An American telecommunications services company is to create 200 new jobs in Waterford and Sligo over the next three years.

Backed by IDA Ireland, the development by Allstate Sales Group (ASG) Inc will be the company's first operation outside of the USA since it was founded in 2008.

ASG announced the news this evening at the IDA business park in Waterford city and simultaneously in Sligo.

It will establish a presence at WorkLab Waterford and the IT Sligo Campus Innovation Centre during the Irish start-up phase, while it is looking for permanent office space in both locations, with 100 jobs to be provided in each base.

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