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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: DubM who wrote (4539)3/18/1998 2:22:00 PM
From: MangoBoy  Read Replies (1) | Respond to of 12468
 
[Wireless-Telecom Company Teligent Hopes To Expand Overseas]

per techstocks.com, this is a priority for WCII also. perhaps this will pique WCII's interest in ARTT's U.K. and Scandinavian spectrum. per their most recent CC, ARTT has no current plans to go international.

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NEW YORK -(Dow Jones)- Teligent Inc., a wireless-telecommunications firm with ambitious plans to build a national system of local phone networks, expects to begin offering services overseas next year.

Speaking at an investors' conference in New York Wednesday, Teligent chairman and chief executive officer Alex Mandl said the company is in "preliminary discussions" with potential partners to offer its services abroad. Mandl said international business was an opportunity "we clearly expect" sometime next year.

Mandl also said Teligent will be the first company of its kind to make commercially available points-to-multipoint service. Under such technology, a company like Teligent can beam phone calls from one satellite dish to various other locations. Previously, the technology had a line of sight requirement under which calls had to be transferred from one dish to another.

Teligent's rivals, which include Winstar Communications Inc., Advanced Radio Telecom Corp. and the BizTel unit of Teleport Communications Group Inc. have also examined the technology. Mandl said the company Wednesday morning placed a point-to-multipoint phone call between offices in Los Angeles and Washington, D.C.

Teligent has received a great deal of attention mostly because of Mandl, former president of AT&T Corp. Although the company is still in startup mode and doesn't yet have any significant revenue, it expects to be up and running in at least 10 markets in 1998 and 20 markets in 1999. "To the extent that we can accelerate that, we will do that," said Mandl.

The company plans to offer a package of low-cost, high-capacity voice, data and Internet services to small and medium-size business customers. Teligent's offerings include local and long-distance calling, and high-speed data transmission. Teligent's service is based on a "fixed wireless" system that uses digital-radio gear instead of regular phone wires.

Teligent is among a group of so-called competitive local exchange carriers, or CLECs, which hope to steal business away from the Baby Bells and other established local carriers. CLECs have been hot properties on Wall Street but many have posted losses as they expand their networks. Market watchers say Teligent has enough money to quickly build systems in the 30 largest markets.