Teligent AB's Mobile Office business sold

On 7 October 2008, the Board of Teligent AB decided to sell its
Mobile Office business. During the first six months of the year, the
Mobile Office entity had a turnover of MSEK 28,1 and reported a
negative contribution of MSEK -7,8.

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 reorganisation according to the law on
Company Reorganisations. The Board's strategy is to sell the
different business entities and subsequently carry out a public
composition. The sale of the Mobile Office 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, the Messaging business, the Umeå development business as
well as the Russian and Asian businesses. Discussions about selling
off the remaining entities Teligent UK and the SIM business are
ongoing. Teligent has received offers for both entities and talks are
being held."We expect that the new independent Mobile Office, which focuses
exclusively on wireless PBX, will show profitable growth in the
future, as it did for the year 2007", says Björn Svennesson, Manager
Business Unit Mobile Office."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