Renegotiations of loss-making projects finalized

The renegotiation of the last major difficult project is now
finalized. The agreement gives positive effect on both cash flow and
profitability. The new agreement is a prerequisite to continued
discussions on financing of Teligent. Management now believes there
is a good possibility to secure long term financing."It is a sign of the strengths for our solution and organization to
have concluded this last and most complicated renegotiation. It is
very positive to have this agreement as a firm base for ongoing
financing discussions. Our opinion is still that all questions
regarding the financing of Teligent will be answered during June."
Says Henrik Sund, CEO of Teligent.



For further  information:

Henrik Sund
CEO
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. 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, Deutsche Telekom, MTS, Maroc Telecom, SingTel, SMART,
Telenor, TeliaSonera, Verizon and Vodafone.