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Teligent AB The renegotiation of the last major difficult project is now finalized. The agreement gives positive effect on both cash flow and profitability. The new agreement is a prerequisite to continued discussions on financing of Teligent. Management now believes there is a good possibility to secure long term financing.
"It is a sign of the strengths for our solution and organization to have concluded this last and most complicated renegotiation. It is very positive to have this agreement as a firm base for ongoing financing discussions. Our opinion is still that all questions regarding the financing of Teligent will be answered during June." Says Henrik Sund, CEO of Teligent.
For further information:
Henrik Sund CEO Teligent AB Tel. +46 8 520 660 00
About Teligent Teligent (TGNT, Stockholm Stock Exchange) is a global supplier of value added services to telecommunications carriers. The offering includes e.g. traditional and Next Generation Messaging and advanced IN solutions supporting data capabilities, such as Mobile Office/IP Centrex, Mobile Prepaid and Mass Calling. All solutions are based on the generic Teligent Application Server - a true single platform concept for convergent service development and conforming to the 3GPP IP Multimedia Subsystems (IMS). The company's solutions are currently utilised in various configurations by a large number of leading carriers worldwide, including BT, Deutsche Telekom, MTS, Maroc Telecom, SingTel, SMART, Telenor, TeliaSonera, Verizon and Vodafone.
