Monet Mobile Networks Overview Rural Wireless ISP Showcase and Workshop Federal Communications Commission November 4, 2003 Monet Mobile Overview • America’s first commercial launch of cdma2000 EV-DO – October 2002 • Monet currently offers EV-DO service in six markets • Utilize licensed spectrum in the PCS band (1.9 GHz) • The only PCS operator to be providing “data only” service • Markets cover an approximate of population 1.5 million • Mix of business and consumers • Mix of computing devices Six EV-DO Markets in Service Local Coverage Areas Duluth-Superior Eau Claire Sioux Falls Fargo-Moorhead Bismarck Grand Forks Monet Overview • Strong Sponsorship: Qualcomm, Soros Private Equity, Mayfield Fund – Multiple rounds of equity and debt financing – Acquired PCS licenses • Operational Milestones – – – – Conducted comprehensive technology and vendor review Completed technology trials in Port Angeles, WA Signed infrastructure and financing agreement with LG Electronics Launched first data-centric 1x CDMA network in Sioux Falls, SD in 2001 – Put in place multi-channel distribution network • Launched EV-DO in 2002 – 60 Base Stations and data centers in Sioux Falls and Duluth Nation’s First 3G Data-Optimized Network Duluth EV-DO Coverage Monet Broadband Offers Monet Service Plans One time Activation Fee Monthly Service Fees Promotion Monet Freedom Monet Freedom PLUS Monet Freedom University Plan (Promotional) $29.95 $49.95 $39.95/mo. $59.95/mo. $19.95/mo. for the first two months with annual commitment. $39.95/mo. for the first two months with annual commitment. $29.95 $29.95/mo. Month to month commitment Monet’s Current Product PCMCIA Wireless Modem Card + USB CardReader = Mobile applications = Portable applications = Desktop applications Broad Availability Learn and Purchase online at www.monetmobile.com Broad Availability Multiple Distribution Channels: • Major Retailers • Over 50 local retail and dealer outlets focused on consumers and Obusiness small v direct sales team focus on • Monet e small, medium and large r enterprise • Two5key ISP wholesale partners 0 l o c Growing Awareness Print Advertising Growing Awareness Point of sale Security Bank Site – Sioux Falls 10th Street Water Tower - Fargo Suburban Sioux Falls Downtown Sioux Falls Moorhead Towers – Moorhead, MN Sioux Falls Data Center – Caching Servers Why EV-DO? • Standards based technology – Infrastructure and CPE cost curve – Roaming – backward compatible to 1xRTT – Operates in the licensed spectrum band • Ubiquitous coverage • No truck roll required • EV-DO fulfills the value proposition for both business and consumer segments – Speed – Mobility • Time to market – EV-DO is available - NOW For More Information 1-866-AT MONET info@monetmobile.com www.monetmobile.com