24-Time World Champion New York Yankees Tap Teligent as Hot New Recruit for Telecom Service.VIENNA, Va.--(BUSINESS WIRE)--April 7, 1999--The New York Yankees "We are honored that an organization known for superior performance - from its players, to its coaching staff, to its front office selected Teligent's digital SmartWave(tm) service over all the other competitive offerings," said Richard J. Hanna, President of Teligent Field Operations. "The Yankee organization is the country's most famous mid-sized business. Like many other small and medium-sized businesses, the Yankees are looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. flexible, broadband communications services that can help their company operate more effectively and at the same time, reduce the costs of their operation. That is what Teligent can provide," Hanna added. "We are looking forward to Teligent's ability to deliver added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
As part of its agreement with the New York Yankees, Teligent has agreed to sponsor signage in left field at Yankee Stadium • • [ . The company also will be featured in a special section on the Yankees website (www.yankees.com). Teligent's local communications networks represent the marriage of the latest advances in point-to-multipoint microwave technology with proven high-frequency radio transmission equipment and other traditional technologies, including broadband wireline. The integration of these technologies enables Teligent to increase its local network efficiency and significantly lower network costs. With its SmartWave(tm) technology, 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 A switching center is a node in a telecommunications Circuit switching network which is connected to either another switching center and/or to end user devices. Switching centers are aware of other centers and possible routes between them such that on demand a center can establish . At the switching center, Teligent uses ATM (asynchronous transfer mode See ATM. (communications) Asynchronous Transfer Mode - (ATM, or "fast packet") A method for the dynamic allocation of bandwidth using a fixed-size packet (called a cell). See also ATM Forum, Wideband ATM. ATM acronyms. Indiana acronyms. ) switches and data routers along with Nortel DMS (1) (Document Management System) See document management. (2) (Defense Messaging System) An X.500-compliant messaging system developed by the U.S. Dept. of Defense. switches to hand off the traffic to other networks - the public circuit-switched voice network, the packet-switched Internet, and private data networks. Based in Vienna, Va., Teligent, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :TGNT) 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 26 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: www.teligent.com Except for any historical information, 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. |
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