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To: Alejandro who wrote (3836)2/14/1998 11:41:00 AM
From: DubM  Read Replies (2) | Respond to of 12468
 
Ali, if they have so much cash then why this?
Bill, i agree that some of us pull for WinStar as though it were our favorite team. I see nothing wrong with this as long as it does not lead to false information being posted. I consider myself an "owner" of WinStar, nor just an investor. Thanks for your response.
Dub
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Thursday February 12, 6:17 pm Eastern Time
Company Press Release
Teligent Issues $440 Million Of 11.5% Senior Discount Notes
VIENNA, Va.--(BUSINESS WIRE)--Feb. 12, 1998--Teligent Inc. (NASDAQ: TGNT - news) Thursday issued $440 million aggregate principal amount of its 11.5% Senior Discount Notes due in 2008.

The notes will be issued at a discount to their aggregate principal amount at maturity to generate gross proceeds to the company of approximately $250 million.

The proceeds will be used to finance the continued development of Teligent's business and deployment of its services and systems. The notes have not been registered under the Securities Act and may not be sold in the United States absent registration or an applicable exemption from registration requirements.

Teligent is building digital, fixed wireless networks that will be used to offer broadband voice, data and Internet services to small and medium sized business customers in 74 major metropolitan areas across the United States.



To: Alejandro who wrote (3836)2/14/1998 12:06:00 PM
From: Patrick O'Connor  Respond to of 12468
 
Ali,
Perhaps they are waiting for more appropriate and less expensive point-multipoint systems. 15000 lines vs 300,000 lines? What difference does that make? Both these companies are about getting customers or being bought out.



To: Alejandro who wrote (3836)2/14/1998 5:22:00 PM
From: Steven Bowen  Respond to of 12468
 
Ali,
re "I wonder why TGNT has not released these funds and blitzed all it's markets to start income."

Heck, spending the money on the network is the easy part.

But you have to get out and get roof rights. You need interconnect agreements. You need CLEC certification. You need capable personel and a good sales force. These are the type of things WinStar has been thru that takes years to develop. I don't think you can just start spending money and have all this stuff tomorrow. Teligent will still have to go down the path WinStar has, I don't think there any short cuts.