Teligent-Jazztel Partnership Wins Nationwide Spectrum License in Spain
VIENNA, Va., March 10 /PRNewswire/ -- Teligent, a global leader in broadband communications, and its Spanish partner Jazztel, today were awarded a national license to provide fixed wireless, broadband voice and data services to customers throughout Spain.
The license for radio spectrum in the 26 GHz band was one of only three national licenses granted by the Spanish regulatory authority, the Ministry of Development. The licensed spectrum covers all of Spain.
``We're delighted the Spanish regulator recognized the breadth and depth of the Teligent-Jazztel partnership with a national license award,' said Teligent International President Richard J. Hanna. ``Combining Teligent's technical expertise and deployment experience with Jazztel's local fiber optic networks, the partnership will offer one of the best solutions for bringing competitive local and Internet access to business and residential customers throughout Spain.'
The joint venture was formed in November 1999 by Teligent and Jazztel, a competitive communications company serving Spain and Portugal, to apply for the national fixed wireless spectrum license.
Antonio Carro, Chief Executive Officer of Jazztel commented, ``We knew from the start Teligent was the right partner for us to successfully win a license and now build out the infrastructure. Our partnership really is only just beginning and we are sure we will be successful together in the Spanish market.'
With the new license, the partnership will launch high-bandwidth communications services using Teligent's advanced broadband SmartWave(TM) technology. Under initial plans, the new networks would cover more than 100 cities throughout Spain. Jazztel is building a nationwide fiber optic network connecting Spanish business centers with direct broadband access.
Spain is the fourth international market in which Teligent or a Teligent partnership has been granted authority to offer fixed wireless communications services. In addition to Spain, Teligent has fixed wireless licenses in Germany, Hong Kong and Argentina.
Last week, Teligent announced a partnership with Telcom Ventures to build fixed wireless networks in Argentina with the 24-25 GHz spectrum licenses awarded to affiliates of Telcom Ventures. In February, Teligent announced a major partnership with Mannesmann Arcor to build and operate fixed wireless networks with the 26 GHz spectrum licenses awarded to Teligent and the 3.5 GHz and 26 GHz licenses awarded to Mannesmann Arcor.
In January, Teligent won a market-wide license to provide fixed wireless services in Hong Kong with partners HKNet and CCT Telecom. Teligent has applied for spectrum licenses to develop fixed wireless networks in France with LD COM and Artemis. Teligent also is exploring other opportunities in Europe, Latin America and Asia.
About Teligent's broadband networks
Teligent's local communications networks represent the integration of the latest advances in high-frequency microwave technology with traditional broadband wireline equipment. Together these technologies enable Teligent to increase its local network efficiency and significantly lower network costs.
Teligent delivers fixed wireless services by installing small antennas on the
roofs of customer buildings. When a customer makes a telephone call or
accesses the Internet, the voice, data or video signals travel over the
building's internal wiring to the rooftop antenna. These signals are then
digitized and transmitted to a "base station" antenna on another building,
usually less than three miles away.
Each base station antenna gathers signals from a cluster of surrounding customer buildings, aggregates the signals and then routes them to a broadband switching center. At the switching center, ATM (Asynchronous Transfer Mode) switches and data routers distribute the traffic to other networks, such as public circuit-switched voice networks, packet-switched Internet and private data networks.
About Jazztel
Jazztel is a leading facilities-based telecommunications and Internet service provider that is constructing a fiber-optic telecommunications network to be the first Iberian competitive local exchange carrier (CLEC). Jazztel already has over 4,200 kilometers of backbone fully operational as well as over 350 km of local access networks. The Jazztel group is integrated as well by Jazztel Internet Factory, S.A. an Internet content provider (offering the portal ya.com) and by a Portuguese subsidiary, Jazztel Telecomunicacoes, which was recently awarded a wireless access license in Portugal.
About Teligent
Based in Vienna, Va., Teligent, Inc. (Nasdaq: TGNT - news) is a global leader in broadband communications offering small and medium-sized business customers local, long distance, high-speed data and dedicated Internet services over its digital SmartWave local networks in 40 major markets throughout the United States. The company is working with international partners to extend its reach into Europe, Asia and Latin America. Teligent's offerings of regulated services are subject to all applicable regulatory and tariff approvals.
For more information, visit the Teligent website at: teligent.com.
Teligent and SmartWave are the exclusive trademarks of Teligent, Inc.
Except for any historical information, the matters discussed in this press release contain forward-looking statements that reflect the company's current views regarding future events. These forward-looking statements involve risks and uncertainties that could affect the company's growth, operations, markets, products and services. The company cannot be sure that any of its expectations will be realized. Factors that may cause actual results, performance or achievement to differ materially from those contemplated by its forward looking statements include, without limitation: 1) The negotiation and execution of the definitive agreements with respect to the company's international partnerships; 2) The receipt of all required approvals and consents from governmental authorities; 3) The success of the company and its partners in obtaining spectrum licenses in new markets; 4) The merger of Mannesmann AG and Vodafone Airtouch PLC; 5) The company's pace of entry into new markets; 6) The time and expense required to build the company's planned network and ISP infrastructure; 7) The impact of changes in tlecommunications laws and regulations; 8) General economic and competitive conditions; 9) Technological developments; 10) Other factors discussed in the company's filings with the Securities and Exchange Commission.
SOURCE: Teligent |
