Teligent sells its Asian subsidiaries

On 28 August, the Board of Teligent AB decided to sell its
subsidiaries in Singapore, Malaysia and the Philippines.

During the first six months of the year, Teligent's Asian
subsidiaries had a turnover of MSEK 3,8 and reported a positive
contribution of MSEK 0,1."This creates good possibilities for Teligent's previous investment
in Asia to develop under new management", says Jan Rynning, Chairman
of the Board.


For more information, please contact:
Jan Rynning
Chairman of the Board, 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. The company's solutions are
currently utilised in various configurations by a large number of
leading carriers worldwide, including BT, MTS, Maroc Telecom,
SingTel, SMART, Telenor, TeliaSonera, Verizon and Vodafone. For more
information, please visit www.teligent.se