Monet Mobile NetworksOverview

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

Bismarck

Local Coverage Areas

Duluth-Superior

Fargo-Moorhead

Sioux FallsEau Claire

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

Monet Freedom

Monet Freedom

PLUS

Monet FreedomUniversity

Plan(Promotional)

One time Activation Fee

$29.95 $49.95

$29.95

Monthly Service Fees

$39.95/mo. $59.95/mo. $29.95/mo.

Promotion $19.95/mo. for the first two months with annual

commitment.

$39.95/mo. for the first two months with annual

commitment.

Month to month commitment

Monet’s Current Product

USB CardReader

PCMCIA Wireless

Modem Card

Mobile applications

Portable applications

Desktopapplications

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Broad Availability

Learn and Purchase online at www.monetmobile.com

Broad Availability

Over 50 local retail and dealer outlets focused on consumersMonet Direct sales team focus on small, medium and large enterpriseTwo key ISP wholesale partners

Multiple Distribution Channels:

• Major Retailers• Over 50 local retail and dealer

outlets focused on consumers and small business

• Monet direct sales team focus on small, medium and large enterprise

• Two key ISP wholesale partners

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