Teligent, Inc.
Proposed Ticker:TGNT 8065 Leesburg Pike
Exchange:NASDAQ-National Market Vienna, VA 22182
Industry:Service (SIC Code 4812) (703) 762-5100
# of Employees:0

Filing Information
Type of Shares:Class A Common Shares Filing Date:10/7/97
U.S. Shares Filed:0 Filing Price: -
Non-U.S. Shares Filed:0 Offering Amount: $125,000,000
Primary Shares:0 Expenses: -
Secondary Shares:0 Shares Out After:

Primary Underwriting Group
ManagerTierPhone
Merrill Lynch & Co.Lead Manager (212) 449-4600
Bear, Stearns & Co. Inc.Co-manager (212) 272-4850
Goldman, Sachs & Co.Co-manager (212) 902-5959
Salomon Brothers Inc.Co-manager (212) 783-2947

Legal Counsel, Auditor and Registrar
Issuer's Law Firm: Skadden, Arps, Slate, Meagher & Flom
Bank's Law Firm: Shearman & Sterling
Auditor: Ernst & Young

Selected Financial Data

Dollar amounts in U.S. millions except for per share data
Full Year
Audited
Income
Latest
Unaudited
Income
Prior
Unaudited
Income
Balance
Sheet
12/31/96 12/31/96
Revenue:$1.39Assets:$5.15
Net Income:-$12.63Curr Assets:$1.50
EPS:Liabilities:$8.72
Prior EPS:Curr Liabilities:$8.43
Cash Flow/Oper:-$6.05Equity:-$3.57
Cash Flow/Fin:$11.06Cash:$1.30
Cash Flow/Inv:-$3.71Working Cap:-$6.93

Business Description
The company intends to be a premier provider of high quality, low cost voice, data and video telecommunications services primarily to small and medium-sized businesses through its own fixed local point-to-multipoint broadband networks.

Use of Proceeds
The proceeds from the proposed offering will be used for general corporate purposes.

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