8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                              --------------------

                                    FORM 8-K


                                 CURRENT REPORT
                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported)   February 16, 2005
                                                       -------------------------


                         PREMIERE GLOBAL SERVICES, INC.
- --------------------------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)

        Georgia                        000-27778                 59-3074176
- -----------------------------       ---------------        ---------------------
(State or Other Jurisdiction          (Commission             (IRS Employer
     of Incorporation)                File Number)          Identification No.)

      3399 Peachtree Road, N.E.,
     The Lenox Building, Suite 700
          Atlanta, Georgia                                      30326
- ------------------------------------------                   ------------
 (Address of Principal Executive Offices)                     (Zip Code)

Registrant's telephone number, including area code:        (404) 262-8400
                                                   -----------------------------

                                 Not Applicable
- --------------------------------------------------------------------------------
          (Former Name or Former Address, if Changed Since Last Report)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_|  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

|_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

|_|  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))

|_|  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))




ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT

On February 16, 2005, Premiere Global Services, Inc. ("PGI") and certain of its
wholly-owned subsidiaries entered into an Asset Purchase Agreement (the
"Purchase Agreement") with Citizens Communications Company ("Citizens") and its
wholly-owned subsidiary. Pursuant to the Purchase Agreement, PGI agreed to
purchase substantially all of the assets of the teleconferencing business of
Citizens (the "Acquisition") for a cash purchase price of approximately $41
million, net of working capital, and subject to further adjustment as provided
in the Purchase Agreement. The obligations of the parties to close the
Acquisition are subject to customary closing conditions, and the closing is
expected to occur late in the first qurter of 2005.

At the closing of the Acquisition, the purchase price will be funded by PGI's
existing bank credit facility.

The teleconferencing business of Citizens provides a full suite of audio and web
conferencing services.

ITEM 7.01 REGULATION FD DISCLOSURE

On February 16, 2005, PGI issued a press release relating to the Acquisition
described in Item 1.01 above. A copy of the text of the press release is
attached as Exhibit 99.1 hereto. The information in Exhibit 99.1 shall not be
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended, nor shall it be deemed incorporated by reference in any
filing under the Securities Act of 1933, as amended, except as shall be
expressly set forth by specific reference in such filing.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(c) Exhibits.

    Exhibit No.   Description
    -----------   -----------

       99.1       Press Release of Premiere Global Services, Inc. dated February
                  16, 2005.




                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                            PREMIERE GLOBAL SERVICES, INC.
                                            (Registrant)


                                            By:  /s/ L. Scott Askins
                                                 -------------------------------
                                                 L. Scott Askins
                                                 SVP - Legal and General Counsel

Date: February 16, 2005




                                  EXHIBIT INDEX

Exhibit No.       Description
- -----------       -----------

  99.1            Press Release of Premiere Global Services, Inc. dated February
                  16, 2005.

EX-99.1

                                                                    Exhibit 99.1

           Premiere Global Services to Acquire Citizens Conferencing;
                  Acquisition Expected to be Accretive in 2005

     ATLANTA--(BUSINESS WIRE)--Feb. 16, 2005--Premiere Global Services, Inc.
(NYSE: PGI), a provider of innovative ASP-based communication technologies for
business process automation, today announced it signed a definitive agreement to
acquire the conferencing services division of Citizens Communications Company
(NYSE: CZN), for $41 million net of working capital. The acquisition is expected
to close late in the first quarter of 2005, and the Company plans to fund the
purchase with its bank credit facility.
     Based in Chicago, Citizens Conferencing offers a full suite of audio and
Web conferencing services and is estimated to generate forward twelve month
revenue of approximately $21 million. The acquisition is expected to be
accretive to Premiere Global's revenues and earnings in 2005, and the Company
anticipates raising its financial outlook upon closing.
     "I am excited to add Citizens Conferencing to our growing Company," said
Boland T. Jones, Founder, Chairman and CEO of Premiere Global Services, Inc.
"They are remarkably similar to our current SME business, with comparable
customer profiles and sales levels. In addition, we believe their customers will
benefit from our full suite of communication technologies, including our
ReadyConference(R) Plus integrated Web conferencing service."

     About Premiere Global Services, Inc.

     Premiere Global Services, Inc., formerly Ptek Holdings, Inc., innovates and
markets communication technologies on our proprietary platform that automate and
enhance our enterprise customers' critical business processes.
     With approximately 2,200 employees in 18 countries around the world,
Premiere Global Services(SM) has an established customer base of greater than
45,000 corporate accounts, including a majority of the Fortune 500. Customers
use our services for a variety of business processes, including investor calls,
receivables collections, Web-based continuing education, confirmations of
securities trades and travel reservations, electronic statements and invoices,
local-access international conferencing, document capture and automation, e-mail
campaign marketing, mobile access and printing of documents, automated
prescription renewals and other applications.
     Our corporate headquarters is located at 3399 Peachtree Road NE, Suite 700,
Atlanta, GA 30326. Additional information can be found at
www.premiereglobal.com.

     Statements made in this press release, other than those concerning
historical information, should be considered forward-looking and subject to
various risks and uncertainties. Such forward-looking statements are made
pursuant to the "safe harbor" provisions of the Private Securities Litigation
Reform Act of 1995 and are made based on management's current expectations or
beliefs as well as assumptions made by, and information currently available to,
management. A variety of factors could cause actual results to differ materially
from those anticipated in Premiere Global Services' forward-looking statements,
including, but not limited to, the following factors: technological change; the
development of alternatives to our services; our ability to manage our growth;
integration of acquired companies; possible adverse effects on our financial
condition if we are unable to retain IBM as a customer at the levels currently
forecasted; possible adverse results of pending or future litigation or
infringement claims; service interruptions; competitive pressures, including
pricing pressures; general domestic and international economic, business or
political conditions; legislative or regulatory changes; increased financial
leverage; our dependence on our subsidiaries for cash flow; and other factors
described from time to time in our press releases, reports and other filings
with the SEC, including but not limited the "Risk Factors Affecting Future
Performance" section of our Annual Report on Form 10-K for the year ended
December 31, 2003. All forward-looking statements attributable to us or a person
acting on our behalf are expressly qualified in their entirety by this
cautionary statement.


     CONTACT: Premiere Global Services, Atlanta
              Investor Calls
              Sean O'Brien, 404-262-8462