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Home > Company Index > Telecommunications > Local Telecom & Private Transmission Services > Teligent, Inc.
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Teligent, Inc. |
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NEWS FROM THE STANDARD |
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Covad Files for Chapter 11
Aug 16 2001 09:51 AM PDT
Rhythms to End Service, Fire 700
Aug 10 2001 01:18 PM PDT
Getting High On the Street
Jul 02 2001 12:00 AM PDT
The Layoff Payoff
Jun 25 2001 06:14 AM PDT
IDT Chairman Howard Jonas Resigns From Teligent's Board
May 25 2001 04:12 PM PDT
PROFILE |
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In Teligent's world, wireless is the way. The CLEC (competitive local-exchange carrier) is building local digital microwave networks to serve businesses. Teligent uses its wireless systems to bypass the regional Bells in offering local and long-distance voice, broadband Internet access, Web hosting, and other data transport services. Teligent has launched network operations in 43 US markets and with other carriers is developing networks elsewhere. But CLECs face an uphill fight against incumbent carriers, and Teligent has struggled to make payments on its debt; to cut costs, the company has cut 40% of its workforce, and it has filed for bankruptcy protection. Long-distance carrier IDT owns 54% of Teligent.
COMPETITION |
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BellSouth Corporation (BLS)
SBC Communications Inc. (SBC)
Verizon Communications Inc. (VZ)
DEALS |
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Deal: Teligent Buys Executive Conference
Date Announced: 10.03.00
Value of transaction (US $Mil): 74
Description: Wireless communications firm buys teleconferencing systems developer.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 152.10
1-Yr. Sales Growth: 385.9%
Employees: 2,357
Revenue per employee: $64,531.18
KEY PEOPLE |
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Yoav Krill
CEO
Norman Klugman
CFO
CONTACT INFO |
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8065 Leesburg Pike, Ste. 400
Vienna, VA 22182
US
Phone: 703-762-5100
Fax: 703-762-5200
Online: Web Site
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Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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