STOCKHOLM, Sweden, Jan. 30, 2004 (PRIMEZONE) -- Successful acquisition lays foundation for Teligent in Russia and new orders in Spain and U.K.
In late September 2003 Teligent acquired Telspec's Network Service Division. The integration of the division is now reaching its final stages and Teligent has started to gain new businesses out of the acquisition.
"We were convinced when we made the acquisition that there would be synergies both within client installations, market positions, organisation and technology. Of course, I am happy to be able to announce these early achievements resulting from the acquisition," commented Ulf Lindsten, president and CEO of Teligent.
During this first period of time Teligent has supplied three Teligent P90/E systems in Russia as a direct result of the acquisition. The installations were first used in the "President's Hot Line" -- an opportunity for ordinary Russian people to talk directly to President Putin. The lines were open from 15th December for callers to record messages and questions for the president -- culminating in a live three- hour phone-in on Russian TV and radio on the 19th.
The three Teligent P90/E systems were installed in the southern Russian cities of Volgograd, Stavropol and Nalchik. Calls from these systems were used during the live programme.
Teligent's customer, JSC Southern Telecommunications Company ("STC"), is one of the 7 mega-regional telephone companies making up the Russian PTT. STC has one of the most modern telecoms networks in Russia and serves a region with a population of over 18 million with over 3 million telephone lines. The sale was made through Teligent's partner in Russia, Moscow-based 3AO "Akantis". Based on the success of previous installations with the acquired Telspec division, this project is the first Teligent P90/E sale in Russia.
Sergei Khartchenko, the Technical Director of STC commented, "The Teligent systems were delivered and installed very rapidly and fulfilled their purpose exactly. STC has selected Teligent as a strategic supplier of Intelligent Network systems and services and look forward to further projects together in the future."
In addition to the deliveries in Russia, Teligent has received further orders in Spain and U.K. as a direct result of the acquisition in September. BT Global Services has placed an order in Spain and BT in U.K. has continued with further developments and orders related to the important reference installation for Mass Calling.
For further information, please contact:
Ulf Lindsten, CEO & President Fredrik Backlund, Corporate
Teligent AB Communications
Tel. +46-(0)8 520 660 50 Teligent AB
ulf.lindsten@teligent.se Tel. +46-(0)8 520 660 03
fredrik.backlund@teligent.se
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.
This information was brought to you by Waymaker http://www.waymaker.net
The following files are available for download:
http://www.waymaker.net/bitonline/2004/01/30/20040130BIT00240/wkr0001.doc
http://www.waymaker.net/bitonline/2004/01/30/20040130BIT00240/wkr0002.pdf