Teligent AB's Messaging business sold

On 5 September 2008, the Board of Teligent AB decided to sell its
Messaging business. During the first six months of the year, the
Messaging entity had a turnover of MSEK 58,2 and reported a negative
contribution of MSEK -0,4.

Teligent has for a long time endured profitability problems and
despite measures taken, it has not been possible to secure the
necessary financing for the company. The Parent company is therefore
currently undergoing a company restructuring according to the law on
Company restructuring. The Board's strategy is to sell the different
business entities and subsequently carry out a public composition.
The sale of the Messaging business is part of this strategy. The
Board's strategy is supported by the company's creditors.

Previously, the Board has informed the market about the sale of Trio
Enterprise and the Asian businesses. Discussions about selling off
the remaining entities such as Mobile Office, Teligent Russia,
Teligent UK and the SIM business are ongoing. Teligent has received
offers for all business entities and negotiations are ongoing.

It is a prerequisite for a successful restructuring that Teligent is
able to pay its outstanding supplier bills received during the
restructuring phase. As a consequence of Svenska Handelsbanken's
decision on 21 August to block all unspent credits such as factoring
and the check account credit, it has therefore been necessary to
significantly speed up the sales process.

The Board's objective is still to avoid bankruptcy through carrying
out a public composition with the company's creditors. The Board is
also keen that an eventual de-registration from the Stock Exchange is
not executed until a new business for the company has been
identified."Under the present circumstances, the current strategy is in our view
the best way to secure as many jobs as possible and provides the best
basis for our creditors to receive as large dividends as  possible on
their outstanding claims and naturally also, to the extent possible,
for saving value for the shareholders", 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