Here is a little company doing some of the same work USRF is doing. Kind of validates the idea, huh. Check out the quote about "little antennas on roofs" Now picture true wireless. Oh by the way, TGNT has a $2.0 Billion...billlion...billion market cap!!!! USRF has a long way to go before its overvalued IMO... $2.0 Billion on $ 480 K in sales. Beautiful...
This company advertised on Philadelphia radio stations today on the day of their press release. I am going to call to get the details.
PS>> Isn't the internet telephony the stuff that Woodcomm does?? This is the little company all USRF shareholders as of January 29, 1999 will own.. Beautiful...
Wednesday January 20, 8:50 am Eastern Time
Company Press Release
SOURCE: Teligent, Inc.
Teligent Introduces Revolutionary, Lower-Cost Communications Services In Atlanta, Boston, Philadelphia and Wilmington
SmartWave(TM) Technology Puts Small and Medium-Sized Businesses On the 'E-Map' in 19 Markets Across the Country
VIENNA, Va., Jan. 20 /PRNewswire/ -- Teligent today launched its revolutionary, high-bandwidth communications services for small and medium- sized businesses in four new markets -- Atlanta, Boston, Philadelphia and Wilmington, Del. With today's launch, Teligent now serves customers in 19 of the nation's top markets.
Teligent offers customers savings of up to 30 percent on local, long distance, high-speed data and dedicated Internet services. Using its digital SmartWave(TM) technology, Teligent gives smaller businesses the high network speed and capacity -- up to 45 megabits per second -- previously available only to larger companies at much higher prices.
''Today we've brought the communications revolution to small and mid-sized companies in four major business centers -- Atlanta, Boston, Philadelphia and Wilmington,'' said Teligent Chairman and CEO Alex J. Mandl. ''That means big savings, bigger bandwidth and better service to the fastest growing segment of the U.S. economy.
''With the explosion of e-commerce and the data market,'' Mandl added, ''Teligent enables smaller businesses to benefit directly with faster Internet access and higher data network speeds. In a very real sense, Teligent is putting businesses on the e-map.''
Including the markets announced today, Teligent service is now available in New York, Los Angeles, Chicago, Houston, Philadelphia, Dallas-Fort Worth, San Antonio, San Jose, San Francisco-Oakland, Jacksonville, Washington DC, Boston, Austin, Denver, Atlanta, Miami, Orlando, Tampa and Wilmington, Del.
Together, those 19 markets comprise more than 375 cities and towns with a combined population of more than 60 million. By year-end, Teligent expects to offer service in 40 markets across the country.
Among Teligent's first customers is the Rudin Management Company, Inc., based in New York City. Rudin selected Teligent to provide communications services for its most recent project at the New York Information Technology Center at 55 Broad Street in lower Manhattan, which houses more than 80 new media companies.
''Teligent has proven to be a valuable partner in helping Rudin meet its tenants' vast technological needs,'' said John J. Gilbert, Rudin's chief technology officer and executive vice president. ''Rudin is creating new ways to distribute telecommunications bandwidth within buildings, and Teligent is working hard to help us make that goal a reality.''
Teligent offers small and medium-sized companies a flat monthly bill that represents savings of up to 30 percent off the rates they pay their current local telephone company, national long distance carrier and Internet provider.
To qualify for the maximum discount, customers switch their existing service -- local, long distance or Internet -- and sign up with Teligent for a minimum of one year. Teligent averages several representative bills from the customer's current carriers and deducts 30 percent. That figure becomes the customer's new flat monthly rate. In most cases, it's as simple as that. Local and Internet service are unlimited. If customers wish to increase their long distance usage over current levels, they can purchase more service at attractive prices.
Teligent service also features e-magine(TM), an interactive, Web-based business management tool that transforms a customer's communications bill into a simple, predictable package. Using their Internet browser, customers can access their billing and account information anytime they choose. e-magine(TM) allows them to sort and analyze calls by account code, originating number or other criteria -- virtually any way they like. And they also can download data for their own use -- every day. That means they won't have to wait for a paper bill to arrive in the mail every month to keep abreast of their communications activity.
Many of the benefits that Teligent offers its customers -- simplicity, service, savings and speed -- are the direct result of its digital SmartWave(TM) technology.
''SmartWave(TM) technology enables us to deliver a lower-cost, high-speed solution for small and mid-sized businesses, so they can compete with any company, no matter how big,'' said Teligent President and Chief Operating Officer Kirby G. Pickle Jr.
SmartWave(TM) technology represents a marriage of proven high-frequency radio transmission equipment with latest advances in point-to-multipoint radio technology, enabling Teligent to increase its local network efficiency and reduce network costs.
Instead of digging up streets, Teligent delivers service by installing small antennas on the roofs of customer buildings. When a customer picks up a telephone, turns on a computer or activates a videoconference, the signal travels over inside wiring to the rooftop antenna. The customer building antenna then relays the voice, data or video signals to a Teligent base station antenna.
The base station antenna gathers signals from a cluster of surrounding customer buildings, aggregates the signals and then routes them to a Teligent broadband switching center. At the switching center, Teligent uses ATM (asynchronous transfer mode) switches and data routers along with Nortel DMS switches to hand off the traffic to other networks -- the public circuit- switched voice network, the packet-switched Internet, and private data networks.
As it builds its local networks, Teligent is combining the latest in point-to-multipoint radio technology with more traditional network technology, including point-to-point fixed wireless and broadband wireline, to access its customers. Point-to-multipoint radio technology offers significant cost savings because it allows a single base station to serve a large cluster of customer buildings.
SmartWave(TM) technology is configured to handle both voice and data traffic with equal ease, ensuring that Teligent can handle today's huge volume of voice traffic and at the same time is prepared for the coming data traffic explosion.
Teligent's service offering is supported by a skilled communications workforce that has grown to more than 1,500 employees. Teligent teams now are deployed in 37 markets across the country, building Teligent's local communications networks.
Teligent's new offices are located at:
Atlanta Boston
3480 Preston Ridge Road, Suite 250 100 Summer Street, 30th floor
Alpharetta, Georgia 30005 Boston, Massachusetts 02110
678-297-2300 617-556-5400
Philadelphia - Wilmington
One Bala Plaza, Suite 326
Bala Cynwyd, Pennsylvania 19004
610-660-7020
Based in Vienna, Va., Teligent, Inc. (Nasdaq: TGNT - news) is a full-service, integrated communications company that is offering small and medium-sized business customers local, long distance, high-speed data and dedicated Internet services over its digital SmartWave(TM) local networks in 19 major markets. Eventually, Teligent will expand service to 74 major metropolitan areas throughout the United States. Teligent's offerings of regulated services are subject to tariff approval.
For more information, visit the Teligent website at:
teligent.com
Teligent is a registered trademark.
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, key employee, competitive, governmental, regulatory and technological factors affecting the company's growth, operations, markets, products, services, licenses and other factors discussed in the company's filings with the Securities and Exchange Commission. Actual results may vary materially due to these and other risks and uncertainties.
SOURCE: Teligent, Inc. |
