March 24th, 1998 Iowa telecom firm participates in career fair in Des Moines to fill 30 high-tech positions
Fairfield, Iowa, March 24th, 1998 - Telegroup Inc. (NASDAQ: TGRP - News), a global provider of international telecommunications services with customers in 180 countries, will participate in a Career Fair sponsored by CFG at the Holiday Inn University Park, at 1800 - 50th Street, in West Des Moines on Thursday, March 26, between the hours of 10:30 AM to 2:00 PM and 3:00 PM to 7:00 PM. Aimed at technical job seekers, the Career Fair will present a vision of the possibilities offered by a career in the telecommunications field. Job applicants can examine the many technical job openings Telegroup has to offer, ask questions about career opportunities, salaries, and benefits. "Its a tremendous opportunity for Des Moines," says Carl McRoy, Telegroup's Technical Recruiter. "Iowa-based Telegroup is growing so fast that it must rely on Des Moines and other big cities to find qualified employees to fill nearly 30 high-tech jobs."
Telegroup is a leading global alternative provider of long distance telecommunications services. The company offers a broad range of discounted international, national, and enhanced telecommunications services to small- and medium-sized business and residential customers in over 180 countries worldwide. In addition, Telegroup offers value-added wholesale services to over twenty domestic and international telecommunications carriers. The company has achieved its significant international market penetration by developing what it believes to be one of the most comprehensive global sales, marketing and customer service organizations. Telegroup operates a reliable, cost-effective, digital, facilities-based network, the Telegroup Intelligent Global Network, which consists of a central network operating center, twenty-one switches, five enhanced service platforms, owned or leased capacity on seven digital fiber-optic cable links, and leased parallel data transmission capacity connecting Telegroup's switches to each other and the networks of other national and international carriers. Telegroup had revenues of $337 million in 1997.
Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995: This news release contains statements which are not historical facts and may be considered forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including expansion of Telegroup's network. Telegroup's actual results might differ materially due to numerous factors including, without limitation, the Company's success in developing its business plan, and acquiring additional financing needed to meet this plan, foreign currency fluctuations, termination of certain operating agreements, and changes in tax law. Those and other risks are described in the Company's filings with the Securities and Exchange Commission. For information during the Career Fair, call the Holiday Inn at (515)223-1800, or call (515)469-2640 or fax resumes to (515) 469-4689.
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