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PTGi Announces Tax Treatment of 2013 Distributions

Companies mentioned in this article: PTGi Holding, Inc.

HERNDON, VA -- (Marketwired) -- 01/15/14 -- PTGi Holding, Inc. (PTGi) (PINKSHEETS: PTGI), a leading international wholesale service provider to fixed and mobile network operators worldwide, announced today the income tax treatment for its 2013 distributions. PTGi declared a special distribution of $8.50 per share of Common Stock during 2013. For tax purposes, 100.0% of the distributions are characterized as return of capital. This information will be reported to shareholders on Form 1099-DIV.

Tax treatment of the company's 2013 distributions should not be presumed to be indicative or predictive of the tax treatment of future company distributions.

Shareholders are encouraged to consult with their tax advisor to determine their individual tax treatment.

About PTGi

PTGi (PTGi Holding, Inc.) is one of the leading international wholesale service providers to fixed and mobile network operators worldwide. PTGi owns and operates its own global network of next-generation IP soft switches and media gateways. Founded in 1994, PTGi is headquartered in Herndon, Virginia.