ALJ/TOM/sid Mailed 5/28/2004

Decision 04-05-051 May 27, 2004

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

Application for Expedited Ex Parte Approval of Transfer of Control of Teligent, Inc. and Teligent Services, Inc. to Aspen Partners - Series A, A Series of Aspen Capital Partners, L. P.

Application 04-04-007 (Filed April 5, 2004)

OPINION AUTHORIZING TRANSFER OF CONTROL OF TELIGENT, INC.

AND TELIGENT SERVICES INC. TO ASPEN PARTNERS - SERIES A

Summary

This decision grants the joint application of Teligent, Inc. (Teligent), Teligent Services, Inc. (TSI) and Aspen Partners - Series A (Aspen - Series A), a series of Aspen Capital Partners, L. P. (Aspen) for expedited approval of the indirect transfer of control of TSI to Aspen - Series A, pursuant to Sections 852 and 854.¹