Teligent adjusts its assessment of the Q4 2006 forecastTeligent adjusts its assessment of the forecast of order intake, net sales and net income for Q4 2006. The Board of Directors of Teligent has decided to adjust its assessment of the forecast of order intake, net sales and net income for the fourth quarter of 2006. Order intake, net sales and net income are now deemed to be in line with the third quarter figures. Previously, the Board estimated that order intake, net sales and net income for the fourth quarter would be significantly better than in the third quarter. The change in the Board's assessment is due to orders arriving later than expected, the fact that documentation for these orders is not finalised, and to increased costs on project deliveries. The year-end report including the fourth quarter and full-year 2006 will be published on 30 January 2007. For further information, please contact:Tomas Duffy, CEO & PresidentTeligent ABTel. +46 8 410 72 76tomas.duffy@teligent.sePaul Hastings, CFOTeligent AB Tel. +46 8 410 172 26 paul.hastings@teligent.se About TeligentTeligent (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. All solutions are based on the generic Teligent Application Server - a true single platform concept for convergent service development and conforming to the 3GPP IP Multimedia Subsystems (IMS). The company's solutions are currently utilised in various configurations by a large number of leading carriers worldwide, including BT, Cingular, SingTel, SMART, Telenor, TeliaSonera, Verizon and Vodafone. For further information please visit www.teligent.seAttachment: Press release (pdf)Text version / Internet version / Print / Close
Teligent adjusts its assessment of the Q4 2006 forecast
| Source: Teligent AB