems and some of the biggest Internet carriers in Australia, Canada and Brazil.

Chairman and CEO: K. Paul Singh

2008 Financial Data

Revenues: $895,863,000 | Net Income: $-25,031,000
Asssets: $330,444,000 | Earnings Per Share: $-0.18
Stockholder Equity: $-461,539,000 | Annual Dividend: $0.00
Total employees: 1,669 | Local employees: 77
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