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Talagy history
Talagy company history timeline
Public Company Incorporated: 1989 as Tel-Save Inc.
In 1995, the company went public, changing its name to Tel-Save Holdings.
In October 1999, Talk.com said it would also begin providing local phone service to small and medium-sized businesses nationwide.
With the steep telecommunications downturn, and under mandated requirements to clean up its customer base, in August 2001 Talk America reported a second-quarter loss 62 times greater than its first-quarter deficit.
"Talk America, Others Threaten the Baby Bells' Market Share: A Restructuring of Debt Has Enhanced Its Image on Wall Street, but at lease One Analyst Sees Risk in the Dramatic Change," Grand Rapids Press , August 24, 2002.
With the close of 2004, Talk America had weathered the worst of the telecom downturn, offering new bundled services to an expanding customer base nationwide.
By pushing out 95 percent of its immediate debt obligations to the year 2007 and negotiating a restructuring deal with MCG Finance Corp. and its largest shareholder and creditor, AOL Time Warner Inc., Talk America managed to show a profit amidst the greater telecommunications collapse.
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Talagy competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Adecco | 1997 | $2.9M | 8 | 3,823 |
| Sedona Staffing | 1986 | $17.0M | 150 | 9 |
| The Bradley Group | 1998 | $650,000 | 10 | 50 |
| EverStaff | 2001 | $3.0M | 300 | 118 |
| Gage Personnel | 1985 | $1.6M | 30 | - |
| Employment Staffing Group Inc | 1987 | $120.0M | 629 | - |
| C.R. Laurence | 1961 | $310.0M | 1,600 | - |
| Flex-Staff | 1973 | $3.0M | 73 | 111 |
| THE RIGHT STAFF | 2002 | $8.5M | 90 | 25 |
| EG Workforce Solutions | 1958 | $41.0M | 7,500 | - |
Talagy history FAQs
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