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Telegroup® Press Releases

February 7, 1999

Telegroup, Inc Announces Extension of Loan from Foothill Capital Corporation

February 2, 1999

Telegroup, Inc Announces Extension of Loan

December 23, 1998

Telegroup, Inc. Announces That Clifford Rees Will Assume Responsibilities of Steven J. Baumgartner Upon His Departure On January 15, 1999

December 23, 1998

Telegroup, Inc. Announces That Clifford Rees Will Assume Responsibilities of Steven J. Baumgartner Upon His Departure On January 15, 1999

December 14, 1998

Telegroup, Inc Announces Extension of Interim Financing

November 16, 1998

Telegroup, Inc Announces Results for the Third Quarter Ended September 30, 1998 and an Increase and Extension of Interim Financing

October 12, 1998
Telegroup, Inc. to Focus On Core Retail Customers in U.S., Western Europe and Australia

September 10, 1998
Telegroup, Inc. Expands Services and Management in Europe

August 19, 1998
Telegroup Appoints Two Vice Presidents

August 10, 1998
Telegroup, Inc. Announces Results for the second quarter Ended June 30, 1998

August 06, 1998
Telegroup Agrees to Acquire Switch Telecommunications Pty. Ltd. and Frame Relay Pty. Ltd., Enhancing Australian Presence

July 13, 1998
Telegroup Concludes Agreement with Sungwoo to Service Korean Telecom Market

July 7, 1998
Telegroup Expands Spectra Service to U.K. and Denmark

June 22, 1998
Telegroup Subsidiary RediCall Wins Telecard Awards

June 16, 1998
Telegroup Adds Mediacom Telefacilities Ltd. and Completes Newsnet Pty. Ltd. Purchase

June 10, 1998
Telegroup Acquires South East Telecom and Corporate Networks

May 27, 1998
Telegroup Acquires Transpacific Cable Between Japan and United States

May 20, 1998
Telegroup, Inc. Presents Plans for Global Network at Annual Shareholder Meeting

May 11, 1998
Telegroup, Inc., Announces First Quarter 1998 Results

May 8, 1998
Telegroup Promotes Ronald L. Jakenthal to Senior Vice President, Global Carrier Services

April 27, 1998
Telegroup to Announce Global Multi-Service Transport Network Strategy

April 23, 1998
Telegroup Dramatically Expands Capacity Between U.S. and Europe

April 13, 1998
Telegroup Makes International Dialing Easier in Sweden

April 1, 1998
Telegroup, Inc., Announces Web Products Roll-Out

March 27, 1998
Telegroup Names Thomas E. Brand as Chief Technology Officer

March 24, 1998
Telegroup Promotes Eric E. Stakland To Head International Retail

March 24, 1998
Telegroup Makes Global Access Telecard Even More Attractive

March 24, 1998
March 24th, 1998 Iowa telecom firm participates in career fair in Des Moines to fill 30 high-tech positions

March 10, 1998
Telegroup, Inc., Announces Fourth Quarter and Year End Results

February 20, 1998
Telegroup Introduces Convenient New Long Distance Dialing in the Netherlands

February 3, 1998
Telegroup Names Steven J. Baumgartner as President and Chief Operating Officer

January 28, 1998
Telegroup Announces Offer to Acquire Newsnet ITN Ltd.

January 6, 1998
Telegroup Adds Milan, Italy Facility

December 1, 1997
Telegroup Uses Saville CBP for Oracle as Competitive Weapon

November 10, 1997
Telegroup, Inc. Announces Third Quarter's Results

November 4, 1997
Telegroup expands wordwide financial management tool

October 30, 1997
Telegroup announces acquisition of PCS Telecom, Inc.

October 24, 1997
Telegroup issues $97 million dollar aggregate amount at maturity of its senior discount note financing.

October 20, 1997
Telegroup prices $75 million senior discount note financing

October 7, 1997
Telegroup Announces Appointment of Three Outside Directors

October 1, 1997
Telegroup Completes $25 Million Financing

August 11, 1997
Record second quarter and six months revenue reports

July 9, 1997
Telegroup Announces Initial Public Offering

December 6, 1996
Telegroup gains $20 million to expand global telecom network

December 3, 1996
Telegroup slashes phone rates in response to AT&T rate hike

October 29, 1996
Telegroup Ranked Sixth Largest International Carrier by FCC

August 15, 1996
www.telegroup.com Selected Inc. Online's Site of the Week

June 17, 1996
www.callcost.com Helps Consumers Find Best Long Distance Deals

October 11, 1995
American Consumers Will Desert the Big Three to Save Money on Long Distance Calls

September 4, 1995
Governor Honors Telegroup's Explosive Job Growth

June 16, 1995
Iowa Business Outdistances the Nation's Top Phone Companies

July 1, 1994
$13 Million Only Tip of Iceberg: AT&T Damages Could Total Billions

June 9, 1994
Two Small Telephone Companies Ask $56 Million for Unfair Treatment by AT&T


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