STOCKHOLM, Sweden, March 08, 2004 (PRIMEZONE) -- Teligent has been awarded a deal regarding a network platform for mass calling to a leading telecom operator in Southeast Asia. The platform will initially be used to provide high volume televoting and SMS voting services with optional expansions. The new multi-million Euro deal is of significant value and strengthens Teligent's position as a leading vendor of high-end mass calling and voting service platforms.
"The televoting and SMS voting service segment represent an interesting growth potential for Teligent over the next few years as these services have been recognised as important revenue opportunities for many operators globally," said Ulf Lindsten, CEO of Teligent. The order received marks the most important achievement for Teligent so far in the Asia-Pacific region and is a result of the Teligent global market positioning strategy which is focused at addressing growth markets in the product area Teligent is active. The contract has been reached through the branch office in Singapore, established within the globalisation strategy to target specific markets in the Asia-Pacific region.
"This region is of significant importance for the Teligent long-term growth strategy and this agreement positions us as a key service platform vendor in this expansive area of the global telecom market," concluded Ulf Lindsten.
About Teligent
Teligent develops, markets and sells advanced value added services for telecommunications networks. The services and applications provided by the company are based on the generic service development platform, the Teligent P90/E. Teligent's solutions are currently utilised by leading telecom operators, for example AT&T Wireless, BT, Cingular, Maroc Telecom, T-Mobile USA, Telefonica, Tele2, Telia and members of the Vodafone group. Teligent was founded in 1990 and has been listed on the Stockholmsborsen (the Stockholm Stock Exchange) since 1999. With offices throughout the Americas, Asia/Pacific, Europe and the Middle East as well as international partnerships, the company combine global reach with expertise in local market requirements. Teligent has approximately 270 employees and had in 2003 a turnover of SEK 255 millions. For further information please visit www.teligent.se
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