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

Bismarck Local Coverage Areas Duluth-Superior Fargo-Moorhead Sioux Falls Eau 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 Freedom University 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 Desktop applications + = = =

Broad Availability Learn and Purchase online at

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 partnersOver 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

10 th 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

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