Teleglobe Appoints New Director

Teleglobe appoints media industry executive Tom Rogers to its board of directors

August 20, 2004

2 Min Read

HAMILTON, Bermuda -- Teleglobe International Holdings Ltd (NASDAQ:TLGB) "Teleglobe", a leading provider of international telecommunications services to Internet service providers and to fixed and mobile network operators, announced today that Tom Rogers, 50, has been elected to fill a vacancy on the Teleglobe Board of Directors, raising the number of directors from 10 to 11. Mr. Rogers, a seasoned media industry executive, currently heads TRget Media LLC, a media industry investment and consulting firm. He will be a Class I director, whose term expires at the annual meeting in 2005.

Liam Strong, president and CEO of Teleglobe stated, "Teleglobe's board of directors joins me in welcoming Tom. His wealth of experience, particularly as an a media industry leader, including the areas of Internet and cable, should provide a significant contribution to the ongoing formation of our long-term plans. The industry's current transition to IP by cable operators is driving strategic opportunities for Teleglobe's international customers and, therefore, for Teleglobe. This is an area in which Tom's expertise will be invaluable. We look forward to working with Tom and to the benefit of his guidance and counsel."

Among other activities, Mr. Rogers serves on the board of directors of TiVo and recently served as a key mediator in the settlement between New York's YES regional sports network and Cablevision Systems Corporation. Previously, Mr. Rogers was Chairman and CEO of PRIMEDIA, Inc., one of the world's largest targeted media and information companies. PRIMEDIA runs a wide range of television and video businesses, operates more than 400 websites, and publishes over 290 magazines.

Prior to his tenure at PRIMEDIA, Mr. Rogers was President of NBC Cable and Executive Vice President of NBC, as well as its chief strategist. He is credited with having been the driving force in the reshaping of General Electric's NBC from a traditional broadcast company to a highly diversified and integrated mass media company with major interests in many cable program channels, international television services and multiple internet, digital and interactive businesses. Among his many NBC accomplishments, Mr. Rogers founded CNBC, the nation's leading business news channel, and drove the establishment of MSNBC, the NBC/Microsoft cable channel and Internet joint venture.

Teleglobe International Holdings Ltd.

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