*Pages 1--2 from Microsoft Word - 23227.doc* ATTACHMENT 2 NON- INCUMBENT MULTINATIONAL CARRIERS – U. S. AND FOREIGN 1st Quarter 1999 Revenue CARRIER $M 1 st Quarter of 1998 % Year to Year Change from 1 st Quarter of 1997 to 1998 $M 1 st Quarter of 1999 % Year to Year Change from 1 st Quarter of 1998 to 1999 Teleglobe 1 860 26% 747 -13% Equant >200/ 320 2 200% 444 39% RSL Communications 132 212% 340 159% Star Telecom 129 52% 228 67% Global Telesystems Group 3 78 54% 171 270% Energis 4 66 57% 168 73% IDT Corporation 87 153% 161 127% Pacific Gateway Exchange 105 104% 141 34% COLT Telecom Group 59 134% 137 130% Primus Telecom Group 5 118 24% 131 64% Viatel 6 21.2 46% 62 190% WorldCom 7 2,350 39% NA NA Telegroup 4 86 16% NA NA Esprit Telecom Group 5 24 36% NA NA 1 Data for 1999 reflect only revenue for Teleglobe Communications Corporation (TCC) while 1998 data reflect combined revenues for TCC and Excel Canada. 2 Equant, a U. K.- based telecom operator, reports on a 6- month basis that runs from January 1- June 30 and July 1- December 31. The numbers compare the 6- month period ending June 30, 1998 to the 6- month period ending June 30, 1999. Equant’s actual revenues for the 6- month period ending June 31, 1998 were $320 million. 3 Global TeleSystems Group’s purchased Esprit Telecom. 4 Energis’ revenues reflect an end- of- year total for 1998. Revenues totaled $97.1 million for end- of- year 1997, and therefore revenues grew 73% from 1997 to 1998. 5 Primus acquired some of Telegroup's assets after Telegroup filed for bankruptcy. 6 Viatel has been added to the list. It is a new entrant with a strong international presence. 7 Information for WorldCom has not been provided because it merged with MCI. 1 Source: Bankers Trust Alex Brown: “Turf War On a Global Scale 3.0,” Communications Services, June 1, 1999. Some information has been obtained from company web sites. 2