The City of Fitzgerald, Georgia

City of Geneva Page: 46 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Service Penetration

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Basic 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Expanded Basic 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% Business Basic 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% Line Maintenance Plan 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% Set Top with Remote 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% Additional Digital Converter 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% HBO Analog Only 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% HBO Digital Group 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% Cinemax Digital Group 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% Showtime Digital Group 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% The Movie Channel Digital Group 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% Starz/Encore Group 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% Encore 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Showtime Digital Combo (Show, TMC, Flix & Sundance 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% HBO Digital Group/Cinemax Digital Group 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% Digital Basic Tier with Music Choice 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% Video on Demand Movies & Events 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% Advertising Sales 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Open 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Open 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Open 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Late Charges 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% Pay Per View Movies 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% Pay Per View Channels 6666666666

Commercial Basic 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Commercial HBO 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% Commercial Pay Per View 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 47 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Service Penetration (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Residential Standard High Speed Data - Level 1 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% Silver High Speed Data - Level 2 1.95% 3.70% 4.60% 5.50% 6.40% 7.30% 8.20% 9.10% 10.00% 10.90% Gold & Platnimum High Speed Data - Level 3 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% High Speed Data - New Installations - New Market 4.12% 5.87% 6.77% 7.67% 8.57% 9.47% 10.37% 11.27% 12.17% 13.07%

High Speed Data - Level 1 - Remarket 0.11% 0.11% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% High Speed Data - Level 2 - Remarket 0.29% 0.29% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% 0.39% High Speed Data - Level 3 - Remarket 0.21% 0.21% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% High Speed Data - New Installations - Remarket 0.62% 0.62% 0.92% 0.92% 0.92% 0.92% 0.92% 0.92% 0.92% 0.92%

High Speed Data Penetration to Homes Passed 6.44% 13.19% 13.19% 13.20% 13.22% 13.24% 13.28% 13.32% 13.37% 13.43% Residential Modem Rental 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Commercial Standard Business High Speed Data - Level 1 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% Standard Business High Speed Data - Level 2 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% Business Plus High Speed Data - Level 1 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% Business Plus High Speed Data - Level 2 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% Business Elite High Speed Data - Level 1 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% Business Elite High Speed Data - Level 2 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% Direct Business High Speed Data - Level 1 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% Direct Business High Speed Data - Level 2 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% Commercial High Speed Data - New Installations 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% Commercial High Speed Data - To Units Passed 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 44 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Customer Rate Summary

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Basic $131.40 $131.40 $135.34 $139.40 $143.58 $147.89 $152.33 $156.90 $161.61 $166.45 Expanded Basic $282.60 $282.60 $291.08 $299.81 $308.80 $318.07 $327.61 $337.44 $347.56 $357.99 Business Basic $414.00 $414.00 $426.42 $439.21 $452.39 $465.96 $479.94 $494.34 $509.17 $524.44 Line Maintenance Plan $23.40 $23.40 $24.10 $24.83 $25.57 $26.34 $27.13 $27.94 $28.78 $29.64 Set Top with Remote $12.00 $12.00 $12.36 $12.73 $13.11 $13.51 $13.91 $14.33 $14.76 $15.20 Additional Digital Converter $71.40 $71.40 $73.54 $75.75 $78.02 $80.36 $82.77 $85.26 $87.81 $90.45 HBO Analog Only $143.40 $143.40 $143.40 $147.70 $147.70 $147.70 $152.13 $152.13 $152.13 $156.70 HBO Digital Group $143.40 $143.40 $143.40 $147.70 $147.70 $147.70 $152.13 $152.13 $152.13 $156.70 Cinemax Digital Group $119.40 $119.40 $119.40 $122.98 $122.98 $122.98 $126.67 $126.67 $126.67 $130.47 Showtime Digital Group $131.40 $131.40 $131.40 $135.34 $135.34 $135.34 $139.40 $139.40 $139.40 $143.58 The Movie Channel Digital Group $107.40 $107.40 $107.40 $110.62 $110.62 $110.62 $113.94 $113.94 $113.94 $117.36 Starz/Encore Group $131.40 $131.40 $131.40 $135.34 $135.34 $135.34 $139.40 $139.40 $139.40 $143.58 Encore $71.40 $71.40 $71.40 $73.54 $73.54 $73.54 $75.75 $75.75 $75.75 $78.02 Showtime Digital Combo (Show, TMC, Flix & Sundance $155.40 $155.40 $155.40 $160.06 $160.06 $160.06 $164.86 $164.86 $164.86 $169.81 HBO Digital Group/Cinemax Digital Group $234.00 $234.00 $234.00 $241.02 $241.02 $241.02 $248.25 $248.25 $248.25 $255.70 Digital Basic Tier with Music Choice $131.40 $131.40 $131.40 $135.34 $135.34 $135.34 $139.40 $139.40 $139.40 $143.58 Video on Demand Movies & Events $132.00 $132.00 $132.00 $135.96 $135.96 $135.96 $140.04 $140.04 $140.04 $144.24 Advertising Sales $24.00 $24.00 $24.00 $24.72 $24.72 $24.72 $25.46 $25.46 $25.46 $26.23 Late Charges $35.40 $35.40 $35.40 $36.46 $36.46 $36.46 $37.56 $37.56 $37.56 $38.68 Pay Per View Movies $47.40 $47.40 $47.40 $48.82 $48.82 $48.82 $50.29 $50.29 $50.29 $51.80 Pay Per View Channels 30 30 30 30 30 30 30 30 30 30

Commercial Basic $84.00 $84.00 $84.00 $86.52 $86.52 $86.52 $89.12 $89.12 $89.12 $91.79 Commercial HBO $60.00 $60.00 $60.00 $61.80 $61.80 $61.80 $63.65 $63.65 $63.65 $65.56 Commercial Pay Per View $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 45 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Customer Rate Summary (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Residential Standard High Speed Data - Level 1 $323.40 $323.40 $323.40 $333.10 $333.10 $333.10 $343.10 $343.10 $343.10 $353.39 Silver High Speed Data - Level 2 $419.40 $419.40 $419.40 $431.98 $431.98 $431.98 $444.94 $444.94 $444.94 $458.29 Gold & Platnimum High Speed Data - Level 3 $659.40 $659.40 $659.40 $679.18 $679.18 $679.18 $699.56 $699.56 $699.56 $720.54 Residential Modem Rental $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Residential Service Activation $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 Ethernet Card and Installation $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Commercial Standard Business High Speed Data - Level 1 $599.40 $599.40 $599.40 $617.38 $617.38 $617.38 $635.90 $635.90 $635.90 $654.98 Standard Business High Speed Data - Level 2 $839.40 $839.40 $839.40 $864.58 $864.58 $864.58 $890.52 $890.52 $890.52 $917.24 Business Plus High Speed Data - Level 1 $1,079.40 $1,079.40 $1,079.40 $1,111.78 $1,111.78 $1,111.78 $1,145.14 $1,145.14 $1,145.14 $1,179.49 Business Plus High Speed Data - Level 2 $1,199.40 $1,199.40 $1,199.40 $1,235.38 $1,235.38 $1,235.38 $1,272.44 $1,272.44 $1,272.44 $1,310.62 Business Elite High Speed Data - Level 1 $1,559.40 $1,559.40 $1,559.40 $1,606.18 $1,606.18 $1,606.18 $1,654.37 $1,654.37 $1,654.37 $1,704.00 Business Elite High Speed Data - Level 2 $2,039.40 $2,039.40 $2,039.40 $2,100.58 $2,100.58 $2,100.58 $2,163.60 $2,163.60 $2,163.60 $2,228.51 Direct Business High Speed Data - Level 1 $2,700.00 $2,700.00 $2,700.00 $2,781.00 $2,781.00 $2,781.00 $2,864.43 $2,864.43 $2,864.43 $2,950.36 Direct Business High Speed Data - Level 2 $5,700.00 $5,700.00 $5,700.00 $5,871.00 $5,871.00 $5,871.00 $6,047.13 $6,047.13 $6,047.13 $6,228.54

Standard Business High Speed Data - Level 1 - Setup $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 Standard Business High Speed Data - Level 2 - Setup $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 Business Plus High Speed Data - Level 1 - Setup $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 Business Plus High Speed Data - Level 2 - Setup $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 Business Elite High Speed Data - Level 1 - Setup $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 Business Elite High Speed Data - Level 2 - Setup $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 Direct Business High Speed Data - Level 1 - Setup $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 Direct Business High Speed Data - Level 2 - Setup $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 48 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Average Customer Rate Summary

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Basic $131.40 $131.40 $135.34 $139.40 $143.58 $147.89 $152.33 $156.90 $161.61 $166.45 Expanded Basic $274.12 $274.12 $282.35 $290.82 $299.54 $308.53 $317.78 $327.32 $337.14 $347.25 Business Basic $0.83 $0.83 $0.85 $0.88 $0.90 $0.93 $0.96 $0.99 $1.02 $1.05 Line Maintenance Plan $15.21 $15.21 $15.67 $16.14 $16.62 $17.12 $17.63 $18.16 $18.71 $19.27 Set Top with Remote $0.12 $0.12 $0.12 $0.13 $0.13 $0.14 $0.14 $0.14 $0.15 $0.15 HBO Analog Only $21.51 $21.51 $21.51 $22.16 $22.16 $22.16 $22.82 $22.82 $22.82 $23.50 HBO Digital Group $11.47 $11.47 $11.47 $11.82 $11.82 $11.82 $12.17 $12.17 $12.17 $12.54 Cinemax Digital Group $7.16 $7.16 $7.16 $7.38 $7.38 $7.38 $7.60 $7.60 $7.60 $7.83 Showtime Digital Group $7.88 $7.88 $7.88 $8.12 $8.12 $8.12 $8.36 $8.36 $8.36 $8.62 The Movie Channel Digital Group $5.37 $5.37 $5.37 $5.53 $5.53 $5.53 $5.70 $5.70 $5.70 $5.87 Starz/Encore Group $16.43 $16.43 $16.43 $16.92 $16.92 $16.92 $17.43 $17.43 $17.43 $17.95 Encore $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Showtime Digital Combo (Show, TMC, Flix & Sundance $23.31 $23.31 $23.31 $24.01 $24.01 $24.01 $24.73 $24.73 $24.73 $25.47 HBO Digital Group/Cinemax Digital Group $11.70 $11.70 $11.70 $12.05 $12.05 $12.05 $12.41 $12.41 $12.41 $12.78 Digital Basic Tier with Music Choice $31.54 $31.54 $31.54 $32.48 $32.48 $32.48 $33.46 $33.46 $33.46 $34.46 Video on Demand Movies & Events $14.52 $14.52 $14.52 $14.96 $14.96 $14.96 $15.40 $15.40 $15.40 $15.87 Advertising Sales $24.00 $24.00 $24.00 $24.72 $24.72 $24.72 $25.46 $25.46 $25.46 $26.23 Open $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Open $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Open $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Late Charges $1.77 $1.77 $1.77 $1.82 $1.82 $1.82 $1.88 $1.88 $1.88 $1.93 Pay Per View Movies $18.96 $18.96 $18.96 $19.53 $19.53 $19.53 $20.11 $20.11 $20.11 $20.72

Commercial Basic $84.00 $84.00 $84.00 $86.52 $86.52 $86.52 $89.12 $89.12 $89.12 $91.79 Commercial HBO $12.00 $12.00 $12.00 $12.36 $12.36 $12.36 $12.73 $12.73 $12.73 $13.11 Commercial Pay Per View $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 26 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Customer Revenue

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Basic $102,191 $357,614 $372,763 $388,553 $405,013 $422,169 $440,052 $458,693 $478,123 $498,376 Expanded Basic $213,186 $746,041 $777,645 $810,586 $844,923 $880,714 $918,021 $956,908 $997,443 $1,039,694 Business Basic $644 $2,253 $2,349 $2,448 $2,552 $2,660 $2,773 $2,890 $3,013 $3,140 Line Maintenance Plan $11,829 $41,395 $43,149 $44,976 $46,882 $48,867 $50,938 $53,095 $55,344 $57,689 Set Top with Remote $93 $327 $340 $355 $370 $386 $402 $419 $437 $455 HBO Analog Only $16,728 $58,541 $59,244 $61,753 $62,494 $63,244 $65,923 $66,714 $67,515 $70,375 HBO Digital Group $8,922 $31,222 $31,597 $32,935 $33,330 $33,730 $35,159 $35,581 $36,008 $37,533 Cinemax Digital Group $5,571 $19,497 $19,731 $20,567 $20,814 $21,064 $21,956 $22,219 $22,486 $23,439 Showtime Digital Group $6,131 $21,457 $21,714 $22,634 $22,906 $23,181 $24,163 $24,453 $24,746 $25,794 The Movie Channel Digital Group $4,176 $14,615 $14,790 $15,417 $15,602 $15,789 $16,458 $16,655 $16,855 $17,569 Starz/Encore Group $12,774 $44,702 $45,238 $47,155 $47,720 $48,293 $50,339 $50,943 $51,554 $53,738 Encore $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Showtime Digital Combo (Show, TMC, Flix & Sundance $18,128 $63,440 $64,201 $66,921 $67,724 $68,536 $71,440 $72,297 $73,164 $76,264 HBO Digital Group/Cinemax Digital Group $9,099 $31,842 $32,225 $33,590 $33,993 $34,401 $35,858 $36,288 $36,723 $38,279 Digital Basic Tier with Music Choice $24,526 $85,827 $86,857 $90,537 $91,623 $92,723 $96,650 $97,810 $98,984 $103,177 Video on Demand Movies & Events $11,292 $39,517 $39,991 $41,685 $42,186 $42,692 $44,500 $45,034 $45,575 $47,505 Advertising Sales $18,665 $65,318 $66,102 $68,902 $69,728 $70,565 $73,554 $74,437 $75,330 $78,521 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Late Charges $1,377 $4,817 $4,875 $5,081 $5,142 $5,204 $5,425 $5,490 $5,556 $5,791 Pay Per View Movies $14,745 $51,601 $52,220 $54,432 $55,085 $55,746 $58,108 $58,805 $59,511 $62,032 Total Basic Customer Revenue $483,966 $1,693,627 $1,749,211 $1,823,307 $1,883,492 $1,946,022 $2,028,455 $2,096,179 $2,166,553 $2,258,328 Franchise Fees $24,198 $84,681 $87,461 $91,165 $94,175 $97,301 $101,423 $104,809 $108,328 $112,916 FCC Regulatory Fee $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales Tax $29,038 $101,618 $104,953 $109,398 $113,010 $116,761 $121,707 $125,771 $129,993 $135,500 Gross Basic Customer Revenue $537,202 $1,879,926 $1,941,624 $2,023,871 $2,090,676 $2,160,084 $2,251,585 $2,326,758 $2,404,874 $2,506,744

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 39 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Residential High Speed Data Revenue and Expenses

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Revenue Standard High Speed Data - Level 1 $7,713 $46,475 $63,372 $67,040 $68,768 $70,462 $74,288 $75,971 $77,625 $81,633 Silver High Speed Data - Level 2 $26,007 $156,995 $212,221 $220,532 $222,901 $225,678 $235,716 $239,379 $243,423 $255,274 Gold & Platnimum High Speed Data - Level 3 $29,671 $178,784 $241,543 $251,082 $253,445 $255,874 $266,121 $268,758 $271,460 $282,452 Residential Modem Rental $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Recurring High Speed Data Revenue $63,390 $382,254 $517,135 $538,654 $545,114 $552,015 $576,126 $584,107 $592,509 $619,360 Franchise Fees $3,170 $19,113 $25,857 $26,933 $27,256 $27,601 $28,806 $29,205 $29,625 $30,968 Sales Tax $3,803 $22,935 $31,028 $32,319 $32,707 $33,121 $34,568 $35,046 $35,551 $37,162 High Speed Data Installation Revenue $26,087 $29,917 $4,064 $4,157 $4,251 $4,347 $4,445 $4,545 $4,646 $4,749 Total Residential High Speed Data Revenue $96,450 $454,219 $578,084 $602,063 $609,328 $617,084 $643,945 $652,904 $662,331 $692,239

Expense Salaries - Technical $36,563 $50,213 $50,213 $51,675 $53,138 $54,732 $56,374 $58,065 $59,807 $61,601 Payroll Taxes $5,963 $8,190 $8,190 $8,428 $8,667 $8,927 $9,195 $9,470 $9,754 $10,047 Benefits $18,647 $25,608 $25,608 $26,354 $27,100 $27,913 $28,751 $29,613 $30,501 $31,416 Vehicles $6,413 $8,807 $9,071 $9,343 $9,623 $9,912 $10,209 $10,515 $10,831 $11,156 Mobile Communications $2,700 $3,708 $3,819 $3,934 $4,052 $4,173 $4,299 $4,428 $4,560 $4,697 Office Expenses $2,400 $2,472 $2,546 $2,623 $2,701 $2,782 $2,866 $2,952 $3,040 $3,131 Miscellaneous $3,000 $3,090 $3,183 $3,278 $3,377 $3,478 $3,582 $3,690 $3,800 $3,914 Franchise Fees $3,170 $19,113 $25,857 $26,933 $27,256 $27,601 $28,806 $29,205 $29,625 $30,968 Sales Tax $3,803 $22,935 $31,028 $32,319 $32,707 $33,121 $34,568 $35,046 $35,551 $37,162 Help Desk Support $6,281 $37,880 $51,277 $51,910 $52,589 $53,314 $54,082 $54,893 $55,747 $56,641 High Speed Data/Telecommunications Circuits - T-1 $2,975 $20,973 $32,815 $32,815 $32,815 $32,815 $32,815 $32,815 $32,815 $32,815 Total Other Services Expense $91,914 $202,988 $243,607 $249,612 $254,024 $258,767 $265,545 $270,693 $276,032 $283,549

Total Other Services Cash Flow $4,536 $251,231 $334,478 $352,451 $355,304 $358,317 $378,400 $382,211 $386,298 $408,690

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 31 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Commercial Video and High Speed Data Revenue & Expenses

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Revenue Commercial Basic $2,322 $8,127 $8,225 $8,573 $8,676 $8,780 $9,152 $9,262 $9,373 $9,770 Commercial HBO $332 $1,161 $1,175 $1,225 $1,239 $1,254 $1,307 $1,323 $1,339 $1,396 Commercial Pay Per View $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Commercial High Speed Data $254,460 $890,478 $901,167 $939,340 $950,612 $962,019 $1,002,771 $1,014,804 $1,026,981 $1,070,484 Total Commercial Revenue $257,115 $899,766 $910,566 $949,138 $960,527 $972,054 $1,013,230 $1,025,389 $1,037,693 $1,081,650 Franchise Fees $12,856 $44,988 $45,528 $47,457 $48,026 $48,603 $50,661 $51,269 $51,885 $54,083 Sales Tax $15,427 $53,986 $54,634 $56,948 $57,632 $58,323 $60,794 $61,523 $62,262 $64,899 FCC Regulatory Fee $3 $12 $12 $12 $12 $11 $11 $11 $11 $11 Total Gross Commercial Recurring Revenue $285,397 $998,741 $1,010,740 $1,053,555 $1,066,197 $1,078,991 $1,124,697 $1,138,193 $1,151,851 $1,200,643

Standard Business High Speed Data - Level 1 - Setup $1,925 $21 $23 $24 $24 $24 $25 $25 $25 $25 Standard Business High Speed Data - Level 2 - Setup $4,255 $47 $52 $52 $53 $54 $54 $55 $55 $56 Business Plus High Speed Data - Level 1 - Setup $21,147 $234 $257 $260 $263 $266 $269 $272 $276 $279 Business Plus High Speed Data - Level 2 - Setup $29,047 $321 $352 $357 $361 $365 $370 $374 $379 $383 Business Elite High Speed Data - Level 1 - Setup $52,611 $582 $638 $646 $654 $662 $670 $678 $686 $694 Business Elite High Speed Data - Level 2 - Setup $64,457 $713 $782 $791 $801 $811 $820 $830 $840 $850 Direct Business High Speed Data - Level 1 - Setup $98,002 $1,083 $1,189 $1,203 $1,218 $1,232 $1,247 $1,262 $1,277 $1,293 Direct Business High Speed Data - Level 2 - Setup $113,794 $1,258 $1,381 $1,397 $1,414 $1,431 $1,448 $1,465 $1,483 $1,501 Commercial High Speed Data Install Revenue $385,238 $4,259 $4,674 $4,730 $4,787 $4,844 $4,902 $4,961 $5,021 $5,081 Gross Commercial Revenue $670,635 $1,002,999 $1,015,414 $1,058,285 $1,070,984 $1,083,835 $1,129,599 $1,143,154 $1,156,871 $1,205,724

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 32 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Commercial Revenue & Expenses (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Programming Expenses Commercial Basic $892 $3,214 $3,350 $3,492 $3,640 $3,794 $3,954 $4,122 $4,296 $4,478 Commercial HBO $534 $1,924 $2,006 $2,091 $2,179 $2,271 $2,368 $2,468 $2,572 $2,681 Commercial Pay Per View $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Guide Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Programming Expenses $1,425 $5,138 $5,355 $5,582 $5,819 $6,065 $6,322 $6,590 $6,869 $7,160

G & A Expenses Salaries $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Commissions $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Payroll & Benefits $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Marketing Materials $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Hotel Commissions $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Maintenance & Repairs $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Vehicle Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 General & Administration $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 System Power $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Communications $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Copyright Fees $1 $4 $4 $4 $4 $4 $4 $5 $5 $5 Franchise Fees $12,856 $44,988 $45,528 $47,457 $48,026 $48,603 $50,661 $51,269 $51,885 $54,083 Sales Tax $15,427 $53,986 $54,634 $56,948 $57,632 $58,323 $60,794 $61,523 $62,262 $64,899 FCC Regulatory Fee $3 $12 $12 $12 $12 $11 $11 $11 $11 $11 High Speed Data $29,060 $73,738 $66,715 $66,733 $76,266 $76,248 $76,213 $76,162 $76,097 $76,018 Help Desk Support $9,291 $32,514 $32,904 $33,299 $33,699 $34,103 $34,512 $34,926 $35,345 $35,770 Miscellaneous $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Commercial Expenses $66,638 $205,241 $199,797 $204,453 $215,638 $217,293 $222,196 $223,897 $225,604 $230,785

Commercial Operating Income $602,572 $792,620 $810,262 $848,250 $849,527 $860,478 $901,081 $912,667 $924,398 $967,779

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 33 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Telecommunications Revenue & Expenses

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Telecommunications Revenue Local Service Revenue $526,201 $1,950,305 $2,010,041 $2,110,796 $2,216,825 $2,327,627 $2,444,351 $2,566,839 $2,694,431 $2,829,598 Vertical Service Revenues $19,833 $73,421 $75,682 $79,462 $83,495 $87,670 $92,042 $96,698 $101,465 $106,571 Non-Recurring Charge Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Interstate Access Revenue $6,122 $22,614 $23,332 $24,500 $25,720 $27,014 $28,324 $29,742 $31,234 $32,816 Intrastate Access Revenue $466 $1,720 $1,774 $1,862 $1,954 $2,054 $2,152 $2,260 $2,374 $2,494 Interstate Toll Revenue $11,133 $41,127 $42,420 $44,544 $46,764 $49,116 $51,498 $54,078 $56,790 $59,664 Intrastate Toll Revenue $11,133 $41,127 $42,420 $44,544 $46,764 $49,116 $51,498 $54,078 $56,790 $59,664 Voice Mail Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 DS1 Data Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Wholesale Transport Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Operator Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Directory Assistance Revenue $1,861 $6,849 $7,058 $7,412 $7,785 $8,174 $8,584 $9,014 $9,461 $9,936 Yellow Page Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Universal Service Payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Telecommunications Revenue $576,749 $2,137,163 $2,202,727 $2,313,120 $2,429,307 $2,550,771 $2,678,449 $2,812,709 $2,952,545 $3,100,743 Franchise Fee $28,837 $106,858 $110,136 $115,656 $121,465 $127,539 $133,922 $140,635 $147,627 $155,037 Sales Tax $34,605 $128,230 $132,164 $138,787 $145,758 $153,046 $160,707 $168,763 $177,153 $186,045 Telecommunications Tax $35,405 $102,002 $106,304 $111,602 $117,119 $122,832 $128,783 $134,980 $141,385 $148,109 Less Bad Debt ($6,252) ($23,169) ($23,880) ($25,076) ($26,336) ($27,653) ($29,037) ($30,492) ($32,008) ($33,615) Net Telecommunications Revenue $669,344 $2,451,084 $2,527,452 $2,654,089 $2,787,314 $2,926,535 $3,072,824 $3,226,595 $3,386,702 $3,556,319

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 34 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Telecommunications Revenue & Expenses (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Cost of Goods Sold Wholesale Long Distance $9,794 $36,184 $37,330 $39,198 $41,152 $43,222 $45,318 $47,588 $49,976 $52,504 Operator Services $744 $2,739 $2,823 $2,965 $3,114 $3,270 $3,434 $3,605 $3,785 $3,974 Switching $18,000 $18,000 $18,000 $18,000 $18,000 $18,000 $18,000 $18,000 $18,000 $18,000 Total Cost of Goods Sold $28,538 $56,923 $58,153 $60,163 $62,266 $64,492 $66,752 $69,193 $71,761 $74,478

Facility Based Engineering Salary & Wages $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Switching Salary & Wages $31,063 $63,990 $65,909 $67,887 $69,923 $72,021 $74,182 $76,407 $78,699 $81,060 Field Services Salary & Wages $35,970 $111,146 $114,480 $117,915 $121,452 $125,096 $128,849 $132,714 $136,696 $140,797 Customer Provisioning Salary & Wages $28,665 $47,978 $49,417 $50,900 $52,427 $54,000 $55,620 $57,288 $59,007 $60,777 Benefits and Taxes $33,494 $78,090 $80,433 $82,846 $85,331 $87,891 $90,528 $93,243 $96,041 $98,922 Vehicle Expense $12,350 $28,500 $28,500 $28,500 $28,500 $28,500 $28,500 $28,500 $28,500 $28,500 Tools & Equipment $1,400 $3,600 $3,600 $3,600 $3,600 $3,600 $3,600 $3,600 $3,600 $3,600 Network Occupancy $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Computer $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Switching Expense $11,428 $36,526 $38,556 $40,488 $42,516 $44,640 $46,884 $49,212 $51,684 $54,240 Access Node Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Network Maintenance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Trunk Expense $17,080 $64,992 $34,992 $34,992 $34,992 $34,992 $34,992 $34,992 $34,992 $34,992 Number Portability $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Local Interconnection $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Internet Transport $19,200 $28,800 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 $8,000 Engineering $20,451 $21,012 $21,642 $22,292 $22,960 $23,649 $24,359 $25,089 $25,842 $26,617 Total Facility Based $211,101 $484,634 $445,530 $457,419 $469,702 $482,389 $495,512 $509,046 $523,061 $537,505

Sales & Marketing and Customer Operations Sales & Marketing Salary, Wages & Commissions $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales & Marketing Commissions $64,978 $718 $3,285 $3,449 $3,622 $3,803 $3,993 $4,192 $4,402 $4,622 Benefits and Taxes $22,742 $251 $1,150 $1,207 $1,268 $1,331 $1,397 $1,467 $1,541 $1,618 Customer Operations Salary & Wages $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Advertising & Marketing $6,000 $6,000 $6,180 $6,365 $6,556 $6,753 $6,956 $7,164 $7,379 $7,601 Billing $9,388 $25,630 $26,436 $27,629 $28,852 $30,201 $31,556 $32,988 $34,499 $36,065 Total Commercial & Marketing $103,109 $32,600 $37,051 $38,651 $40,298 $42,088 $43,901 $45,812 $47,821 $49,905

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 35 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Telecommunications Revenue & Expenses (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

General & Administrative Executive Administration Salary & Wages $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Operations Salary & Wages $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Benefits and Taxes $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Travel $2,400 $2,472 $2,546 $2,623 $2,701 $2,782 $2,866 $2,952 $3,040 $3,131 Audit Fees and Accounting $18,000 $18,540 $19,096 $19,669 $20,259 $20,867 $21,493 $22,138 $22,802 $23,486 Occupancy Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Telecommunications Expense $2,400 $2,472 $2,546 $2,623 $2,701 $2,782 $2,866 $2,952 $3,040 $3,131 Property Insurance $1,800 $1,854 $1,910 $1,967 $2,026 $2,087 $2,149 $2,214 $2,280 $2,349 Liability Insurance $1,800 $1,854 $1,910 $1,967 $2,026 $2,087 $2,149 $2,214 $2,280 $2,349 General Expense $1,200 $1,236 $1,273 $1,311 $1,351 $1,391 $1,433 $1,476 $1,520 $1,566 Corporate Services $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 General Accounting $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Human Resources $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Legal Expense $18,000 $18,000 $18,900 $19,845 $20,837 $21,879 $22,973 $24,122 $25,328 $26,594 Consultants $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Gen & Admin $5,300 $5,600 $5,880 $6,174 $6,483 $6,807 $7,147 $7,505 $7,880 $8,274 Total Administrative $50,900 $52,028 $54,061 $56,178 $58,384 $60,682 $63,076 $65,571 $68,170 $70,880 Franchise Fees $28,837 $106,858 $110,136 $115,656 $121,465 $127,539 $133,922 $140,635 $147,627 $155,037 Sales Tax $34,605 $128,230 $132,164 $138,787 $145,758 $153,046 $160,707 $168,763 $177,153 $186,045 Telecommunications Tax $35,405 $102,002 $106,304 $111,602 $117,119 $122,832 $128,783 $134,980 $141,385 $148,109 Reimbursement $40,162 $91,724 $95,570 $98,126 $99,980 $101,876 $104,609 $106,586 $108,617 $111,527 Total Telecommunications Expenses $532,657 $1,054,998 $1,038,968 $1,076,582 $1,114,972 $1,154,943 $1,197,263 $1,240,587 $1,285,595 $1,333,487

Total Telecommunications Operating Income $136,686 $1,396,086 $1,488,483 $1,577,508 $1,672,342 $1,771,592 $1,875,562 $1,986,008 $2,101,107 $2,222,832

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 36 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Broadband Services Salary and Wage Variables Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Operations Management Vice President Operations $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Director of Operations $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Executive Expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Engineering Engineers $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Technician $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Engineering Total $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Switching Switch Manager $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Switch Technicians $27,011 $55,643 $57,312 $59,032 $60,803 $62,627 $64,506 $66,441 $68,434 $70,487 Overtime $4,052 $8,346 $8,597 $8,855 $9,120 $9,394 $9,676 $9,966 $10,265 $10,573 Switch Total $31,063 $63,990 $65,909 $67,887 $69,923 $72,021 $74,182 $76,407 $78,699 $81,060 Field Services Supervisor $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Field Techs $31,278 $96,649 $99,548 $102,535 $105,611 $108,779 $112,042 $115,404 $118,866 $122,432 Overtime $4,692 $14,497 $14,932 $15,380 $15,842 $16,317 $16,806 $17,311 $17,830 $18,365 Field Services Total $35,970 $111,146 $114,480 $117,915 $121,452 $125,096 $128,849 $132,714 $136,696 $140,797 Customer Provisioning Supervisor $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Customer Provisioning Reps $17,916 $36,906 $38,013 $39,154 $40,328 $41,538 $42,784 $44,068 $45,390 $46,752 Overtime $10,749 $11,072 $11,404 $11,746 $12,099 $12,461 $12,835 $13,220 $13,617 $14,025 Customer Provisioning Total $28,665 $47,978 $49,417 $50,900 $52,427 $54,000 $55,620 $57,288 $59,007 $60,777 Sales & Marketing Director $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 SAM's $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 AM's $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Tech Consultant $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Marketing Specialist $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Bridge payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales & Marketing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Customer Operations Manager $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Specialist $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Customer Operations $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Executive Administration Senior Vice President $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Financial Manager $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Administration $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Salaries & Wages $95,698 $223,114 $229,807 $236,701 $243,802 $251,117 $258,650 $266,410 $274,402 $282,634 Commissions $64,978 $718 $3,285 $3,449 $3,622 $3,803 $3,993 $4,192 $4,402 $4,622 Broadband Services Total Salaries, Wages & Commissio $160,676 $223,832 $233,092 $240,151 $247,424 $254,919 $262,643 $270,602 $278,804 $287,256

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 37 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Broadband Servies Salary and Wage Variables (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Network operations Vp Operations $160,800 $165,624 $170,593 $175,711 $180,982 $186,411 $192,004 $197,764 $203,697 $209,808 Director $100,800 $103,824 $106,939 $110,147 $113,451 $116,855 $120,360 $123,971 $127,690 $131,521 Engineers $65,496 $67,461 $69,485 $71,570 $73,717 $75,928 $78,206 $80,552 $82,969 $85,458 Technician $45,000 $45,113 $46,466 $47,860 $49,296 $50,775 $52,298 $53,867 $55,483 $57,147

Switch Mngr $85,470 $88,034 $90,675 $93,395 $96,197 $99,083 $102,056 $105,117 $108,271 $111,519 Switch Techs $54,023 $55,643 $57,312 $59,032 $60,803 $62,627 $64,506 $66,441 $68,434 $70,487 Overtime $8,103 $8,346 $8,597 $8,855 $9,120 $9,394 $9,676 $9,966 $10,265 $10,573 Total switching

Supervisor $65,835 $67,810 $69,844 $71,940 $74,098 $76,321 $78,610 $80,969 $83,398 $85,900 Field Techs $46,917 $48,324 $49,774 $51,267 $52,805 $54,390 $56,021 $57,702 $59,433 $61,216 Overtime $7,038 $7,249 $7,466 $7,690 $7,921 $8,158 $8,403 $8,655 $8,915 $9,182 Total Field Services

Supervisor $47,959 $49,398 $50,879 $52,406 $53,978 $55,597 $57,265 $58,983 $60,753 $62,575 Reps $35,831 $36,906 $38,013 $39,154 $40,328 $41,538 $42,784 $44,068 $45,390 $46,752 Overtime $5,375 $5,536 $5,702 $5,873 $6,049 $6,231 $6,418 $6,610 $6,808 $7,013 Total Provisioning

Sales & Marketing Director $141,300 $145,539 $149,905 $154,402 $159,034 $163,805 $168,720 $173,781 $178,995 $184,364 Sr Acct Mngr $65,625 $67,594 $69,622 $71,710 $73,862 $76,077 $78,360 $80,710 $83,132 $85,626 Acct Mngr $42,000 $43,260 $44,558 $45,895 $47,271 $48,690 $50,150 $51,655 $53,204 $54,800 Tech Consult $68,250 $70,298 $72,406 $74,579 $76,816 $79,120 $81,494 $83,939 $86,457 $89,051 Specialist $42,000 $43,260 $44,558 $45,895 $47,271 $48,690 $50,150 $51,655 $53,204 $54,800 Bridge Payments $36,000 $37,080 $38,192 $39,338 $40,518 $41,734 $42,986 $44,275 $45,604 $46,972

Customer Operations Manager $72,000 $74,160 $76,385 $78,676 $81,037 $83,468 $85,972 $88,551 $91,207 $93,944 Specialist $35,000 $36,050 $37,132 $38,245 $39,393 $40,575 $41,792 $43,046 $44,337 $45,667

Administration Sr VP $179,800 $185,194 $190,750 $196,472 $202,366 $208,437 $214,691 $221,131 $227,765 $234,598 Fin Mngr $66,000 $67,980 $70,019 $72,120 $74,284 $76,512 $78,807 $81,172 $83,607 $86,115

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 38 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Broadband Service Staffing

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Telecommunications Service Employees Switch Techs 1111111111 Field Techs 1222222222 Provisioning Reps 1111111111 Total Telecommunications Employees 4555555555

Cable Service Employees General Managers 0000000000 Office Manager 0000000000 MIS Director 0000000000 Customer Service Representatives 2222222222 Support Staff 1111111111 Technical Manager (s) 1111111111 Headend Technicians 1111111111 Construction Manager/Plant Manager 1111111111 Broadband Service Technicians 2222222222 Installer/Service Technician 2222222222 Contract Installers 4111111111 Marketing and Sales Manager 1111111111 Contract Field Representatives 3011111111 Total 18 12 14 14 14 14 14 14 14 14

Total Telecommunications and Cable Service Employees 22 17 19 19 19 19 19 19 19 19

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 49 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Limited Basic Headline News $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WBBM (2) CBS Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WGN (9) Chicago Local Off-Air $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WFLD (32) Fox Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WMAQ (5) Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WCIU (26) IND Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Local Community Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WLS (7) ABC Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WPWR (50) UPN Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WTTW (11) PBS Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WCPX (38) PAX Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TV Guide Channel $1.20 $1.24 $1.27 $1.31 $1.35 $1.39 $1.43 $1.48 $1.52 $1.57 WGBO (66) Univision Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WSNS (44) Telemundo Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WYCC (22) PBS Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TBS $3.36 $3.46 $3.56 $3.67 $3.78 $3.90 $4.01 $4.13 $4.26 $4.38 Local Govt/Educational/Public Access Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Limited Basic $4.56 $4.70 $4.84 $4.98 $5.13 $5.29 $5.44 $5.61 $5.78 $5.95

Standard Basic A & E $2.82 $2.90 $2.99 $3.08 $3.17 $3.27 $3.37 $3.47 $3.57 $3.68 American Movie Classics $3.06 $3.15 $3.25 $3.34 $3.44 $3.55 $3.65 $3.76 $3.88 $3.99 American's Health Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 America's Talking $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 America's Voice Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Animal Planet $1.84 $1.89 $1.95 $2.01 $2.07 $2.13 $2.19 $2.26 $2.33 $2.40 BET $1.80 $1.85 $1.91 $1.97 $2.03 $2.09 $2.15 $2.21 $2.28 $2.35 BET On Jazz $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Bloomberg Television $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Bravo $1.95 $2.01 $2.07 $2.13 $2.19 $2.26 $2.33 $2.40 $2.47 $2.54 Cable In the Classroom $0.04 $0.04 $0.05 $0.05 $0.05 $0.05 $0.05 $0.05 $0.05 $0.06 Cartoon Network $1.52 $1.57 $1.62 $1.67 $1.72 $1.77 $1.82 $1.87 $1.93 $1.99 CMTV $1.20 $1.24 $1.27 $1.31 $1.35 $1.39 $1.43 $1.48 $1.52 $1.57 CNBC $2.52 $2.60 $2.67 $2.75 $2.84 $2.92 $3.01 $3.10 $3.19 $3.29 CNN $4.60 $4.73 $4.88 $5.02 $5.17 $5.33 $5.49 $5.65 $5.82 $6.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 50 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) CNNfn $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 CNNSI $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Comedy Central $1.98 $2.04 $2.10 $2.16 $2.23 $2.30 $2.36 $2.44 $2.51 $2.58 Court TV $1.68 $1.73 $1.78 $1.84 $1.89 $1.95 $2.01 $2.07 $2.13 $2.19 C-Span $0.72 $0.74 $0.76 $0.79 $0.81 $0.83 $0.86 $0.89 $0.91 $0.94 C-Span 2 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Discovery $3.79 $3.91 $4.02 $4.14 $4.27 $4.40 $4.53 $4.66 $4.80 $4.95 Disney $10.20 $10.51 $10.82 $11.15 $11.48 $11.82 $12.18 $12.54 $12.92 $13.31 Do It Yourself Network $0.72 $0.74 $0.76 $0.79 $0.81 $0.83 $0.86 $0.89 $0.91 $0.94 E! Entertainment $1.68 $1.73 $1.78 $1.84 $1.89 $1.95 $2.01 $2.07 $2.13 $2.19 Encore $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Encore MoviePlex $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ESPN $21.76 $22.41 $23.08 $23.77 $24.49 $25.22 $25.98 $26.76 $27.56 $28.39 ESPN 2 $4.50 $4.64 $4.77 $4.92 $5.06 $5.22 $5.37 $5.53 $5.70 $5.87 ESPN News $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ESPN Classic Sports $1.80 $1.85 $1.91 $1.97 $2.03 $2.09 $2.15 $2.21 $2.28 $2.35 EWTN $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Fit TV $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ABC Family Channel $2.20 $2.26 $2.33 $2.40 $2.47 $2.55 $2.62 $2.70 $2.78 $2.87 Food Network $1.02 $1.05 $1.08 $1.11 $1.15 $1.18 $1.22 $1.25 $1.29 $1.33 Fox News $2.65 $2.73 $2.81 $2.89 $2.98 $3.07 $3.16 $3.25 $3.35 $3.45 fX $3.58 $3.68 $3.79 $3.91 $4.02 $4.15 $4.27 $4.40 $4.53 $4.67 fX Movies (no fX in system) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Game Show Network $1.32 $1.36 $1.40 $1.44 $1.49 $1.53 $1.58 $1.62 $1.67 $1.72 Golf Channel $2.52 $2.60 $2.67 $2.75 $2.84 $2.92 $3.01 $3.10 $3.19 $3.29 Great American Country $0.42 $0.43 $0.45 $0.46 $0.47 $0.49 $0.50 $0.52 $0.53 $0.55 Headline News (Free with CNN) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 History Channel $2.16 $2.22 $2.29 $2.36 $2.43 $2.50 $2.58 $2.66 $2.74 $2.82 Home & Garden TV $1.80 $1.85 $1.91 $1.97 $2.03 $2.09 $2.15 $2.21 $2.28 $2.35 Home Shopping Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Independent Film Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 International Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Inspirational Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Lifetime Movie Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Open $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 51 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) Learning Channel $1.93 $1.66 $2.05 $2.11 $2.17 $2.24 $2.31 $2.38 $2.45 $2.52 Lifetime $3.48 $2.99 $3.69 $3.80 $3.92 $4.03 $4.16 $4.28 $4.41 $4.54 Military Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 MSNBC $1.56 $1.34 $1.66 $1.70 $1.76 $1.81 $1.86 $1.92 $1.98 $2.04 MTV $3.54 $3.65 $3.76 $3.87 $3.98 $4.10 $4.23 $4.35 $4.48 $4.62 Much Music $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NASA TV $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 The National Network $3.72 $3.83 $3.95 $4.06 $4.19 $4.31 $4.44 $4.58 $4.71 $4.85 NET $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Newsport $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Nickelodeon $5.08 $5.23 $5.39 $5.55 $5.71 $5.88 $6.06 $6.24 $6.43 $6.62 Nostalgia $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Hallmark Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Outdoor Life Network $2.05 $2.11 $2.18 $2.24 $2.31 $2.38 $2.45 $2.52 $2.60 $2.68 The Outdoor Channel $0.86 $0.89 $0.92 $0.94 $0.97 $1.00 $1.03 $1.06 $1.09 $1.13 Ovation $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Oxygen $2.60 $2.68 $2.76 $2.85 $2.93 $3.02 $3.11 $3.20 $3.30 $3.40 Pax Family Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Product Information Network (PIN) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 QVC $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Women's Entertainment (formerly Romance Classics) $1.68 $1.73 $1.78 $1.84 $1.89 $1.95 $2.01 $2.07 $2.13 $2.19 Sci-Fi Network $1.92 $1.98 $2.04 $2.10 $2.16 $2.23 $2.29 $2.36 $2.43 $2.51 Speed Channel $2.05 $2.11 $2.18 $2.24 $2.31 $2.38 $2.45 $2.52 $2.60 $2.68 Fox Sports Midwest $9.00 $9.27 $9.55 $9.83 $10.13 $10.43 $10.75 $11.07 $11.40 $11.74 Style $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TBN $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TBS $3.36 $3.46 $3.56 $3.67 $3.78 $3.90 $4.01 $4.13 $4.26 $4.38 TNT $8.64 $8.90 $9.17 $9.44 $9.72 $10.02 $10.32 $10.63 $10.94 $11.27 Toon Disney $1.08 $1.11 $1.15 $1.18 $1.22 $1.25 $1.29 $1.33 $1.37 $1.41 Travel Channel $0.84 $0.87 $0.89 $0.92 $0.95 $0.97 $1.00 $1.03 $1.06 $1.10 Turner Classic Movies $2.64 $2.72 $2.80 $2.88 $2.97 $3.06 $3.15 $3.25 $3.34 $3.44 Turner South $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Tech TV $0.84 $0.87 $0.89 $0.92 $0.95 $0.97 $1.00 $1.03 $1.06 $1.10 TV Land $1.20 $1.24 $1.27 $1.31 $1.35 $1.39 $1.43 $1.48 $1.52 $1.57 USA Network $4.80 $4.94 $5.09 $5.25 $5.40 $5.56 $5.73 $5.90 $6.08 $6.26

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 52 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) VH-1 $1.56 $1.61 $1.66 $1.70 $1.76 $1.81 $1.86 $1.92 $1.98 $2.04 Weather Channel $1.87 $1.93 $1.99 $2.05 $2.11 $2.17 $2.24 $2.30 $2.37 $2.44 WeatherScan $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 SoapNet $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 National Geographic Channel $1.80 $1.85 $1.91 $1.97 $2.03 $2.09 $2.15 $2.21 $2.28 $2.35 Fine Living $1.32 $1.36 $1.40 $1.44 $1.49 $1.53 $1.58 $1.62 $1.67 $1.72 Galavision $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Biography (Includes History International) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Annual Adjustment $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Standard Basic $157.27 $160.79 $166.84 $171.85 $177.00 $182.31 $187.78 $193.42 $199.22 $205.20

Digital Tier Discovery Kids $0.96 $0.99 $1.02 $1.05 $1.08 $1.11 $1.15 $1.18 $1.22 $1.25 Discovery Science $0.96 $0.99 $1.02 $1.05 $1.08 $1.11 $1.15 $1.18 $1.22 $1.25 Discovery Home & Leisure $0.96 $0.99 $1.02 $1.05 $1.08 $1.11 $1.15 $1.18 $1.22 $1.25 Discovery Health $0.36 $0.37 $0.38 $0.39 $0.41 $0.42 $0.43 $0.44 $0.46 $0.47 Discovery Civilization $0.36 $0.37 $0.38 $0.39 $0.41 $0.42 $0.43 $0.44 $0.46 $0.47 Discovery People $0.36 $0.37 $0.38 $0.39 $0.41 $0.42 $0.43 $0.44 $0.46 $0.47 BBC America (Free with The Discovery Channel) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Much Music $1.50 $1.55 $1.59 $1.64 $1.69 $1.74 $1.79 $1.84 $1.90 $1.96 Nick 2 $1.20 $1.24 $1.27 $1.31 $1.35 $1.39 $1.43 $1.48 $1.52 $1.57 Noggin $1.20 $1.24 $1.27 $1.31 $1.35 $1.39 $1.43 $1.48 $1.52 $1.57 Nick Games & Sports $1.20 $1.24 $1.27 $1.31 $1.35 $1.39 $1.43 $1.48 $1.52 $1.57 WAM! $3.35 $3.45 $3.55 $3.66 $3.77 $3.88 $4.00 $4.12 $4.24 $4.37 Boomerang $0.36 $0.37 $0.38 $0.39 $0.41 $0.42 $0.43 $0.44 $0.46 $0.47 CNN fn $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Fox Sportsworld $2.16 $2.22 $2.29 $2.36 $2.43 $2.50 $2.58 $2.66 $2.74 $2.82 Outdoor Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 MTV 2 $1.56 $1.61 $1.66 $1.70 $1.76 $1.81 $1.86 $1.92 $1.98 $2.04 MTV X Generation $1.56 $1.61 $1.66 $1.70 $1.76 $1.81 $1.86 $1.92 $1.98 $2.04 BET on Jazz $1.02 $1.05 $1.08 $1.11 $1.15 $1.18 $1.22 $1.25 $1.29 $1.33 BET Gospel $1.02 $1.05 $1.08 $1.11 $1.15 $1.18 $1.22 $1.25 $1.29 $1.33 Wisdom Network $1.20 $1.24 $1.27 $1.31 $1.35 $1.39 $1.43 $1.48 $1.52 $1.57 FamilyNet $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Bloomberg $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Lifetime Movie Network $1.80 $1.85 $1.91 $1.97 $2.03 $2.09 $2.15 $2.21 $2.28 $2.35 Independent Film Channel $1.92 $1.98 $2.04 $2.10 $2.16 $2.23 $2.29 $2.36 $2.43 $2.51

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 53 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Digital Tier (Cont.) Style $1.32 $1.36 $1.40 $1.44 $1.49 $1.53 $1.58 $1.62 $1.67 $1.72 Tech TV $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 VH-1 Classic Rock (Free with VH-1) $1.56 $1.61 $1.66 $1.70 $1.76 $1.81 $1.86 $1.92 $1.98 $2.04 VH-Country (Free with VH-1) $1.56 $1.61 $1.66 $1.70 $1.76 $1.81 $1.86 $1.92 $1.98 $2.04 VH-1 Soul (Free with VH-1) $1.56 $1.61 $1.66 $1.70 $1.76 $1.81 $1.86 $1.92 $1.98 $2.04 SoapNet $1.20 $1.24 $1.27 $1.31 $1.35 $1.39 $1.43 $1.48 $1.52 $1.57 Inspirational Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 National Geographic $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Good Life TV $0.96 $0.99 $1.02 $1.05 $1.08 $1.11 $1.15 $1.18 $1.22 $1.25 Music Choice (45 Channels of Digital Audio) $4.56 $4.70 $4.84 $4.98 $5.13 $5.29 $5.44 $5.61 $5.78 $5.95 Biography Channel/History International $2.52 $2.60 $2.67 $2.75 $2.84 $2.92 $3.01 $3.10 $3.19 $3.29 Annual Programming Adjustment (Five Percent) $2.01 $2.07 $2.14 $2.20 $2.27 $2.33 $2.40 $2.48 $2.55 $2.63 Total Digital Basic Tier $42.2629 $43.5308 $44.8367 $46.1818 $47.5673 $48.9943 $50.4641 $51.9781 $53.5374 $55.1435

Premium Services HBO Analog Only $95.16 $98.01 $100.96 $103.98 $107.10 $110.32 $113.63 $117.03 $120.55 $124.16 HBO Digital Group $95.16 $98.01 $100.96 $103.98 $107.10 $110.32 $113.63 $117.03 $120.55 $124.16 Cinemax Digital Group $53.40 $55.00 $56.65 $58.35 $60.10 $61.91 $63.76 $65.68 $67.65 $69.67 Showtime Digital Group $75.84 $78.12 $80.46 $82.87 $85.36 $87.92 $90.56 $93.27 $96.07 $98.95 The Movie Channel Digital Group $55.20 $56.86 $58.56 $60.32 $62.13 $63.99 $65.91 $67.89 $69.93 $72.02 Starz/Encore Group $50.64 $52.16 $53.72 $55.34 $57.00 $58.71 $60.47 $62.28 $64.15 $66.07 Encore $19.32 $19.90 $20.50 $21.11 $21.74 $22.40 $23.07 $23.76 $24.47 $25.21 Showtime Digital Combo (Show, TMC, Flix & Sundance $79.80 $82.19 $84.66 $87.20 $89.82 $92.51 $95.29 $98.14 $101.09 $104.12 HBO Digital Group/Cinemax Digital Group $127.56 $131.39 $135.33 $139.39 $143.57 $147.88 $152.31 $156.88 $161.59 $166.44 Digital Basic Tier with Music Choice $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Video on Demand Movies & Events $78.00 $80.34 $82.75 $85.23 $87.79 $90.42 $93.14 $95.93 $98.81 $101.77 Advertising Sales $12.00 $12.36 $12.73 $13.11 $13.51 $13.91 $14.33 $14.76 $15.20 $15.66

Pay Per View PPV 1 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 PPV 2 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 PPV 3 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 PPV 4 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 PPV 5 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 PPV 6 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 54 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Limited Basic Headline News $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WBBM (2) CBS Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WGN (9) Chicago Local Off-Air $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WFLD (32) Fox Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WMAQ (5) Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WCIU (26) IND Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Local Community Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WLS (7) ABC Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WPWR (50) UPN Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WTTW (11) PBS Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WCPX (38) PAX Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TV Guide Channel $0.24 $0.25 $0.26 $0.27 $0.27 $0.28 $0.29 $0.30 $0.31 $0.32 WGBO (66) Univision Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WSNS (44) Telemundo Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 WYCC (22) PBS Chicago $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TBS $0.68 $0.70 $0.72 $0.74 $0.77 $0.79 $0.81 $0.84 $0.86 $0.89 Local Govt/Educational/Public Access Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Limited Basic $0.9252 $0.9530 $0.9816 $1.0110 $1.0413 $1.0726 $1.1048 $1.1379 $1.1720 $1.2072

Standard Basic A & E $0.57 $0.59 $0.61 $0.63 $0.64 $0.66 $0.68 $0.70 $0.72 $0.75 American Movie Classics $0.62 $0.64 $0.66 $0.68 $0.70 $0.72 $0.74 $0.76 $0.79 $0.81 American's Health Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 America's Talking $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 America's Voice Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Animal Planet $0.37 $0.38 $0.40 $0.41 $0.42 $0.43 $0.44 $0.46 $0.47 $0.49 BET $0.37 $0.38 $0.39 $0.40 $0.41 $0.42 $0.44 $0.45 $0.46 $0.48 BET On Jazz $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Bloomberg Television $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Bravo $0.40 $0.41 $0.42 $0.43 $0.45 $0.46 $0.47 $0.49 $0.50 $0.52 Cable In the Classroom $0.10 $0.11 $0.11 $0.11 $0.12 $0.12 $0.12 $0.13 $0.13 $0.14 Cartoon Network $0.31 $0.32 $0.33 $0.34 $0.35 $0.36 $0.37 $0.38 $0.39 $0.40 CMTV $0.24 $0.25 $0.26 $0.27 $0.27 $0.28 $0.29 $0.30 $0.31 $0.32 CNBC $0.51 $0.53 $0.54 $0.56 $0.58 $0.59 $0.61 $0.63 $0.65 $0.67 CNN $0.93 $0.96 $0.99 $1.02 $1.05 $1.08 $1.11 $1.15 $1.18 $1.22 Open $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 55 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) CNNfn $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 CNNSI $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Comedy Central $0.40 $0.41 $0.43 $0.44 $0.45 $0.47 $0.48 $0.49 $0.51 $0.52 Court TV $0.34 $0.35 $0.36 $0.37 $0.38 $0.40 $0.41 $0.42 $0.43 $0.44 C-Span $0.15 $0.15 $0.15 $0.16 $0.16 $0.17 $0.17 $0.18 $0.19 $0.19 C-Span 2 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Discovery $0.77 $0.79 $0.82 $0.84 $0.87 $0.89 $0.92 $0.95 $0.97 $1.00 Disney $2.07 $2.13 $2.20 $2.26 $2.33 $2.40 $2.47 $2.55 $2.62 $2.70 Do It Yourself Network $0.15 $0.15 $0.15 $0.16 $0.16 $0.17 $0.17 $0.18 $0.19 $0.19 E! Entertainment $0.34 $0.35 $0.36 $0.37 $0.38 $0.40 $0.41 $0.42 $0.43 $0.44 Encore $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Encore MoviePlex $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ESPN $4.41 $4.55 $4.68 $4.82 $4.97 $5.12 $5.27 $5.43 $5.59 $5.76 ESPN 2 $0.91 $0.94 $0.97 $1.00 $1.03 $1.06 $1.09 $1.12 $1.16 $1.19 ESPN News $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ESPN Classic Sports $0.37 $0.38 $0.39 $0.40 $0.41 $0.42 $0.44 $0.45 $0.46 $0.48 EWTN $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Fit TV $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ABC Family Channel $0.45 $0.46 $0.47 $0.49 $0.50 $0.52 $0.53 $0.55 $0.56 $0.58 Food Network $0.21 $0.21 $0.22 $0.23 $0.23 $0.24 $0.25 $0.25 $0.26 $0.27 Fox News $0.54 $0.55 $0.57 $0.59 $0.60 $0.62 $0.64 $0.66 $0.68 $0.70 fX $0.73 $0.75 $0.77 $0.79 $0.82 $0.84 $0.87 $0.89 $0.92 $0.95 fX Movies (no fX in system) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Game Show Network $0.27 $0.28 $0.28 $0.29 $0.30 $0.31 $0.32 $0.33 $0.34 $0.35 Golf Channel $0.51 $0.53 $0.54 $0.56 $0.58 $0.59 $0.61 $0.63 $0.65 $0.67 Great American Country $0.09 $0.09 $0.09 $0.09 $0.10 $0.10 $0.10 $0.10 $0.11 $0.11 Headline News (Free with CNN) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 History Channel $0.44 $0.45 $0.46 $0.48 $0.49 $0.51 $0.52 $0.54 $0.56 $0.57 Home & Garden TV $0.37 $0.38 $0.39 $0.40 $0.41 $0.42 $0.44 $0.45 $0.46 $0.48 Home Shopping Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Independent Film Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 International Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Inspirational Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Lifetime Movie Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Open $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 56 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) Military Channel $0.39 $0.40 $0.42 $0.43 $0.44 $0.45 $0.47 $0.48 $0.50 $0.51 MSNBC $0.71 $0.73 $0.75 $0.77 $0.79 $0.82 $0.84 $0.87 $0.89 $0.92 MTV $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Much Music $0.32 $0.33 $0.34 $0.35 $0.36 $0.37 $0.38 $0.39 $0.40 $0.41 NASA TV $0.72 $0.74 $0.76 $0.78 $0.81 $0.83 $0.86 $0.88 $0.91 $0.94 The National Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 NET $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Newsport $0.75 $0.78 $0.80 $0.82 $0.85 $0.87 $0.90 $0.93 $0.96 $0.98 Nickelodeon $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Nostalgia $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Hallmark Channel $1.03 $1.06 $1.09 $1.13 $1.16 $1.19 $1.23 $1.27 $1.30 $1.34 Outdoor Life Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 The Outdoor Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Ovation $0.42 $0.43 $0.44 $0.45 $0.47 $0.48 $0.50 $0.51 $0.53 $0.54 Oxygen $0.18 $0.18 $0.19 $0.19 $0.20 $0.20 $0.21 $0.22 $0.22 $0.23 Pax Family Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Product Information Network (PIN) $0.53 $0.54 $0.56 $0.58 $0.59 $0.61 $0.63 $0.65 $0.67 $0.69 QVC $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Women's Entertainment (formerly Romance Classics) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Sci-Fi Network $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Speed Channel $0.34 $0.35 $0.36 $0.37 $0.38 $0.40 $0.41 $0.42 $0.43 $0.44 Fox Sports Midwest $0.39 $0.40 $0.41 $0.43 $0.44 $0.45 $0.47 $0.48 $0.49 $0.51 Style $0.42 $0.43 $0.44 $0.45 $0.47 $0.48 $0.50 $0.51 $0.53 $0.54 TBN $1.83 $1.88 $1.94 $2.00 $2.06 $2.12 $2.18 $2.25 $2.31 $2.38 TBS $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TNT $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Toon Disney $0.68 $0.70 $0.72 $0.74 $0.77 $0.79 $0.81 $0.84 $0.86 $0.89 Travel Channel $1.75 $1.81 $1.86 $1.92 $1.97 $2.03 $2.09 $2.16 $2.22 $2.29 Turner Classic Movies $0.22 $0.23 $0.23 $0.24 $0.25 $0.25 $0.26 $0.27 $0.28 $0.29 Turner South $0.17 $0.18 $0.18 $0.19 $0.19 $0.20 $0.20 $0.21 $0.22 $0.22 Tech TV $0.54 $0.55 $0.57 $0.59 $0.60 $0.62 $0.64 $0.66 $0.68 $0.70 TV Land $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 USA Network $0.17 $0.18 $0.18 $0.19 $0.19 $0.20 $0.20 $0.21 $0.22 $0.22 VH-1 $0.24 $0.25 $0.26 $0.27 $0.27 $0.28 $0.29 $0.30 $0.31 $0.32 Weather Channel $0.97 $1.00 $1.03 $1.06 $1.10 $1.13 $1.16 $1.20 $1.23 $1.27

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 57 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) VH-1 $0.32 $0.33 $0.34 $0.35 $0.36 $0.37 $0.38 $0.39 $0.40 $0.41 Weather Channel $0.38 $0.39 $0.40 $0.42 $0.43 $0.44 $0.45 $0.47 $0.48 $0.50 WeatherScan $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 SoapNet $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 National Geographic Channel $0.37 $0.38 $0.39 $0.40 $0.41 $0.42 $0.44 $0.45 $0.46 $0.48 Fine Living $0.27 $0.28 $0.28 $0.29 $0.30 $0.31 $0.32 $0.33 $0.34 $0.35 Galavision $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Biography (Includes History International) $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Standard Basic $32.00 $32.96 $33.95 $34.97 $36.02 $37.10 $38.21 $39.36 $40.54 $41.76

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 58 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Premium Services HBO Analog Only $19.31 $19.89 $20.48 $21.10 $21.73 $22.38 $23.05 $23.75 $24.46 $25.19

Pay Per View PPV 1 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 PPV 2 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 PPV 3 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 PPV 4 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 PPV 5 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 59 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming Expense - Residential

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Limited Basic Headline News $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WBBM (2) CBS Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WGN (9) Chicago Local Off-Air $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WCIU (26) IND Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WPWR (50) UPN Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WTTW (11) PBS Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WCPX (38) PAX Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 TV Guide Channel $933 $3,364 $3,506 $3,655 $3,810 $3,971 $4,139 $4,315 $4,497 $4,688 WGBO (66) Univision Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WSNS (44) Telemundo Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WYCC (22) PBS Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 TBS $2,613 $9,419 $9,818 $10,234 $10,667 $11,119 $11,590 $12,081 $12,593 $13,126 Local Govt/Educational/Public Access Channel $2,613 $9,419 $9,818 $10,234 $10,667 $11,119 $11,590 $12,081 $12,593 $13,126 Total Limited Basic $6,159 $22,201 $23,142 $24,122 $25,144 $26,209 $27,319 $28,477 $29,683 $30,940

Standard Basic A & E $2,127 $7,668 $7,993 $8,331 $8,684 $9,052 $9,436 $9,835 $10,252 $10,686 American Movie Classics $2,308 $8,320 $8,673 $9,040 $9,423 $9,822 $10,239 $10,672 $11,124 $11,596 American's Health Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 America's Talking $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 America's Voice Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Animal Planet $1,385 $4,992 $5,204 $5,424 $5,654 $5,893 $6,143 $6,403 $6,675 $6,957 BET $1,358 $4,894 $5,102 $5,318 $5,543 $5,778 $6,023 $6,278 $6,544 $6,821 BET On Jazz $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Bloomberg Television $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Bravo $1,471 $5,302 $5,527 $5,761 $6,005 $6,259 $6,525 $6,801 $7,089 $7,389 Cable In the Classroom $32 $116 $120 $126 $131 $136 $142 $148 $155 $161 Cartoon Network $1,150 $4,144 $4,319 $4,502 $4,693 $4,892 $5,099 $5,315 $5,540 $5,775 CMTV $905 $3,263 $3,401 $3,545 $3,695 $3,852 $4,015 $4,185 $4,362 $4,547 CNBC $1,901 $6,852 $7,142 $7,445 $7,760 $8,089 $8,432 $8,789 $9,161 $9,549 CNN $6,036 $12,497 $13,026 $13,578 $14,153 $14,753 $15,378 $16,029 $16,708 $17,416 CNNfn $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 CNNSI $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Comedy Central $1,494 $5,384 $5,612 $5,850 $6,097 $6,356 $6,625 $6,906 $7,198 $7,503 Court TV $1,267 $4,568 $4,762 $4,963 $5,174 $5,393 $5,621 $5,859 $6,107 $6,366 C-Span $543 $1,958 $2,041 $2,127 $2,217 $2,311 $2,409 $2,511 $2,617 $2,728 Discovery $2,861 $10,311 $10,748 $11,203 $11,678 $12,172 $12,688 $13,225 $13,785 $14,369 Disney $7,695 $27,735 $28,910 $30,135 $31,411 $32,742 $34,129 $35,574 $37,081 $38,652

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 60 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming Expense - Residential

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) Do It Yourself Network $543 $1,958 $2,041 $2,127 $2,217 $2,311 $2,409 $2,511 $2,617 $2,728 E! Entertainment $1,267 $4,568 $4,762 $4,963 $5,174 $5,393 $5,621 $5,859 $6,107 $6,366 Encore $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Encore MoviePlex $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ESPN $16,412 $59,157 $61,663 $64,275 $66,998 $69,836 $72,794 $75,878 $79,092 $82,442 ESPN 2 $3,395 $12,236 $12,754 $13,295 $13,858 $14,445 $15,057 $15,695 $16,359 $17,052 EWTN $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Fit TV $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ABC Family Channel $1,657 $5,971 $6,224 $6,488 $6,763 $7,049 $7,348 $7,659 $7,983 $8,322 Food Network $769 $2,773 $2,891 $3,013 $3,141 $3,274 $3,413 $3,557 $3,708 $3,865 Fox News $1,996 $7,195 $7,500 $7,817 $8,148 $8,494 $8,853 $9,228 $9,619 $10,027 fX $2,698 $9,724 $10,135 $10,565 $11,012 $11,479 $11,965 $12,472 $13,000 $13,551 fX Movies (no fX in system) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Game Show Network $996 $3,589 $3,741 $3,900 $4,065 $4,237 $4,417 $4,604 $4,799 $5,002 Golf Channel $1,901 $6,852 $7,142 $7,445 $7,760 $8,089 $8,432 $8,789 $9,161 $9,549 Great American Country $317 $1,142 $1,190 $1,241 $1,293 $1,348 $1,405 $1,465 $1,527 $1,592 Headline News (Free with CNN) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 History Channel $1,629 $5,873 $6,122 $6,381 $6,652 $6,934 $7,227 $7,533 $7,852 $8,185 Home & Garden TV $1,358 $4,894 $5,102 $5,318 $5,543 $5,778 $6,023 $6,278 $6,544 $6,821 Home Shopping Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Independent Film Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 International Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Inspirational Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Lifetime Movie Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Learning Channel $1,457 $5,253 $5,476 $5,708 $5,950 $6,202 $6,464 $6,738 $7,024 $7,321 Lifetime $2,625 $9,463 $9,863 $10,281 $10,717 $11,171 $11,644 $12,137 $12,651 $13,187 Military Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 MSNBC $1,177 $4,242 $4,422 $4,609 $4,804 $5,008 $5,220 $5,441 $5,671 $5,911 MTV $2,670 $9,626 $10,033 $10,458 $10,901 $11,363 $11,845 $12,346 $12,869 $13,414 Much Music $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 NASA TV $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 The National Network $2,806 $10,115 $10,544 $10,990 $11,456 $11,941 $12,447 $12,974 $13,524 $14,097 NET $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Newsport $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Nickelodeon $3,829 $13,802 $14,387 $14,996 $15,632 $16,294 $16,984 $17,703 $18,453 $19,235

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 61 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming Expense - Residential

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) Nostalgia $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Hallmark Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Outdoor Life Network $1,548 $5,580 $5,816 $6,062 $6,319 $6,587 $6,866 $7,157 $7,460 $7,776 The Outdoor Channel $652 $2,349 $2,449 $2,553 $2,661 $2,773 $2,891 $3,013 $3,141 $3,274 Ovation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Oxygen $1,964 $7,081 $7,381 $7,693 $8,019 $8,359 $8,713 $9,082 $9,467 $9,868 Pax Family Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Product Information Network (PIN) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 QVC $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Women's Entertainment (formerly Romance Classics) $1,267 $4,568 $4,762 $4,963 $5,174 $5,393 $5,621 $5,859 $6,107 $6,366 Sci-Fi Network $1,448 $5,221 $5,442 $5,672 $5,913 $6,163 $6,424 $6,696 $6,980 $7,276 Speed Channel $1,548 $5,580 $5,816 $6,062 $6,319 $6,587 $6,866 $7,157 $7,460 $7,776 Fox Sports Midwest $6,789 $24,472 $25,509 $26,589 $27,716 $28,890 $30,113 $31,389 $32,719 $34,105 Style $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 TBN $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 TBS $2,535 $9,136 $9,523 $9,927 $10,347 $10,785 $11,242 $11,719 $12,215 $12,732 TNT $6,518 $23,493 $24,488 $25,526 $26,607 $27,734 $28,909 $30,133 $31,410 $32,740 Toon Disney $815 $2,937 $3,061 $3,191 $3,326 $3,467 $3,614 $3,767 $3,926 $4,093 Travel Channel $634 $2,284 $2,381 $2,482 $2,587 $2,696 $2,811 $2,930 $3,054 $3,183 Turner Classic Movies $1,992 $7,178 $7,483 $7,800 $8,130 $8,474 $8,833 $9,207 $9,597 $10,004 Turner South $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Tech TV $634 $2,284 $2,381 $2,482 $2,587 $2,696 $2,811 $2,930 $3,054 $3,183 TV Land $905 $3,263 $3,401 $3,545 $3,695 $3,852 $4,015 $4,185 $4,362 $4,547 USA Network $3,621 $13,052 $13,605 $14,181 $14,782 $15,408 $16,060 $16,741 $17,450 $18,189 VH-1 $1,177 $4,242 $4,422 $4,609 $4,804 $5,008 $5,220 $5,441 $5,671 $5,911 Weather Channel $1,412 $5,090 $5,306 $5,531 $5,765 $6,009 $6,264 $6,529 $6,805 $7,094 WeatherScan $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 SoapNet $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 National Geographic Channel $1,358 $4,894 $5,102 $5,318 $5,543 $5,778 $6,023 $6,278 $6,544 $6,821 Fine Living $996 $3,589 $3,741 $3,900 $4,065 $4,237 $4,417 $4,604 $4,799 $5,002 Galavision $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Biography (Includes History International) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 62 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming Expense - Residential

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) Annual Adjustment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Standard Basic $119,849 $422,731 $440,640 $459,305 $478,761 $499,042 $520,181 $542,216 $565,184 $589,125

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 63 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming Expense - Residential

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Premiums HBO Digital Group $5,921 $21,340 $22,244 $23,187 $24,169 $25,193 $26,260 $27,372 $28,532 $29,740 Cinemax Digital Group $2,492 $8,981 $9,362 $9,759 $10,172 $10,603 $11,052 $11,520 $12,008 $12,517 Showtime Digital Group $3,539 $12,756 $13,296 $13,859 $14,446 $15,058 $15,696 $16,361 $17,054 $17,777 The Movie Channel Digital Group $2,146 $7,737 $8,065 $8,406 $8,762 $9,133 $9,520 $9,924 $10,344 $10,782 Starz/Encore Group $4,923 $17,744 $18,496 $19,280 $20,096 $20,947 $21,835 $22,760 $23,724 $24,729 Flix Group $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Independent Film Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sundance Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Showtime Digital Combo (Show, TMC, Flix & Sundance $9,309 $33,554 $34,976 $36,457 $38,002 $39,612 $41,290 $43,039 $44,862 $46,762 HBO Digital Group/Cinemax Digital Group $4,960 $17,879 $18,636 $19,426 $20,249 $21,106 $22,000 $22,932 $23,904 $24,916 Sundance, Flix, Independent Film Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Digital Basic Tier with Music Choice $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Video on Demand Movies & Events $6,673 $24,052 $25,070 $26,132 $27,239 $28,393 $29,596 $30,850 $32,156 $33,519 Advertising Sales $9,332 $33,639 $35,064 $36,549 $38,097 $39,711 $41,393 $43,146 $44,974 $46,879 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total $49,295 $177,682 $185,209 $193,055 $201,233 $209,757 $218,642 $227,904 $237,558 $247,621

Pay Per View PPV 1 $1,244 $4,355 $4,407 $4,460 $4,513 $4,567 $4,622 $4,678 $4,734 $4,791 PPV 2 $1,244 $4,355 $4,407 $4,460 $4,513 $4,567 $4,622 $4,678 $4,734 $4,791 PPV 3 $1,244 $4,355 $4,407 $4,460 $4,513 $4,567 $4,622 $4,678 $4,734 $4,791 PPV 4 $1,244 $4,355 $4,407 $4,460 $4,513 $4,567 $4,622 $4,678 $4,734 $4,791 PPV 5 $1,244 $4,355 $4,407 $4,460 $4,513 $4,567 $4,622 $4,678 $4,734 $4,791 PPV 6 $1,244 $4,355 $4,407 $4,460 $4,513 $4,567 $4,622 $4,678 $4,734 $4,791 Open $1,244 $4,355 $4,407 $4,460 $4,513 $4,567 $4,622 $4,678 $4,734 $4,791 Open $1,244 $4,355 $4,407 $4,460 $4,513 $4,567 $4,622 $4,678 $4,734 $4,791 Open $1,244 $4,355 $4,407 $4,460 $4,513 $4,567 $4,622 $4,678 $4,734 $4,791 Total $11,199 $39,191 $39,661 $40,137 $40,619 $41,106 $41,599 $42,098 $42,604 $43,115

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 64 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming Expense - Commercial

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Limited Basic Headline News $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WBBM (2) CBS Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WGN (9) Chicago Local Off-Air $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WFLD (32) Fox Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WMAQ (5) Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WCIU (26) IND Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Local Community Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WLS (7) ABC Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WPWR (50) UPN Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WTTW (11) PBS Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WCPX (38) PAX Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 TV Guide Channel $7 $24 $25 $26 $27 $29 $30 $31 $32 $34 WGBO (66) Univision Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WSNS (44) Telemundo Chicago $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 WYCC (22) PBS Chicago $26 $92 $0 $0 $0 $0 $0 $0 $0 $0 TBS $0 $0 $71 $74 $77 $80 $84 $87 $91 $95 Local Govt/Educational/Public Access Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Limited Basic $7 $24 $25 $26 $27 $29 $30 $31 $32 $34

Standard Basic A & E $16 $57 $59 $62 $65 $67 $70 $73 $76 $79 American Movie Classics $17 $62 $64 $67 $70 $73 $76 $79 $83 $86 American's Health Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 America's Talking $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 America's Voice Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Animal Planet $10 $37 $39 $40 $42 $44 $46 $48 $50 $52 BET $10 $36 $38 $40 $41 $43 $45 $47 $49 $51 BET On Jazz $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Bloomberg Television $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Bravo $11 $39 $41 $43 $45 $47 $49 $51 $53 $55 Cable In the Classroom $3 $10 $11 $11 $12 $12 $13 $13 $14 $14 Cartoon Network $9 $31 $32 $33 $35 $36 $38 $40 $41 $43 CMTV $7 $24 $25 $26 $27 $29 $30 $31 $32 $34 CNBC $14 $51 $53 $55 $58 $60 $63 $65 $68 $71 CNN $26 $93 $97 $101 $105 $110 $114 $119 $124 $130

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 65 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming Expense - Commercial

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) CNNfn $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 CNNSI $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Comedy Central $11 $40 $42 $43 $45 $47 $49 $51 $54 $56 Court TV $9 $34 $35 $37 $38 $40 $42 $44 $45 $47 C-Span $4 $15 $15 $16 $16 $17 $18 $19 $19 $20 C-Span 2 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Discovery $21 $77 $80 $83 $87 $91 $94 $98 $103 $107 Disney $57 $206 $215 $224 $234 $243 $254 $265 $276 $287 Do It Yourself Network $4 $15 $15 $16 $16 $17 $18 $19 $19 $20 E! Entertainment $9 $34 $35 $37 $38 $40 $42 $44 $45 $47 Encore $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Encore MoviePlex $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ESPN $122 $440 $459 $478 $498 $519 $541 $564 $588 $613 ESPN 2 $25 $91 $95 $99 $103 $107 $112 $117 $122 $127 ESPN News $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ESPN Classic Sports $10 $36 $38 $40 $41 $43 $45 $47 $49 $51 EWTN $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Fit TV $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 ABC Family Channel $12 $44 $46 $48 $50 $52 $55 $57 $59 $62 Food Network $6 $21 $21 $22 $23 $24 $25 $26 $28 $29 Fox News $15 $54 $56 $58 $61 $63 $66 $69 $72 $75 fX $20 $72 $75 $79 $82 $85 $89 $93 $97 $101 fX Movies (no fX in system) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Game Show Network $7 $27 $28 $29 $30 $32 $33 $34 $36 $37 Golf Channel $14 $51 $53 $55 $58 $60 $63 $65 $68 $71 Great American Country $2 $8 $9 $9 $10 $10 $10 $11 $11 $12 Headline News (Free with CNN) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 History Channel $12 $44 $46 $47 $49 $52 $54 $56 $58 $61 Home & Garden TV $10 $36 $38 $40 $41 $43 $45 $47 $49 $51 Home Shopping Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Independent Film Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 International Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Inspirational Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Lifetime Movie Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 66 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming Expense - Commercial

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) Learning Channel $11 $39 $41 $42 $44 $46 $48 $50 $52 $54 Lifetime $20 $70 $73 $76 $80 $83 $87 $90 $94 $98 Military Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 MSNBC $9 $32 $33 $34 $36 $37 $39 $40 $42 $44 MTV $20 $72 $75 $78 $81 $84 $88 $92 $96 $100 Much Music $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 NASA TV $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 The National Network $21 $75 $78 $82 $85 $89 $93 $96 $101 $105 NET $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Newsport $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Nickelodeon $28 $103 $107 $112 $116 $121 $126 $132 $137 $143 Nostalgia $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Hallmark Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Outdoor Life Network $12 $41 $43 $45 $47 $49 $51 $53 $55 $58 The Outdoor Channel $5 $17 $18 $19 $20 $21 $21 $22 $23 $24 Ovation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Oxygen $15 $53 $55 $57 $60 $62 $65 $68 $70 $73 Pax Family Network $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Product Information Network (PIN) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 QVC $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Women's Entertainment (formerly Romance Classics) $9 $34 $35 $37 $38 $40 $42 $44 $45 $47 Sci-Fi Network $11 $39 $40 $42 $44 $46 $48 $50 $52 $54 Speed Channel $12 $41 $43 $45 $47 $49 $51 $53 $55 $58 Fox Sports Midwest $50 $182 $190 $198 $206 $215 $224 $233 $243 $254 Style $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 TBN $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 TBS $19 $68 $71 $74 $77 $80 $84 $87 $91 $95 TNT $48 $175 $182 $190 $198 $206 $215 $224 $234 $243 Toon Disney $6 $22 $23 $24 $25 $26 $27 $28 $29 $30 Travel Channel $5 $17 $18 $18 $19 $20 $21 $22 $23 $24 Turner Classic Movies $15 $53 $56 $58 $60 $63 $66 $68 $71 $74 Turner South $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Tech TV $5 $17 $18 $18 $19 $20 $21 $22 $23 $24 TV Land $7 $24 $25 $26 $27 $29 $30 $31 $32 $34 USA Network $27 $97 $101 $105 $110 $115 $119 $124 $130 $135

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 67 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming Expense - Commercial

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard Basic (Cont.) VH-1 $9 $32 $33 $34 $36 $37 $39 $40 $42 $44 Weather Channel $11 $38 $39 $41 $43 $45 $47 $49 $51 $53 WeatherScan $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 SoapNet $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 National Geographic Channel $10 $36 $38 $40 $41 $43 $45 $47 $49 $51 Fine Living $7 $27 $28 $29 $30 $32 $33 $34 $36 $37 Galavision $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Biography (Includes History International) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Standard Basic $885 $3,189 $3,324 $3,465 $3,612 $3,765 $3,925 $4,091 $4,264 $4,445

HBO Analog Only $534 $1,924 $2,006 $2,091 $2,179 $2,271 $2,368 $2,468 $2,572 $2,681 Pay Per View $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 68 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Begin All Services

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Basic 0 2,708 2,738 2,771 2,804 2,838 2,872 2,906 2,941 2,976 Expanded Basic 0 2,627 2,656 2,688 2,720 2,752 2,785 2,819 2,853 2,887 Business Basic 0556666666 Line Maintenance Plan 0 1,760 1,780 1,801 1,823 1,844 1,867 1,889 1,912 1,935 HBO Digital Group 0 217 219 222 224 227 230 232 235 238 Cinemax Digital Group 0 162 164 166 168 170 172 174 176 179 Showtime Digital Group 0 162 164 166 168 170 172 174 176 179 The Movie Channel Digital Group 0 135 137 139 140 142 144 145 147 149 Starz/Encore Group 0 338 342 346 350 355 359 363 368 372 Flix Group 0000000000 Independent Film Channel 0000000000 Sundance Channel 0000000000 Showtime Digital Combo (Show, TMC, Flix & Sundance 0 406 411 416 421 426 431 436 441 446 HBO Digital Group/Cinemax Digital Group 0 135 137 139 140 142 144 145 147 149 Sundance, Flix, Independent Film Channel 0000000000 Digital Basic Tier with Music Choice 0 650 657 665 673 681 689 697 706 714 Video on Demand Movies & Events 0 298 301 305 308 312 316 320 324 327 Advertising Sales 0 2,708 2,738 2,771 2,804 2,838 2,872 2,906 2,941 2,976 Open 0000000000 Open 0000000000 Open 0000000000

Commercial Basic 0 96 97 98 100 101 102 103 105 106 Commercial HBO 0 19 19 20 20 20 20 21 21 21 Commercial Pay Per View 0000000000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 69 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Begin All Services (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard High Speed Data - Level 1 0 93 193 199 204 209 214 219 224 229 Silver High Speed Data - Level 2 0 243 504 508 513 519 526 534 542 552 Gold & Platnimum High Speed Data - Level 3 0 176 365 368 371 375 379 382 386 390

Standard Business High Speed Data - Level 1 0 10 10 10 10 10 10 10 10 11 Standard Business High Speed Data - Level 2 0 19 19 19 20 20 20 20 21 21 Business Plus High Speed Data - Level 1 0 28 29 29 29 30 30 30 31 31 Business Plus High Speed Data - Level 2 0 37 38 38 39 39 40 40 41 41 Business Elite High Speed Data - Level 1 0 47 47 48 48 49 50 50 51 51 Business Elite High Speed Data - Level 2 0 56 57 57 58 59 59 60 61 62 Direct Business High Speed Data - Level 1 0 65 66 67 68 68 69 70 71 72 Direct Business High Speed Data - Level 2 0 75 75 76 77 78 79 80 81 82

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 70 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Add All Services

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Basic 2,708 30 33 33 34 34 34 35 35 36 Expanded Basic 2,627 29 32 32 33 33 33 34 34 35 Business Basic 5000000000 Line Maintenance Plan 1,760 19 21 22 22 22 22 23 23 23 HBO Digital Group 217233333333 Cinemax Digital Group 162222222222 Showtime Digital Group 162222222222 The Movie Channel Digital Group 135122222222 Starz/Encore Group 338444444444 Flix Group 0000000000 Independent Film Channel 0000000000 Sundance Channel 0000000000 Showtime Digital Combo (Show, TMC, Flix & Sundance 406455555555

Commercial Basic 96111111111 Commercial HBO 19000000000 Commercial Pay Per View 0000000000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 71 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Add All Services (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard High Speed Data - Level 1 60111111111 Silver High Speed Data - Level 2 15534567891011 Gold & Platnimum High Speed Data - Level 3 113111111111 High Speed Data - Level 1 - Remarket 35 108 17 18 18 18 18 18 19 19 High Speed Data - Level 2 - Remarket 92 281 32 32 33 33 34 34 34 35 High Speed Data - Level 3 - Remarket 67 204 25 26 26 26 27 27 27 28 Total 522 598 81 83 85 87 89 91 93 95

Standard Business High Speed Data - Level 1 10000000000 Standard Business High Speed Data - Level 2 19000000000 Business Plus High Speed Data - Level 1 28000000000 Business Plus High Speed Data - Level 2 37000000000 Business Elite High Speed Data - Level 1 47111111111 Business Elite High Speed Data - Level 2 56111111111 Direct Business High Speed Data - Level 1 65111111111 Direct Business High Speed Data - Level 2 75111111111 Total 337444444444

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 72 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 End All Services

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Basic 2,708 2,738 2,771 2,804 2,838 2,872 2,906 2,941 2,976 3,012 Expanded Basic 2,627 2,656 2,688 2,720 2,752 2,785 2,819 2,853 2,887 2,922 Business Basic 5566666666 Line Maintenance Plan 1,760 1,780 1,801 1,823 1,844 1,867 1,889 1,912 1,935 1,958 HBO Digital Group 217 219 222 224 227 230 232 235 238 241 Cinemax Digital Group 162 164 166 168 170 172 174 176 179 181 Showtime Digital Group 162 164 166 168 170 172 174 176 179 181 The Movie Channel Digital Group 135 137 139 140 142 144 145 147 149 151 Starz/Encore Group 338 342 346 350 355 359 363 368 372 376 Flix Group 0000000000 Independent Film Channel 0000000000 Sundance Channel 0000000000 Showtime Digital Combo (Show, TMC, Flix & Sundance 406 411 416 421 426 431 436 441 446 452

Commercial Basic 96 97 98 100 101 102 103 105 106 107 Commercial HBO 19 19 20 20 20 20 21 21 21 21 Commercial Pay Per View 0000000000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 73 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 End All Services (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

High Speed Data - Level 1 Disconnects 2 9 13 13 13 14 14 14 15 15 High Speed Data - Level 2 Disconnects 4 23 32 33 33 34 34 35 35 36 High Speed Data - Level 3 Disconnects 3 17 23 24 24 24 24 25 25 25

High Speed Data - Level 1 Net 93 193 199 204 209 214 219 224 229 233 High Speed Data - Level 2 Net 243 504 508 513 519 526 534 542 552 562 High Speed Data - Level 3 Net 176 365 368 371 375 379 382 386 390 394

Standard Business High Speed Data - Level 1 10 10 10 10 10 10 10 10 11 11 Standard Business High Speed Data - Level 2 19 19 19 20 20 20 20 21 21 21 Business Plus High Speed Data - Level 1 28 29 29 29 30 30 30 31 31 31 Business Plus High Speed Data - Level 2 37 38 38 39 39 40 40 41 41 42 Business Elite High Speed Data - Level 1 47 47 48 48 49 50 50 51 51 52 Business Elite High Speed Data - Level 2 56 57 57 58 59 59 60 61 62 62 Direct Business High Speed Data - Level 1 65 66 67 68 68 69 70 71 72 73 Direct Business High Speed Data - Level 2 75 75 76 77 78 79 80 81 82 83 Total Commercial High Speed Data 337 341 345 349 353 357 362 366 370 375

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 74 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Average All Services

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Basic 778 2,722 2,754 2,787 2,821 2,855 2,889 2,923 2,959 2,994 Expanded Basic 754 2,640 2,672 2,704 2,736 2,769 2,802 2,836 2,870 2,904 Business Basic 2566666666 Line Maintenance Plan 506 1,769 1,790 1,812 1,833 1,855 1,878 1,900 1,923 1,946 HBO Digital Group 62 218 220 223 226 228 231 234 237 240 Cinemax Digital Group 47 163 165 167 169 171 173 175 178 180 Showtime Digital Group 47 163 165 167 169 171 173 175 178 180 The Movie Channel Digital Group 39 136 138 139 141 143 144 146 148 150 Starz/Encore Group 97 340 344 348 353 357 361 365 370 374 Flix Group 0000000000 Independent Film Channel 0000000000 Sundance Channel 0000000000 Showtime Digital Combo (Show, TMC, Flix & Sundance 117 408 413 418 423 428 433 439 444 449 HBO Digital Group/Cinemax Digital Group 39 136 138 139 141 143 144 146 148 150 Sundance, Flix, Independent Film Channel 0000000000 Digital Basic Tier with Music Choice 187 653 661 669 677 685 693 702 710 719 Video on Demand Movies & Events 86 299 303 307 310 314 318 322 325 329 Advertising Sales 778 2,722 2,754 2,787 2,821 2,855 2,889 2,923 2,959 2,994 Open 0000000000 Open 0000000000 Open 0000000000

Commercial Basic 28 97 98 99 100 101 103 104 105 106 Commercial HBO 6 19 20 20 20 20 21 21 21 21 Commercial Pay Per View 0000000000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 75 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Average All Services (Cont.)

Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10

Standard High Speed Data - Level 1 24 144 196 201 206 212 217 221 226 231 Silver High Speed Data - Level 2 62 374 506 511 516 522 530 538 547 557 Gold & Platnimum High Speed Data - Level 3 45 271 366 370 373 377 380 384 388 392 Total 131 789 1,068 1,081 1,096 1,111 1,127 1,144 1,161 1,180

Standard Business High Speed Data - Level 1 3 10 10 10 10 10 10 10 11 11 Standard Business High Speed Data - Level 2 5 19 19 19 20 20 20 20 21 21 Business Plus High Speed Data - Level 1 8 28 29 29 29 30 30 30 31 31 Business Plus High Speed Data - Level 2 11 38 38 39 39 40 40 40 41 41 Business Elite High Speed Data - Level 1 13 47 48 48 49 49 50 50 51 52 Business Elite High Speed Data - Level 2 16 56 57 58 58 59 60 61 61 62 Direct Business High Speed Data - Level 1 19 66 66 67 68 69 70 71 71 72 Direct Business High Speed Data - Level 2 21 75 76 77 78 79 80 81 82 83 Total 97 339 343 347 351 355 360 364 368 373

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 1 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Bond Compliance Flow of Funds

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Customer Revenues Video $0 $0 $0 $0 $0 $6,959 $24,355 $48,710 $76,544 $104,379 $128,734 $147,522 Residential High Speed Data $0 $0 $0 $0 $0 $2,433 $5,463 $9,588 $13,684 $18,154 $21,778 $25,351 Commerial Video and High Speed Data $0 $0 $0 $0 $0 $38,093 $64,533 $94,671 $109,458 $124,246 $119,987 $119,650 Telecommunications $0 $0 $0 $0 $1,645 $1,630 $13,727 $54,204 $100,701 $136,672 $168,229 $192,536

Total Customer Operating Revenues $0 $0 $0 $0 $1,645 $49,115 $108,078 $207,173 $300,388 $383,450 $438,727 $485,059

Customer Operating Expenses Video $35,275 $35,275 $37,018 $39,382 $52,774 $63,635 $65,430 $79,248 $99,145 $111,314 $123,486 $191,797 Residential High Speed Data $450 $450 $450 $8,259 $8,259 $8,401 $8,991 $9,555 $10,488 $11,266 $12,301 $13,044 Commerial Video and High Speed Data $0 $0 $0 $0 $0 $505 $3,830 $6,606 $9,616 $13,610 $16,308 $17,587 Telecommunications $8,709 $9,009 $9,009 $9,009 $15,554 $13,540 $46,745 $82,137 $73,978 $79,902 $90,479 $94,585

Total Customer Operating Expenses $44,434 $44,734 $46,477 $56,651 $76,587 $86,081 $124,996 $177,547 $193,227 $216,092 $242,575 $317,013

Net Revenues Before Other Resolution Income & Expenses Video ($35,275) ($35,275) ($37,018) ($39,382) ($52,774) ($56,676) ($41,075) ($30,538) ($22,600) ($6,935) $5,248 ($44,275) Residential High Speed Data ($450) ($450) ($450) ($8,259) ($8,259) ($5,968) ($3,528) $33 $3,196 $6,888 $9,476 $12,307 Commerial Video and High Speed Data $0 $0 $0 $0 $0 $37,588 $60,703 $88,064 $99,842 $110,636 $103,679 $102,063 Telecommunications ($8,709) ($9,009) ($9,009) ($9,009) ($13,909) ($11,909) ($33,018) ($27,933) $26,723 $56,770 $77,749 $97,951

Total Net Revenues Before Other O&M Under Resolution ($44,434) ($44,734) ($46,477) ($56,651) ($74,943) ($36,966) ($16,918) $29,626 $107,161 $167,358 $196,152 $168,046

Other Income & Expenses Interest Earned $0 $27,455 $24,957 $24,841 $24,447 $18,303 $17,019 $14,235 $11,393 $8,761 $6,253 $4,399 Other O&M Expenses Under Resolution $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Net Revenues As Defined By Resolution ($44,434) ($17,279) ($21,520) ($31,809) ($50,495) ($18,662) $101 $43,862 $118,554 $176,119 $202,405 $172,445

Uses of Net Revenue Debt Service (Defined as Principal and Interest) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Utility Plant Improvement Fund $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Fund Transfer $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Net Available for Flow of Funds ($44,434) ($17,279) ($21,520) ($31,809) ($50,495) ($18,662) $101 $43,862 $118,554 $176,119 $202,405 $172,445

Debt Service Coverage 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 2 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Customer Summary

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Homes Passed by Service Area Geneva, Illinois 000007111,778 3,200 4,622 6,044 7,111 7,964 Phase II Service Area 000000000000 Phase III Service Area 000000000000 Total 000007111,778 3,200 4,622 6,044 7,111 7,964

Total Video Customers by Service Area Geneva, Illinois 000002426041,088 1,572 2,055 2,418 2,708 Phase II Service Area 000000000000 Phase III Service Area 000000000000 Total 000002426041,088 1,572 2,055 2,418 2,708 Video Customers to Homes Passed 0.0% 0.0% 0.0% 0.0% 0.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0%

Total Residential Data Customers Total 000003388165251345431513 Residential Data Customer to Homes Passed 0.0% 0.0% 0.0% 0.0% 0.0% 4.7% 4.9% 5.2% 5.4% 5.7% 6.1% 6.4%

Residential Telephone Customers in Service Residential Households 000000124224324423498558 Multiple Dwelling Units 00000091623303640 Total Residential Telephone Customers in Service 000000133240347453533597 Residential Telephone Customers to Homes Passed 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 7.5% 7.5% 7.5% 7.5% 7.5% 7.5%

Commercial Customers Passed Geneva, Illinois 000001724307741,117 1,461 1,719 1,925 Phase II Service Area 000000000000 Phase III Service Area 000000000000 End Commercial Units Passed 000001724307741,117 1,461 1,719 1,925

Commercial Data Customers Total 000001553105165226278319 Commercial Data Customer to Units Passed 0.0% 0.0% 0.0% 0.0% 0.0% 8.8% 12.3% 13.6% 14.8% 15.4% 16.2% 16.6%

Commercial Telephone Customers in Service Small Business A 00000003956738696 Small Business B 00000002942556472 Large Entities 000000111928374348 Total 0000001187126164193217 Commercial Telephone Customers to Units Passed 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 2.5% 11.3% 11.3% 11.3% 11.3% 11.3%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 3 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Summary (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Average Video Customers by Service Area Geneva, Illinois 000001214238461,330 1,813 2,236 2,563 Phase II Service Area 000000000000 Phase III Service Area 000000000000 Total Average Video Customers 000001214238461,330 1,813 2,236 2,563

Average Video Customers Percentage by Service Area Geneva, Illinois 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Phase II Service Area 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Phase III Service Area 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Total Average Video Customers to Homes Passed 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 34.00% 34.00% 34.00% 34.00% 34.00% 34.00%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 5 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Summary (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Total Plant Miles by Service Area Geneva, Illinois 0.00 0.00 0.00 0.00 0.00 10.00 25.00 45.00 65.00 85.00 100.00 112.00 Phase II Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase III Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Plant Miles 0.00 0.00 0.00 0.00 0.00 10.00 25.00 45.00 65.00 85.00 100.00 112.00

Plant Miles % Per Service Area Geneva, Illinois 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Phase II Service Area 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Phase III Service Area 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 13 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Telecommunications Customer Assumptions (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Lines Sold Residential Households 0000001491201191208972 Multiple Dwelling Units 0000001189875 Small Business A 000000015568695241 Small Business B 00000002901291299777 Large Entities 000000269214215215161129 Grand Total Lines Sold 000000429787540541406324

Lines in Service (EOP) Residential Households 000000149269388508597669 Multiple Dwelling Units 000000111928364348 Small Business A 0000000155223292344385 Small Business B 0000000290419548645722 Large Entities 0000002694836989131,074 1,203 Grand Total Lines In Service EOP 0000004291,216 1,756 2,297 2,703 3,027

Average Lines Residential Households 00000075209329448553633 Multiple Dwelling Units 00000061524324046 Small Business A 000000078189258318365 Small Business B 0000000145355484597684 Large Entities 0000001353765918069941,139 Grand Total Average Lines In Service 0000002168231,488 2,028 2,502 2,867

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 4 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Summary (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Commercial Customers Passed Begin Commercial Units Passed 0000001724307741,117 1,461 1,719 Geneva, Illinois 000001724307741,117 1,461 1,719 1,925 Phase II Service Area 000000000000 Phase III Service Area 000000000000 End Commercial Units Passed 000001724307741,117 1,461 1,719 1,925

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 12 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Telecommunications Customer Assumptions

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Customers Sold Residential Households 0000001241001001007560 Multiple Dwelling Units 000000977754 Small Business A 00000003917171310 Small Business B 0000000291313108 Large Entities 0000001199965 Grand Total Customers Sold 00000014418314514510987

Customers in Service - EOP Residential Households 000000124224324423498558 Multiple Dwelling Units 00000091623303640 Small Business A 00000003956738696 Small Business B 00000002942556472 Large Entities 000000111928374348 Grand Total Customers In Service EOP 000000144327472618727814

Average Customers Residential Households 00000062174274373460528 Multiple Dwelling Units 00000041220273338 Small Business A 00000001947648091 Small Business B 00000001535486068 Large Entities 00000051524324046 Grand Total Average Customers 00000071235400544673771

Average Service Penetration Residential Households 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.49% 5.44% 5.93% 6.17% 6.47% 6.63% Multiple Dwelling Units 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.23% 0.38% 0.43% 0.45% 0.46% 0.48% Small Business A 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.46% 4.21% 4.38% 4.65% 4.73% Small Business B 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.94% 3.13% 3.29% 3.49% 3.53% Large Entities 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.16% 1.94% 2.15% 2.19% 2.33% 2.39% Average Residential Service Penetration 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.71% 5.81% 6.36% 6.62% 6.93% 7.11% Average Commercial Service Penetration 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.16% 6.33% 9.49% 9.86% 10.47% 10.65%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 22 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Sources and Uses

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Sources Begin Cash on Hand $0 $19,995,887 $19,965,483 $19,873,088 $19,557,779 $14,642,799 $13,614,871 $11,388,377 $9,114,264 $7,009,000 $5,002,034 $3,519,546 Paid In Capital - Broadband Service Provider $100,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue Bond Issue Proceeds - Capital Budget $18,205,728 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue Bond Issue Proceeds - Capitalized Interest $1,968,400 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue Bond Issue Proceeds - Debt Service Reserve $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Cost of Revenue Bond Financing $174,048 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Original Issue and Underwriters Discount $257,736 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue Bond Financing Insurance $109,816 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Excess Revenue Bond Proceeds $4,272 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subordinated Debt - Broadband Service Provider $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Interest Earned $0 $27,455 $24,957 $24,841 $24,447 $18,303 $17,019 $14,235 $11,393 $8,761 $6,253 $4,399 Utility Plant Improvement Fund $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 EBITDA $0 $0 $0 $0 $0 $0 $0 $29,626 $107,161 $167,358 $196,152 $168,046 Total Sources $20,820,000 $20,023,342 $19,990,440 $19,897,929 $19,582,226 $14,661,103 $13,631,890 $11,432,238 $9,232,818 $7,185,119 $5,204,439 $3,691,991

Uses Capital Expenditures $138,079 $13,125 $70,875 $283,500 $4,864,484 $1,009,266 $1,734,495 $2,317,975 $2,223,818 $2,183,085 $1,684,892 $1,318,967 Operating Loss $44,434 $44,734 $46,477 $56,651 $74,943 $36,966 $16,918 $0 $0 $0 $0 $0 Revenue Bond Issue Interest $0 $0 $0 $0 $0 $0 $492,100 $0 $0 $0 $0 $0 Revenue Bond Principal Reduction $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Cost of Revenue Bond Financing $174,048 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Original Issue and Underwriters Discount $257,736 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Revenue Bond Financing Insurance $109,816 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subordinated Debt - Broadband Service Provider Interest $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subordinated Debt - Broadband Service Provider Principal $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Reimbursement - Broadband Service Provider $100,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Utility Plant Improvement Fund $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Property Tax Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 GG Fund Transfer $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Uses $824,113 $57,859 $117,352 $340,151 $4,939,427 $1,046,232 $2,243,513 $2,317,975 $2,223,818 $2,183,085 $1,684,892 $1,318,967

End Cash on Hand $19,995,887 $19,965,483 $19,873,088 $19,557,779 $14,642,799 $13,614,871 $11,388,377 $9,114,264 $7,009,000 $5,002,034 $3,519,546 $2,373,025

Total Amount of Revenue Bond Financing: $20,720,000 Total Amount of Subordinated Debt Financing: $0

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 20 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Cash Flow Statement

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Video Services Revenue $0 $0 $0 $0 $0 $6,959 $24,355 $48,710 $76,544 $104,379 $128,734 $147,522 Video Services Operating Expenses $35,275 $35,275 $37,018 $39,382 $52,774 $63,635 $65,430 $79,248 $99,145 $111,314 $123,486 $191,797 Video Services Customer Cash Flow ($35,275) ($35,275) ($37,018) ($39,382) ($52,774) ($56,676) ($41,075) ($30,538) ($22,600) ($6,935) $5,248 ($44,275)

Residential High Speed Data Revenue $0 $0 $0 $0 $0 $2,433 $5,463 $9,588 $13,684 $18,154 $21,778 $25,351 Residential High Speed Data Expense $450 $450 $450 $8,259 $8,259 $8,401 $8,991 $9,555 $10,488 $11,266 $12,301 $13,044 Residential High Speed Data Cash Flow ($450) ($450) ($450) ($8,259) ($8,259) ($5,968) ($3,528) $33 $3,196 $6,888 $9,476 $12,307

Commercial Video and High Speed Data Revenue $0 $0 $0 $0 $0 $38,093 $64,533 $94,671 $109,458 $124,246 $119,987 $119,650 Commercial Video and High Speed Data Operating Exp. $0 $0 $0 $0 $0 $505 $3,830 $6,606 $9,616 $13,610 $16,308 $17,587 Commercial Cash Flow $0 $0 $0 $0 $0 $37,588 $60,703 $88,064 $99,842 $110,636 $103,679 $102,063

Telecommunications Revenue $0 $0 $0 $0 $1,645 $1,630 $13,727 $54,204 $100,701 $136,672 $168,229 $192,536 Telecommunications Expenses $8,709 $9,009 $9,009 $9,009 $15,554 $13,540 $46,745 $82,137 $73,978 $79,902 $90,479 $94,585 Telecommunications Cash Flow ($8,709) ($9,009) ($9,009) ($9,009) ($13,909) ($11,909) ($33,018) ($27,933) $26,723 $56,770 $77,749 $97,951

Total Revenue $0 $0 $0 $0 $1,645 $49,115 $108,078 $207,173 $300,388 $383,450 $438,727 $485,059 Total Operating Expense $44,434 $44,734 $46,477 $56,651 $76,587 $86,081 $124,996 $177,547 $193,227 $216,092 $242,575 $317,013 EBITDA ($44,434) ($44,734) ($46,477) ($56,651) ($74,943) ($36,966) ($16,918) $29,626 $107,161 $167,358 $196,152 $168,046

Interest Earned $0 $27,455 $24,957 $24,841 $24,447 $18,303 $17,019 $14,235 $11,393 $8,761 $6,253 $4,399

Municipal Bond - Interest $0 $0 $0 $0 $0 $0 $492,100 $0 $0 $0 $0 $0 Municipal Bond - Principal $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Municipal Bond - Total $0 $0 $0 $0 $0 $0 $492,100 $0 $0 $0 $0 $0

Net Operating Cash Flow ($44,434) ($17,279) ($21,520) ($31,809) ($50,495) ($18,662) ($491,999) $43,862 $118,554 $176,119 $202,405 $172,445 Cummulative Cash Flow ($44,434) ($61,713) ($83,233) ($115,042) ($165,537) ($184,200) ($676,199) ($632,337) ($513,783) ($337,664) ($135,259) $37,186

Operating Expense Ratio 0% 0% 0% 0% 0% 0% 269% 163% 130% 107% 96% 130% Operating Income Ratio 0% 0% 0% 0% 0% 0% -169% -63% -30% -7% 4% -30%

Debt Service Coverage Ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Rate of Return on Depreciated Assets -32.36% -11.55% -9.82% -6.36% -0.95% -0.30% 0.00% 0.43% 0.96% 1.21% 1.26% 1.00% Outstanding Debt Ratio to Assets 0.97 0.97 0.97 0.97 0.96 0.96 0.94 0.93 0.94 0.94 0.95 0.95

Cable Services Percentage of Total Revenue 0% 0% 0% 0% 0% 0% 87% 74% 66% 64% 62% 60% Telecom Services Percentage of Total Revenue 0% 0% 0% 0% 0% 0% 13% 26% 34% 36% 38% 40%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 19 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Income Statement

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Subscriber Revenue $0 $0 $0 $0 $1,645 $49,115 $108,078 $207,173 $300,388 $383,450 $438,727 $485,059 Interest Earned $0 $27,455 $24,957 $24,841 $24,447 $18,303 $17,019 $14,235 $11,393 $8,761 $6,253 $4,399 Total Revenue $0 $27,455 $24,957 $24,841 $26,092 $67,418 $125,097 $221,408 $311,781 $392,211 $444,979 $489,458

Operating Expenses $44,434 $44,734 $46,477 $56,651 $76,587 $86,081 $124,996 $177,547 $193,227 $216,092 $242,575 $317,013 Depreciation Expense $767 $840 $1,234 $2,809 $29,834 $35,441 $45,077 $57,954 $70,309 $82,437 $91,798 $99,125 Property Tax Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Operating Income ($45,201) ($18,119) ($22,754) ($34,618) ($80,329) ($54,103) ($44,976) ($14,093) $48,245 $93,682 $110,607 $73,320

Interest Expense $0 $0 $0 $0 $0 $0 $492,100 $0 $0 $0 $0 $0

Net Income ($45,201) ($18,119) ($22,754) ($34,618) ($80,329) ($54,103) ($537,076) ($14,093) $48,245 $93,682 $110,607 $73,320

Fund Transfer $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Net Income After Fund Transfer ($45,201) ($18,119) ($22,754) ($34,618) ($80,329) ($54,103) ($537,076) ($14,093) $48,245 $93,682 $110,607 $73,320

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 21 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Additional Information

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Total Capital Expenditures $138,079 $13,125 $70,875 $283,500 $4,864,484 $1,009,266 $1,734,495 $2,317,975 $2,223,818 $2,183,085 $1,684,892 $1,318,967 Total Capital Expenditures to Date $138,079 $151,204 $222,079 $505,579 $5,370,063 $6,379,329 $8,113,825 $10,431,799 $12,655,617 $14,838,702 $16,523,594 $17,842,561 Total Capital Expenditures Per Video Customer $0 $0 $0 $0 $0 $0 $19,040 $12,239 $9,449 $8,125 $7,336 $6,912

Total Residential Plant Cost $138,079 $13,125 $70,875 $283,500 $4,864,484 $1,009,266 $1,734,495 $2,317,975 $2,223,818 $2,183,085 $1,684,892 $1,318,967 Total Residential Plant Cost to Date $138,079 $151,204 $222,079 $505,579 $5,370,063 $6,379,329 $8,113,825 $10,431,799 $12,655,617 $14,838,702 $16,523,594 $17,842,561

Total Plant Cost $138,079 $13,125 $70,875 $283,500 $4,864,484 $1,009,266 $1,734,495 $2,317,975 $2,223,818 $2,183,085 $1,684,892 $1,318,967 Total Plant Cost to Date $138,079 $151,204 $222,079 $505,579 $5,370,063 $6,379,329 $8,113,825 $10,431,799 $12,655,617 $14,838,702 $16,523,594 $17,842,561

Total Cost Per Residential Plant Mile $0 $0 $0 $0 $0 $0 $324,553 $231,818 $194,702 $174,573 $165,236 $159,309 Total Plant Cost Per Home Passed $0 $0 $0 $0 $0 $0 $4,564 $3,260 $2,738 $2,455 $2,324 $2,240 Total Plant Cost Per Customer $0 $0 $0 $0 $0 $0 $13,424 $9,588 $8,053 $7,221 $6,834 $6,589

Paid In Capital $100,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Paid in Capital $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000

Total Debt $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 EBITDA to Debt Multiple 0.00 0.00 $0 0.00 (276.48) (560.52) (1,224.74) 699.38 193.35 123.81 105.63 123.30 Debt Per Customer $0 $0 $0 $0 $0 $0 $48,621 $24,310 $15,470 $11,345 $9,199 $8,027 Accumulated Depreciation $767 $1,607 $2,841 $5,650 $35,483 $70,924 $116,001 $173,955 $244,264 $326,702 $418,499 $517,625 Depreciable Plant in Service and Inventory $137,312 $149,597 $219,238 $499,930 $5,334,580 $6,308,405 $7,997,824 $10,257,844 $12,411,353 $14,512,001 $16,105,095 $17,324,937

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 24 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Variables and Valuation

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Equity Additions $100,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Equity $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000

Debt Additions $20,720,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Municipal Bond Debt Before Principal Reduction $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 Municipal Bond Debt Reductions $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Municipal Bond Debt $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000

Municipal Bonds Available $20,720,000 $19,995,887 $19,965,483 $19,873,088 $19,557,779 $14,642,799 $13,614,871 $11,388,377 $9,114,264 $7,009,000 $5,002,034 $3,519,546 Municipal Bond Draw $624,113 $0 $0 $315,309 $4,914,980 $1,027,928 $2,226,495 $2,274,113 $2,105,264 $2,006,966 $1,482,488 $1,146,522 Cash on Hand $19,995,887 $19,965,483 $19,873,088 $19,557,779 $14,642,799 $13,614,871 $11,388,377 $9,114,264 $7,009,000 $5,002,034 $3,519,546 $2,373,025

Loans From Shareholders $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Preferred Stock $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Valuation Equity $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 $100,000 Senior Debt $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 Sub Debt $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Loans From Shareholders $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Preferred Stock $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Liabilities $20,820,000 $20,820,000 $20,820,000 $20,820,000 $20,820,000 $20,820,000 $20,820,000 $20,820,000 $20,820,000 $20,820,000 $20,820,000 $20,820,000

EBITDA ($44,434) ($44,734) ($46,477) ($56,651) ($74,943) ($36,966) ($16,918) $29,626 $107,161 $167,358 $196,152 $168,046

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 25 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Variables and Valuation (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Sale Price @ a Multiple of: 8 ($355,473) ($357,873) ($371,815) ($453,204) ($599,540) ($295,727) ($135,343) $237,009 $857,292 $1,338,864 $1,569,217 $1,344,365 End Cash $19,995,887 $19,965,483 $19,873,088 $19,557,779 $14,642,799 $13,614,871 $11,388,377 $9,114,264 $7,009,000 $5,002,034 $3,519,546 $2,373,025 Gross Profit ($1,179,586) ($1,212,390) ($1,318,727) ($1,715,425) ($6,776,741) ($7,500,856) ($9,566,966) ($11,468,727) ($12,953,708) ($14,479,102) ($15,731,236) ($17,102,610) Return on Equity 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Annual Rate of Return 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% Return on Assets -5.7% -5.9% -6.4% -8.3% -33.0% -36.7% -48.0% -57.6% -64.9% -72.2% -78.0% -84.5% Annual Rate of Return on Depreciated Assets 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

Total Video Customers 0 0 $0 0 0 122 426 852 1,339 1,826 2,253 2,581 Sales Price Per Video Customer $0 $0 $0 $0 $0 $0 ($318) $278 $640 $733 $697 $521 Total Cost Per Video Customer $0 $0 $0 $0 $0 $0 $48,855 $24,428 $15,545 $11,400 $9,243 $8,066 Profit (Loss) Per Video Customer $0 $0 $0 $0 $0 $0 ($49,173) ($24,150) ($14,905) ($10,667) ($8,546) ($7,545)

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 23 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Balance Sheet Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

ASSETS Current Assets Cash and cash equivalents $19,995,887 $19,965,483 $19,873,088 $19,557,779 $14,642,799 $13,614,871 $11,388,377 $9,114,264 $7,009,000 $5,002,034 $3,519,546 $2,373,025 Short Term Investments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Receivable, Net $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Inventories, Net $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Current Assets $19,995,887 $19,965,483 $19,873,088 $19,557,779 $14,642,799 $13,614,871 $11,388,377 $9,114,264 $7,009,000 $5,002,034 $3,519,546 $2,373,025 Fixed Assets Land and Buildings $0 $0 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 $20,000 Leasehold Improvements $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Towers, Earth Stations and Headend Equipment $0 $0 $0 $0 $4,512,842 $4,512,842 $4,512,842 $4,512,842 $4,512,842 $4,512,842 $4,512,842 $4,512,842 Distribution Plant and Subscriber Drops $66,504 $66,504 $66,504 $66,504 $66,504 $667,503 $1,571,655 $2,792,495 $4,004,047 $5,215,598 $6,124,262 $6,851,193 Customer Premise Equipment $0 $0 $0 $0 $0 $331,947 $903,337 $1,845,525 $2,666,889 $3,489,022 $4,107,013 $4,602,635 Computer Equipment and Software $0 $0 $35,000 $115,000 $135,000 $135,000 $135,000 $135,000 $135,000 $135,000 $135,000 $135,000 Vehicles, Machines, Mobile Comm. and Other Equipment $52,500 $52,500 $52,500 $105,000 $192,500 $192,500 $332,500 $332,500 $367,500 $367,500 $402,500 $402,500 Test Equipment and Special Tools $0 $0 $0 $125,000 $125,000 $125,000 $125,000 $125,000 $130,000 $130,000 $135,000 $135,000 Furniture, Fixtures and Other Equipment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Equipment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Assets $19,075 $32,200 $48,075 $74,075 $318,217 $394,537 $513,490 $668,437 $819,339 $968,740 $1,086,977 $1,183,391 Less accumulated depreciation and amortization ($767) ($1,607) ($2,841) ($5,650) ($35,483) ($70,924) ($116,001) ($173,955) ($244,264) ($326,702) ($418,499) ($517,625) Total Fixed Assets $137,312 $149,597 $219,238 $499,930 $5,334,580 $6,308,405 $7,997,824 $10,257,844 $12,411,353 $14,512,001 $16,105,095 $17,324,937 Other Assets Other Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Cost of Bond Financing & Insurance $541,600 $541,600 $541,600 $541,600 $541,600 $541,600 $541,600 $541,600 $541,600 $541,600 $541,600 $541,600 Total Assets $20,674,799 $20,656,680 $20,633,926 $20,599,308 $20,518,979 $20,464,876 $19,927,800 $19,913,707 $19,961,953 $20,055,635 $20,166,242 $20,239,561

LIABILITIES AND FUND EQUITY Current Liabilities Accounts Payable and accrued liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Due to other Funds $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Current Liabilities $0$0$0$0$0$0$0$0$0$0$0$0 Total Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Long Term Debt Bonds Payable $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 Other Payables $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Long Term Debt $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 Total Liabilities $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 $20,720,000 Fund Equity Reserved Funds: $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Reserved Funds $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Unreserved Funds: $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Designated Funds $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Undesignated Funds $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Unreserved Funds $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Fund Equity ($45,201) ($63,320) ($86,074) ($120,692) ($201,021) ($255,124) ($792,200) ($806,293) ($758,047) ($664,365) ($553,758) ($480,439) Total Liabilities and Fund Equity $20,674,799 $20,656,680 $20,633,926 $20,599,308 $20,518,979 $20,464,876 $19,927,800 $19,913,707 $19,961,953 $20,055,635 $20,166,242 $20,239,561

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 17 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Key Operating Statistics - Residential

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Monthly Revenue All Services Per Video Customer Video Services $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $51.86 $51.86 $51.86 $51.86 $51.86 $51.86 High Speed Data Access Services $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $5.79 $6.04 $6.32 $6.64 $7.00 $7.43 Telecommunications Service $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.54 $0.75 $0.75 $0.75 $0.75 Average Monthly Revenue All Services Per Video Customer $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $57.65 $58.44 $58.93 $59.25 $59.62 $60.04 Average Annual Revenue All Services Per Video Customer $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $691.79 $701.30 $707.19 $711.02 $715.38 $720.51 Average Monthly Revenue Per Telecommunications Customer $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.48 $3.42 $3.41 $3.41 $3.42 $3.41 Average Annual Revenue Per Telecommunications Customer $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $41.76 $41.06 $40.96 $40.92 $41.03 $40.91

Monthly Programming Expense Per Video Customer Basic Programming $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $13.23 $13.23 $13.23 $13.23 $13.23 $13.23 Premium Programming $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $5.28 $5.28 $5.28 $5.28 $5.28 $5.28 Pay Per View Programming $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.20 $1.20 $1.20 $1.20 $1.20 $1.20 Channel Guide $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.59 $0.30 $0.19 $0.14 $0.11 $0.10 Total Programming $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $20.30 $20.00 $19.90 $19.85 $19.82 $19.81

Monthly Operating Expense Per Video Customer Sales & Advertising Expense Per Video Customer $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $24.15 $12.18 $7.75 $5.69 $4.57 $3.97 Field & Technical $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $69.90 $35.55 $26.73 $18.59 $16.29 $22.50 General & Administrative $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $40.29 $25.91 $20.18 $17.26 $14.53 $28.57 Total Operating Expense $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $134.34 $73.65 $54.66 $41.54 $35.40 $55.03

Monthly Telecommunications Oper Exp Per Video Customer Cost of Goods Sold $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $1.51 $0.76 $0.55 $0.48 $0.44 $0.42 Facility Based $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $22.09 $9.21 $5.20 $3.88 $3.90 $3.66 Commercial & Marketing $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.87 $10.41 $3.12 $2.32 $1.49 $1.10 Administrative $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.63 $1.32 $0.73 $0.54 $0.43 $0.38 Total Telecommunications Oper Exp Per Video Customer $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $32.11 $21.70 $9.60 $7.21 $6.27 $5.57

Monthly Cash Flow All Services Per Video Cust $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ($129.10) ($56.90) ($25.23) ($9.34) ($1.87) ($20.36)

Monthly Revenue/Expenses Per Channel Total Channels $131.00 $131.00 $131.00 $131.00 $131.00 $131.00 $131.00 $131.00 $131.00 $131.00 $131.00 $131.00 Revenue Per Sub Per Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.44 $0.45 $0.45 $0.45 $0.46 $0.46 Programming Exp. Per Sub Per Channel $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15

Monthly Telecommunications Oper Exp Per Telecommunications Customer Cost of Goods Sold $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $9.69 $3.45 $2.49 $2.16 $2.01 $1.91 Facility Based $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $141.64 $41.90 $23.54 $17.58 $17.67 $16.59 Commercial & Marketing $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $31.21 $47.36 $14.09 $10.50 $6.78 $5.00 Administrative $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $23.30 $6.00 $3.31 $2.43 $1.97 $1.72 Total Telecommunications Oper Exp Per Telecommunications C $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $205.84 $98.70 $43.43 $32.68 $28.43 $25.20

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 18 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Key Operating Statistics - Commercial

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Monthly Revenue Per Customer Per Service Average Video Service Per Video Service Unit $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $8.00 $64.58 $64.58 $64.58 $64.58 $64.58 Average High Speed Data Revenue Per Data Customer $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $219.10 $63.92 $63.92 $63.92 $63.92 $63.92 Average Telecommunications Revenue Per Telecommunication $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $131.38 $65.59 $58.98 $59.20 $58.42 $58.79

Monthly Expense Per Customer Per Service Programming Expense Per Video Service Unit $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4.30 $4.30 $4.30 $4.30 $4.30 $4.30 High Speed Data Expense Per Data Customer $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $47.16 $37.15 $32.53 $34.73 $33.01 $29.56 Telecommunications Expenses Per Telecommunications Custom $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $7,245.55 $1,376.59 $507.79 $383.49 $328.50 $293.82

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 28 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Selling & Advertising - Residential

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Salaries - Sales $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 Sales Commissions $0 $0 $0 $1,818 $1,818 $1,818 $1,818 $1,818 $1,818 $1,818 $1,818 $1,818 Payroll Taxes $593 $593 $593 $889 $889 $889 $889 $889 $889 $889 $889 $889 Benefits $1,854 $1,854 $1,854 $1,854 $1,854 $1,854 $1,854 $1,854 $1,854 $1,854 $1,854 $1,854 Advertising & Promotions $800 $800 $800 $800 $800 $800 $800 $800 $800 $800 $800 $800 Direct Mail $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 Sales Materials $0 $0 $0 $0 $0 $121 $182 $243 $243 $244 $184 $148 Support Materials $0 $0 $0 $0 $0 $60 $91 $121 $122 $122 $92 $74 Graphic Design $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 Office Supplies/Postage $75 $75 $75 $75 $75 $75 $75 $75 $75 $75 $75 $75 Training & Seminars $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Travel & Entertainment $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 Miscellaneous $400 $400 $400 $400 $400 $400 $400 $400 $400 $400 $400 $400 Total Sales & Marketing Expenses $7,832 $7,832 $7,832 $9,947 $9,947 $10,128 $10,219 $10,310 $10,311 $10,312 $10,222 $10,169 Total Sales & Marketing Expense Allocation $7,832 $7,832 $7,832 $9,947 $9,947 $10,128 $10,219 $10,310 $10,311 $10,312 $10,222 $10,169

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 41 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Sales and Marketing Variables

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Sales and Marketing Employees and Contractors Marketing and Sales Manager 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Sales Clerks 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 In-House Field Representatives 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Contract Field Representatives 0.00 0.00 0.00 0.00 0.00 0.00 4.00 5.00 5.00 5.00 4.00 3.00 Total Sales and Marketing Employees and Contractors 1.25 1.25 1.25 1.25 1.25 1.25 5.25 6.25 6.25 6.25 5.25 4.25

Sales and Marketing Employees and Contractors Marketing and Sales Manager $3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125 $3,125 Sales Clerks $510 $510 $510 $510 $510 $510 $510 $510 $510 $510 $510 $510 In-House Field Representatives $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Contract Field Representatives $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Sales and Marketing Salary & Wages $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635 $3,635

Vehicles 000000000000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 29 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Field & Technical Expenses - Residential

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Salaries - Technical $7,708 $7,708 $7,708 $7,708 $14,667 $14,667 $14,667 $14,667 $17,208 $15,813 $17,208 $29,708 Payroll Taxes $1,257 $1,257 $1,257 $1,257 $2,392 $2,392 $2,392 $2,392 $2,807 $2,579 $2,807 $4,845 Benefits $3,931 $3,931 $3,931 $3,931 $7,480 $7,480 $7,480 $7,480 $8,776 $8,064 $8,776 $15,151 Pole Rental $0 $0 $0 $0 $0 $94 $235 $424 $612 $800 $941 $1,054 Plant Repairs & Maintenance $0 $0 $0 $0 $0 $60 $150 $270 $390 $510 $600 $672 Equipment Repairs & Maintenance $175 $175 $175 $175 $175 $175 $175 $175 $175 $175 $175 $175 Converter Maintenance $175 $175 $175 $175 $175 $175 $175 $175 $175 $175 $175 $175 Vehicle Expense $713 $713 $713 $713 $1,900 $1,900 $1,900 $1,900 $2,375 $2,375 $2,375 $2,375 Mobile Communications $300 $300 $300 $300 $800 $800 $800 $800 $1,000 $1,000 $1,000 $1,000 Supplies - Technical,Engineering, Drafting, etc. $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 Training & Seminars $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Tools & Equipment $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Utilities - Power Supplies $0 $0 $0 $0 $0 $100 $250 $450 $650 $850 $1,000 $1,120 Utilities - Headend $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 Property Damage $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 Uniforms $38 $38 $38 $38 $100 $100 $100 $100 $125 $125 $125 $125 Office Supplies $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Miscellaneous $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 Total Field & Technical Expenses $15,547 $15,547 $15,547 $15,547 $28,939 $29,193 $29,574 $30,082 $35,543 $33,716 $36,432 $57,651 Total Field & Technical Expense Allocation $15,547 $15,547 $15,547 $15,547 $28,939 $29,193 $29,574 $30,082 $35,543 $33,716 $36,432 $57,651

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 42 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Field & Technical Variables

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Field & Technical Employees and Contractors Technical Manager (s) 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 Headend Technicians 0.00 0.00 0.00 0.00 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Construction Manager/Plant Manager 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Broadband Service Technicians 0.00 0.00 0.00 0.00 1.00 1.00 1.00 1.00 1.50 1.50 1.50 1.50 Telecom Service Technicians 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Installer/Service Technician 0.00 0.00 0.00 0.00 1.00 1.00 1.00 1.00 1.50 1.50 1.50 1.50 High Speed Data Technician 0.00 0.00 0.00 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 1.50 Contract Installers 0.00 0.00 0.00 0.00 0.00 0.00 4.00 5.00 5.00 5.00 4.00 3.00 Total Field & Technical Employees and Contractors 1.50 1.50 1.50 3.00 5.50 5.50 9.50 10.50 11.50 11.50 10.50 9.50

Field & Technical Salary & Wages & Bonus Technical Manager (s) $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $5,417 $15,417 Headend Technicians $0 $0 $0 $0 $1,875 $1,875 $1,875 $1,875 $1,875 $1,875 $1,875 $4,375 Construction Manager/Plant Manager $2,292 $2,292 $2,292 $2,292 $2,292 $2,292 $2,292 $2,292 $2,292 $2,292 $2,292 $2,292 Broadband Service Technicians $0 $0 $0 $0 $2,792 $2,792 $2,792 $2,792 $4,188 $2,792 $4,188 $4,188 Telecom Service Technicians $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Installer/Service Technician $0 $0 $0 $0 $2,292 $2,292 $2,292 $2,292 $3,438 $3,438 $3,438 $3,438 High Speed Data Technician $0 $0 $0 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 Total Field & Technical Salary & Wages $7,708 $7,708 $7,708 $7,708 $14,667 $14,667 $14,667 $14,667 $17,208 $15,813 $17,208 $29,708 High Speed Data Salary & Wages $0 $0 $0 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063

Vehicles - Field & Technical 222244445555 Vehicles - High Speed Data 000222222222

Attributable Technical Salary & Wage Expenses Cable Services Salary & Wages Allocated 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Telecom Salary & Wages Allocated to Cable Services 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 87.30% 73.84% 66.48% 64.36% 61.66% 60.31% Additional Allocation - 1 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Additional Allocation - 2 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 30 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 G & A Expenses - Residential

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Salaries & Wages $4,271 $4,271 $5,313 $5,313 $5,313 $9,479 $9,479 $9,479 $9,479 $9,479 $9,479 $31,979 Payroll Taxes $697 $697 $866 $866 $866 $1,546 $1,546 $1,546 $1,546 $1,546 $1,546 $5,216 Benefits $2,178 $2,178 $2,709 $2,709 $2,709 $4,834 $4,834 $4,834 $4,834 $4,834 $4,834 $16,309 Contract Labor $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 Consulting $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 Vehicle Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Travel & Entertainment $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Training & Seminars $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 Bank Charges $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 Security $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Contributions $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 Bad Debt $0 $0 $0 $0 $0 $139 $487 $974 $1,531 $2,088 $2,575 $2,950 Uniforms $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Insurance $1,350 $1,350 $1,350 $1,350 $1,350 $1,350 $1,350 $1,350 $1,350 $1,350 $1,350 $1,350 Utilities $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 Postage $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 Copyright Fees $0 $0 $0 $0 $0 $1 $5 $10 $16 $22 $27 $31 Franchise Fees $0 $0 $0 $0 $0 $313 $1,097 $2,194 $3,448 $4,702 $5,799 $6,645 FCC Regulatory Fee $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales Tax $0 $0 $0 $0 $0 $376 $1,316 $2,633 $4,138 $5,642 $6,959 $7,974 Billing Service $0 $0 $0 $0 $0 $242 $846 $1,692 $2,660 $3,627 $4,473 $5,126 Answering Service $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 Dues & Subscriptions $75 $75 $75 $75 $75 $75 $75 $75 $75 $75 $75 $75 Rent $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Telecommunications $325 $325 $325 $325 $325 $325 $325 $325 $325 $325 $325 $325 Office Supplies $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 Repair & Maint. $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Office Equipment $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Subs/Research $25 $25 $25 $25 $25 $25 $25 $25 $25 $25 $25 $25 Taxes & Licenses $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 Accounting $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 Legal $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 Property Taxes $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Janitorial Services $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 Computer Repair $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 Miscellaneous $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 $300 Telecom Allocation $0 $0 $0 $0 $0 $0 ($7,314) ($6,186) ($5,569) ($5,392) ($7,938) ($7,764) Management Entity Allocation $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total G & A Expenses $11,896 $11,896 $13,638 $13,638 $13,638 $21,682 $17,048 $21,928 $26,832 $31,298 $32,504 $73,217 Total G & A Expense Allocation $11,896 $11,896 $13,638 $13,638 $13,638 $21,682 $17,048 $21,928 $26,832 $31,298 $32,504 $73,217

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 43 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 G & A Variables

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 G & A Employees General Managers 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 Office Manager 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 MIS Director 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 Accountant 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 0.25 Customer Service Representatives 0.00 0.00 0.00 0.00 0.00 2.00 2.00 2.00 2.00 2.00 2.00 2.00 Support Staff 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50 Total G & A Employees 1.50 1.50 1.50 1.50 1.50 3.50 3.50 3.50 3.50 3.50 3.50 3.50

G & A Salary & Wages General Managers $1,563 $1,563 $1,563 $1,563 $1,563 $1,563 $1,563 $1,563 $1,563 $1,563 $1,563 $24,063 Office Manager $938 $938 $938 $938 $938 $938 $938 $938 $938 $938 $938 $938 MIS Director $1,146 $1,146 $1,146 $1,146 $1,146 $1,146 $1,146 $1,146 $1,146 $1,146 $1,146 $1,146 Accountant $625 $625 $625 $625 $625 $625 $625 $625 $625 $625 $625 $625 Customer Service Representatives $0 $0 $0 $0 $0 $4,167 $4,167 $4,167 $4,167 $4,167 $4,167 $4,167 Support Staff $0 $0 $1,042 $1,042 $1,042 $1,042 $1,042 $1,042 $1,042 $1,042 $1,042 $1,042 Total G & A Salary & Wages $4,271 $4,271 $5,313 $5,313 $5,313 $9,479 $9,479 $9,479 $9,479 $9,479 $9,479 $31,979

Vehicles 111111111111

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 27 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Programming & Related Exp. - Residential

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Limited Basic Service $0 $0 $0 $0 $0 $80 $279 $558 $878 $1,197 $1,476 $1,691 Standard Basic Service $0 $0 $0 $0 $0 $1,519 $5,317 $10,634 $16,711 $22,788 $28,105 $32,206 Pay Programming $0 $0 $0 $0 $0 $639 $2,235 $4,470 $7,024 $9,578 $11,813 $13,537 PPV Programming $0 $0 $0 $0 $0 $145 $508 $1,015 $1,596 $2,176 $2,684 $3,075 Guide Channels $0 $0 $0 $250 $250 $250 $250 $250 $250 $250 $250 $250 Total Programming Expense $0 $0 $0 $250 $250 $2,633 $8,589 $16,928 $26,458 $35,988 $44,327 $50,760

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 40 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Capital Expenditures

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Strand Mapping, Permitting, Engineering and Design $66,504 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Project Consulting $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 $12,500 Aerial Make Ready Engineering $0 $0 $0 $0 $0 $1,739 $2,609 $3,479 $3,479 $3,479 $2,609 $2,087 Aerial Make Ready $0 $0 $0 $0 $0 $18,822 $28,233 $37,644 $37,644 $37,644 $28,233 $22,587 Aerial Strand Labor $0 $0 $0 $0 $0 $8,697 $13,045 $17,393 $17,393 $17,393 $13,045 $10,436 Aerial Strand, Hardware & Materials $0 $0 $0 $0 $0 $8,557 $12,836 $17,114 $17,114 $17,114 $12,836 $10,268 Wave7 Optical Cores and Taps $0 $0 $0 $0 $0 $240,518 $360,777 $481,036 $481,036 $481,036 $360,777 $288,621 Fiber Cable $0 $0 $0 $0 $0 $42,055 $63,083 $84,110 $84,110 $84,110 $63,083 $50,466 Fiber Labor $0 $0 $0 $0 $0 $27,456 $41,184 $54,912 $54,912 $54,912 $41,184 $32,947 Underground Plant Labor $0 $0 $0 $0 $0 $132,774 $199,160 $265,547 $265,547 $265,547 $199,160 $159,328 Fiber Splicing $0 $0 $0 $0 $0 $33,062 $49,593 $66,124 $66,124 $66,124 $49,593 $39,674 Customer Premise Install Labor & Materials - Residential $0 $0 $0 $0 $0 $67,551 $101,326 $135,101 $135,101 $135,101 $101,326 $81,061 Customer Premise Install Labor & Materials - Commercial $0 $0 $0 $0 $0 $0 $2,654 $18,842 $9,554 $9,554 $7,165 $5,732 Headend Video Electronics $0 $0 $0 $0 $1,449,429 $0 $0 $0 $0 $0 $0 $0 Headend Building, Tower & Generator $0 $0 $0 $0 $569,180 $0 $0 $0 $0 $0 $0 $0 Digital Headend Equipment $0 $0 $0 $0 $474,054 $0 $0 $0 $0 $0 $0 $0 Headend Optoelectronics $0 $0 $0 $0 $638,391 $0 $0 $0 $0 $0 $0 $0 Hotel/Motel Rewiring - Labor & Materials $0 $0 $0 $0 $0 $19,769 $29,653 $39,537 $39,537 $39,537 $29,653 $23,722 Customer Premise Equipment $0 $0 $0 $0 $0 $3,247 $4,871 $6,494 $6,494 $6,494 $4,871 $3,896 Digital Customer Premise Equipment $0 $0 $0 $0 $0 $71,964 $107,946 $143,928 $143,928 $143,928 $107,946 $86,357 Telephone Switch & Data Equipment $0 $0 $0 $0 $1,381,788 $0 $0 $0 $0 $0 $0 $0 Wave7 Customer Premise - Residential $0 $0 $0 $0 $0 $250,332 $375,497 $500,663 $500,663 $500,663 $375,497 $300,398 Wave7 Customer Premise - Commercial $0 $0 $0 $0 $0 $0 $73,085 $277,334 $155,742 $155,742 $116,806 $93,445 High Speed Data Installation - Residential $0 $0 $0 $0 $0 $2,944 $4,801 $6,849 $7,617 $8,385 $7,681 $7,374 High Speed Data Installation - Commercial $0 $0 $0 $0 $0 $3,460 $5,190 $6,920 $6,920 $6,920 $5,190 $4,152 Office Building, Land, Studio, Furniture & Office Equipment $0 $0 $20,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 Computer Equipment & Billing System Software $0 $0 $35,000 $80,000 $20,000 $0 $0 $0 $0 $0 $0 $0 Marketing & Sales - Video $0 $0 $0 $0 $0 $12,572 $18,858 $25,144 $25,144 $25,144 $18,858 $15,087 Marketing & Sales - Data $0 $0 $0 $0 $0 $3,187 $5,000 $6,923 $7,361 $7,800 $6,646 $6,019 Special Project Fund $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Fusion Splicer and Splicing Equipment $0 $0 $0 $60,000 $0 $0 $0 $0 $0 $0 $0 $0 Tools, Test Equipment and Spare Equipment $0 $0 $0 $65,000 $0 $0 $0 $0 $5,000 $0 $5,000 $0 Vehicles and Mobile Communications $52,500 $0 $0 $52,500 $87,500 $0 $140,000 $0 $35,000 $0 $35,000 $0 Total $131,504 $12,500 $67,500 $270,000 $4,632,842 $961,205 $1,651,900 $2,207,595 $2,117,922 $2,079,129 $1,604,659 $1,256,159 Contingency $6,575 $625 $3,375 $13,500 $231,642 $48,060 $82,595 $110,380 $105,896 $103,956 $80,233 $62,808 State Sales Tax $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Capital Expenditures $138,079 $13,125 $70,875 $283,500 $4,864,484 $1,009,266 $1,734,495 $2,317,975 $2,223,818 $2,183,085 $1,684,892 $1,318,967 Total Capital Expenditures to Date $138,079 $151,204 $222,079 $505,579 $5,370,063 $6,379,329 $8,113,825 $10,431,799 $12,655,617 $14,838,702 $16,523,594 $17,842,561

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 14 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Plant Statistics

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Total Plant Miles to Construct Geneva, Illinois 102.00 102.00 102.00 102.00 102.00 92.00 77.00 57.00 37.00 17.00 2.00 0 Phase II Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase III Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Plant Miles to Construct 102.00 102.00 102.00 102.00 102.00 92.00 77.00 57.00 37.00 17.00 2.00 0.00

Residential Plant Miles - Constructed Geneva, Illinois 0.00 0.00 0.00 0.00 0.00 10.00 15.00 20.00 20.00 20.00 15.00 12.00 Phase II Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase III Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Residential Plant Miles - Constructed 0.00 0.00 0.00 0.00 0.00 10.00 15.00 20.00 20.00 20.00 15.00 12.00

Residential Plant Miles - End Geneva, Illinois 0.00 0.00 0.00 0.00 0.00 10.00 25.00 45.00 65.00 85.00 100.00 112.00 Phase II Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase III Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Residential Plant Miles - End 0.00 0.00 0.00 0.00 0.00 10.00 25.00 45.00 65.00 85.00 100.00 112.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 15 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Plant Statistics (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Commercial Plant Miles - Begin Geneva, Illinois 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase II Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase III Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Commercial Plant Miles - Begin 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Commercial Plant Miles - Constructed Geneva, Illinois 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase II Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase III Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Commercial Plant Miles - Constructed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Commercial Plant Miles - End Geneva, Illinois 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase II Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase III Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Commercial Plant Miles - End 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Plant Miles Total Plant Miles - Begin 0.00 0.00 0.00 0.00 0.00 0.00 10.00 25.00 45.00 65.00 85.00 100.00 Total Plant Miles - Constructed 0.00 0.00 0.00 0.00 0.00 10.00 15.00 20.00 20.00 20.00 15.00 12.00 Total Plant Miles - End 0.00 0.00 0.00 0.00 0.00 10.00 25.00 45.00 65.00 85.00 100.00 112.00

Total Construction Footage 0000052,800 79,200 105,600 105,600 105,600 79,200 63,360 % of Outside Plant - Aerial 47% 47% 47% 47% 47% 47% 47% 47% 47% 47% 47% 47% % of Outside Plant - Underground 53% 53% 53% 53% 53% 53% 53% 53% 53% 53% 53% 53% Aerial Construction Footage 0000024,848 37,272 49,695 49,695 49,695 37,272 29,817 Underground Construction Footage 0000027,952 41,928 55,905 55,905 55,905 41,928 33,543

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 16 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Homes and Customers Per Mile

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Residential Homes Passed Per Mile Geneva, Illinois 71.11 71.11 71.11 71.11 71.11 71.11 71.11 71.11 71.11 71.11 71.11 71.11 Phase II Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase III Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Average Homes Passed Per Mile 0.00 0.00 0.00 0.00 0.00 0.00 71.11 71.11 71.11 71.11 71.11 71.11

Customers Per Mile 0.00 0.00 0.00 0.00 0.00 0.00 24.18 24.18 24.18 24.18 24.18 24.18

Commercial Units Passed Per Mile Geneva, Illinois 17.19 17.19 17.19 17.19 17.19 17.19 17.19 17.19 17.19 17.19 17.19 17.19 Phase II Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Phase III Service Area 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Active Commercial Units Pass/Mile 0.00 0.00 0.00 0.00 0.00 0.00 0.86 0.86 0.86 0.86 0.86 0.86

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 6 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Homes Passed - Customers

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Add Serviceable Homes Passed Total & by Franchise Area Begin Homes Passed 0000007111,778 3,200 4,622 6,044 7,111 Geneva, Illinois 000007111,067 1,422 1,422 1,422 1,067 853 Phase II Service Area 000000000000 Phase III Service Area 000000000000 Total Add Serviceable Homes Passed 000007111,067 1,422 1,422 1,422 1,067 853 End Homes Passed 000007111,778 3,200 4,622 6,044 7,111 7,964

Total Potenial Homes Passed by Franchise Area Geneva, Illinois 000007111,778 3,200 4,622 6,044 7,111 7,964 Phase II Service Area 000000000000 Phase III Service Area 000000000000 End Homes Passed 000007111,778 3,200 4,622 6,044 7,111 7,964

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 7 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Homes Passed - Customers (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

End Customers by Franchise Area Geneva, Illinois 000002426041,088 1,572 2,055 2,418 2,708 Phase II Service Area 000000000000 Phase III Service Area 000000000000 Total Customers 000002426041,088 1,572 2,055 2,418 2,708

Average Customers by Franchise Area Geneva, Illinois 000001214238461,330 1,813 2,236 2,563 Phase II Service Area 000000000000 Phase III Service Area 000000000000 Total Average Customers 000001214238461,330 1,813 2,236 2,563

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 8 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Homes Passed - Customers (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Average Customers Percentage by Franchise Area Geneva, Illinois 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Phase II Service Area 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Phase III Service Area 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

New Plant Extensions Homes Constructed Geneva, Illinois 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Phase II Service Area 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Phase III Service Area 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% 100% Video Service Penetration - New Construction All 34.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0%

Video Service Penetration - Overall 0.0% 0.0% 0.0% 0.0% 0.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0% 34.0%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 9 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Homes Passed - Customers (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

New Construction Video Service Installs Geneva, Illinois 00000242363484484484363290 Phase II Service Area 000000000000 Phase III Service Area 000000000000 Total New Construction Video Service Installs 00000242363484484484363290

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 10 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Homes Passed - Customers (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Video Services Reconnects Geneva, Illinois 000000123456 Phase II Service Area 000000000000 Phase III Service Area 000000000000 Total Basic Video Service Reconnects 000000123456

Video Services Disconnects Geneva, Illinois 000000123456 Phase II Service Area 000000000000 Phase III Service Area 000000000000 Total Basic Video Service Disconnects 000000123456

Video Service Customers Begin Basic Video Service Customers 0000002426041,088 1,572 2,055 2,418 Net Add Basic Video Service Customers 00000242363484484484363290 End Basic Video Service Customers 000002426041,088 1,572 2,055 2,418 2,708 Average Basic Video Service Customers 000001214238461,330 1,813 2,236 2,563

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 11 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Homes Passed - Customers (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

High Speed Data Customers Begin High Speed Data Customers 0000003388165251345431 Add High Speed Data Customers 0000034557887968884 High Speed Data Disconnects 000000011223 End High Speed Data Customers 000003388165251345431513 Average High Speed Data Customers 000001761127208298388472 High Speed Data Penetration to Homes Passed 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.94% 5.17% 5.43% 5.71% 6.06% 6.44% High Speed Data Penetration to Subscribers 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 14.54% 15.20% 15.98% 16.80% 17.82% 18.93%

Commercial Customers Passed Begin Commercial Units Passed 0000001724307741,117 1,461 1,719 Geneva, Illinois 00000172258344344344258206 Phase II Service Area 000000000000 Phase III Service Area 000000000000 End Commercial Units Passed 000001724307741,117 1,461 1,719 1,925 Total Add Commercial Unites Passed 00000172258344344344258206

Video Service Penetration - Commercial Units 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% 5.0% Begin Commercial Unit Video Customers 00000092139567386 Commercial Units Video Added Customers 000009131717171310 Ending Commercial Video Units Customers 000009213956738696 Average Commercial Video Units 000004153047648091 Average Commercial Video Penetration to Units Passed 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 3.5% 3.9% 4.2% 4.4% 4.6% 4.7% Average FCC Equivalent Commercial Units 0000013610131618

Total Average Equivalent Video Customers 000001224268521,339 1,826 2,253 2,581

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 46 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Service Penetration

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Basic 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Expanded Basic 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% 97.00% Business Basic 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% 0.20% Line Maintenance Plan 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% 65.00% Set Top with Remote 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% 1.00% Additional Digital Converter 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% 7.00% HBO Analog Only 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% HBO Digital Group 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% 8.00% Cinemax Digital Group 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% Showtime Digital Group 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% 6.00% The Movie Channel Digital Group 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% Starz/Encore Group 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% 12.50% Encore 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Showtime Digital Combo (Show, TMC, Flix & Sundance) 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% 15.00% HBO Digital Group/Cinemax Digital Group 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% Digital Basic Tier with Music Choice 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% 24.00% Video on Demand Movies & Events 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% 11.00% Advertising Sales 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Open 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Open 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Open 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Late Charges 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% 5.00% Pay Per View Movies 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% 40.00% Pay Per View Channels 666666666666

Commercial Basic 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% Commercial HBO 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% Commercial Pay Per View 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 47 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Service Penetration (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Residential Standard High Speed Data - Level 1 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% 0.75% Silver High Speed Data - Level 2 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% Gold & Platnimum High Speed Data - Level 3 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% 1.42% High Speed Data - New Installations - New Market 4.12% 4.12% 4.12% 4.12% 4.12% 4.12% 4.12% 4.12% 4.12% 4.12% 4.12% 4.12%

High Speed Data - Level 1 - Remarket 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% High Speed Data - Level 2 - Remarket 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% 0.29% High Speed Data - Level 3 - Remarket 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% 0.21% High Speed Data - New Installations - Remarket 0.62% 0.62% 0.62% 0.62% 0.62% 0.62% 0.62% 0.62% 0.62% 0.62% 0.62% 0.62%

High Speed Data Penetration to Homes Passed 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.94% 5.17% 5.43% 5.71% 6.06% 6.44% Residential Modem Rental 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Commercial Standard Business High Speed Data - Level 1 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% 0.50% Standard Business High Speed Data - Level 2 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% 0.98% Business Plus High Speed Data - Level 1 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% 1.46% Business Plus High Speed Data - Level 2 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% Business Elite High Speed Data - Level 1 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% 2.43% Business Elite High Speed Data - Level 2 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% 2.91% Direct Business High Speed Data - Level 1 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% 3.39% Direct Business High Speed Data - Level 2 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% 3.88% Commercial High Speed Data - New Installations 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50% Commercial High Speed Data - To Units Passed 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 17.50% 17.50% 17.50% 17.50% 17.50% 17.50%

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 44 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Customer Rate Summary

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Basic $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 Expanded Basic $23.55 $23.55 $23.55 $23.55 $23.55 $23.55 $23.55 $23.55 $23.55 $23.55 $23.55 $23.55 Business Basic $34.50 $34.50 $34.50 $34.50 $34.50 $34.50 $34.50 $34.50 $34.50 $34.50 $34.50 $34.50 Line Maintenance Plan $1.95 $1.95 $1.95 $1.95 $1.95 $1.95 $1.95 $1.95 $1.95 $1.95 $1.95 $1.95 Set Top with Remote $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 Additional Digital Converter $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 HBO Analog Only $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 HBO Digital Group $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 $11.95 Cinemax Digital Group $9.95 $9.95 $9.95 $9.95 $9.95 $9.95 $9.95 $9.95 $9.95 $9.95 $9.95 $9.95 Showtime Digital Group $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 The Movie Channel Digital Group $8.95 $8.95 $8.95 $8.95 $8.95 $8.95 $8.95 $8.95 $8.95 $8.95 $8.95 $8.95 Starz/Encore Group $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 Encore $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 $5.95 Showtime Digital Combo (Show, TMC, Flix & Sundance) $12.95 $12.95 $12.95 $12.95 $12.95 $12.95 $12.95 $12.95 $12.95 $12.95 $12.95 $12.95 HBO Digital Group/Cinemax Digital Group $19.50 $19.50 $19.50 $19.50 $19.50 $19.50 $19.50 $19.50 $19.50 $19.50 $19.50 $19.50 Digital Basic Tier with Music Choice $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 Video on Demand Movies & Events $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 Advertising Sales $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 Late Charges $2.95 $2.95 $2.95 $2.95 $2.95 $2.95 $2.95 $2.95 $2.95 $2.95 $2.95 $2.95 Pay Per View Movies $3.95 $3.95 $3.95 $3.95 $3.95 $3.95 $3.95 $3.95 $3.95 $3.95 $3.95 $3.95 Pay Per View Channels 30 30 30 30 30 30 30 30 30 30 30 30

Commercial Basic $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 Commercial HBO $5.00 $5.00 $5.00 $5.00 $5.00 $5.00 $5.00 $5.00 $5.00 $5.00 $5.00 $5.00 Commercial Pay Per View $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 45 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Customer Rate Summary (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Residential Standard High Speed Data - Level 1 $26.95 $26.95 $26.95 $26.95 $26.95 $26.95 $26.95 $26.95 $26.95 $26.95 $26.95 $26.95 Silver High Speed Data - Level 2 $34.95 $34.95 $34.95 $34.95 $34.95 $34.95 $34.95 $34.95 $34.95 $34.95 $34.95 $34.95 Gold & Platnimum High Speed Data - Level 3 $54.95 $54.95 $54.95 $54.95 $54.95 $54.95 $54.95 $54.95 $54.95 $54.95 $54.95 $54.95 Residential Modem Rental $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Residential Service Activation $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 $50.00 Ethernet Card and Installation $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Commercial Standard Business High Speed Data - Level 1 $49.95 $49.95 $49.95 $49.95 $49.95 $49.95 $49.95 $49.95 $49.95 $49.95 $49.95 $49.95 Standard Business High Speed Data - Level 2 $69.95 $69.95 $69.95 $69.95 $69.95 $69.95 $69.95 $69.95 $69.95 $69.95 $69.95 $69.95 Business Plus High Speed Data - Level 1 $89.95 $89.95 $89.95 $89.95 $89.95 $89.95 $89.95 $89.95 $89.95 $89.95 $89.95 $89.95 Business Plus High Speed Data - Level 2 $99.95 $99.95 $99.95 $99.95 $99.95 $99.95 $99.95 $99.95 $99.95 $99.95 $99.95 $99.95 Business Elite High Speed Data - Level 1 $129.95 $129.95 $129.95 $129.95 $129.95 $129.95 $129.95 $129.95 $129.95 $129.95 $129.95 $129.95 Business Elite High Speed Data - Level 2 $169.95 $169.95 $169.95 $169.95 $169.95 $169.95 $169.95 $169.95 $169.95 $169.95 $169.95 $169.95 Direct Business High Speed Data - Level 1 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 Direct Business High Speed Data - Level 2 $475.00 $475.00 $475.00 $475.00 $475.00 $475.00 $475.00 $475.00 $475.00 $475.00 $475.00 $475.00

Standard Business High Speed Data - Level 1 - Setup $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 Standard Business High Speed Data - Level 2 - Setup $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 $225.00 Business Plus High Speed Data - Level 1 - Setup $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 $750.00 Business Plus High Speed Data - Level 2 - Setup $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 $775.00 Business Elite High Speed Data - Level 1 - Setup $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 $1,125.00 Business Elite High Speed Data - Level 2 - Setup $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 $1,150.00 Direct Business High Speed Data - Level 1 - Setup $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 $1,500.00 Direct Business High Speed Data - Level 2 - Setup $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00 $1,525.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 48 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Average Customer Rate Summary

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Basic $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 $10.95 Expanded Basic $22.84 $22.84 $22.84 $22.84 $22.84 $22.84 $22.84 $22.84 $22.84 $22.84 $22.84 $22.84 Business Basic $0.07 $0.07 $0.07 $0.07 $0.07 $0.07 $0.07 $0.07 $0.07 $0.07 $0.07 $0.07 Line Maintenance Plan $1.27 $1.27 $1.27 $1.27 $1.27 $1.27 $1.27 $1.27 $1.27 $1.27 $1.27 $1.27 Set Top with Remote $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 $0.01 HBO Analog Only $1.79 $1.79 $1.79 $1.79 $1.79 $1.79 $1.79 $1.79 $1.79 $1.79 $1.79 $1.79 HBO Digital Group $0.96 $0.96 $0.96 $0.96 $0.96 $0.96 $0.96 $0.96 $0.96 $0.96 $0.96 $0.96 Cinemax Digital Group $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 $0.60 Showtime Digital Group $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 $0.66 The Movie Channel Digital Group $0.45 $0.45 $0.45 $0.45 $0.45 $0.45 $0.45 $0.45 $0.45 $0.45 $0.45 $0.45 Starz/Encore Group $1.37 $1.37 $1.37 $1.37 $1.37 $1.37 $1.37 $1.37 $1.37 $1.37 $1.37 $1.37 Encore $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Showtime Digital Combo (Show, TMC, Flix & Sundance) $1.94 $1.94 $1.94 $1.94 $1.94 $1.94 $1.94 $1.94 $1.94 $1.94 $1.94 $1.94 HBO Digital Group/Cinemax Digital Group $0.98 $0.98 $0.98 $0.98 $0.98 $0.98 $0.98 $0.98 $0.98 $0.98 $0.98 $0.98 Digital Basic Tier with Music Choice $2.63 $2.63 $2.63 $2.63 $2.63 $2.63 $2.63 $2.63 $2.63 $2.63 $2.63 $2.63 Video on Demand Movies & Events $1.21 $1.21 $1.21 $1.21 $1.21 $1.21 $1.21 $1.21 $1.21 $1.21 $1.21 $1.21 Advertising Sales $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 $2.00 Open $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Open $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Open $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Late Charges $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 $0.15 Pay Per View Movies $1.58 $1.58 $1.58 $1.58 $1.58 $1.58 $1.58 $1.58 $1.58 $1.58 $1.58 $1.58

Commercial Basic $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 $7.00 Commercial HBO $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 $1.00 Commercial Pay Per View $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 26 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Customer Revenue

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Basic $0 $0 $0 $0 $0 $1,324 $4,633 $9,266 $14,561 $19,856 $24,489 $28,063 Expanded Basic $0 $0 $0 $0 $0 $2,761 $9,665 $19,330 $30,376 $41,422 $51,087 $58,543 Business Basic $0 $0 $0 $0 $0 $8 $29 $58 $92 $125 $154 $177 Line Maintenance Plan $0 $0 $0 $0 $0 $153 $536 $1,073 $1,685 $2,298 $2,835 $3,248 Set Top with Remote $0 $0 $0 $0 $0 $1 $4 $8 $13 $18 $22 $26 HBO Analog Only $0 $0 $0 $0 $0 $217 $758 $1,517 $2,384 $3,250 $4,009 $4,594 HBO Digital Group $0 $0 $0 $0 $0 $116 $404 $809 $1,271 $1,734 $2,138 $2,450 Cinemax Digital Group $0 $0 $0 $0 $0 $72 $253 $505 $794 $1,083 $1,335 $1,530 Showtime Digital Group $0 $0 $0 $0 $0 $79 $278 $556 $874 $1,191 $1,469 $1,684 The Movie Channel Digital Group $0 $0 $0 $0 $0 $54 $189 $379 $595 $811 $1,001 $1,147 Starz/Encore Group $0 $0 $0 $0 $0 $165 $579 $1,158 $1,820 $2,482 $3,061 $3,508 Encore $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Showtime Digital Combo (Show, TMC, Flix & Sundance) $0 $0 $0 $0 $0 $235 $822 $1,644 $2,583 $3,522 $4,344 $4,978 HBO Digital Group/Cinemax Digital Group $0 $0 $0 $0 $0 $118 $413 $825 $1,297 $1,768 $2,180 $2,499 Digital Basic Tier with Music Choice $0 $0 $0 $0 $0 $318 $1,112 $2,224 $3,495 $4,765 $5,877 $6,735 Video on Demand Movies & Events $0 $0 $0 $0 $0 $146 $512 $1,024 $1,609 $2,194 $2,706 $3,101 Advertising Sales $0 $0 $0 $0 $0 $242 $846 $1,692 $2,660 $3,627 $4,473 $5,126 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Open $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Late Charges $0 $0 $0 $0 $0 $18 $62 $125 $196 $267 $330 $378 Pay Per View Movies $0 $0 $0 $0 $0 $191 $669 $1,337 $2,101 $2,865 $3,534 $4,049 Total Basic Customer Revenue $0 $0 $0 $0 $0 $6,269 $21,941 $43,883 $68,959 $94,035 $115,976 $132,903 Franchise Fees $0 $0 $0 $0 $0 $313 $1,097 $2,194 $3,448 $4,702 $5,799 $6,645 FCC Regulatory Fee $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales Tax $0 $0 $0 $0 $0 $376 $1,316 $2,633 $4,138 $5,642 $6,959 $7,974 Gross Basic Customer Revenue $0 $0 $0 $0 $0 $6,959 $24,355 $48,710 $76,544 $104,379 $128,734 $147,522

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 39 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Residential High Speed Data Revenue and Expenses

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Service Revenue Standard High Speed Data - Level 1 $0 $0 $0 $0 $0 $82 $298 $622 $1,023 $1,465 $1,906 $2,317 Silver High Speed Data - Level 2 $0 $0 $0 $0 $0 $277 $1,005 $2,097 $3,449 $4,939 $6,427 $7,812 Gold & Platnimum High Speed Data - Level 3 $0 $0 $0 $0 $0 $316 $1,147 $2,393 $3,935 $5,634 $7,332 $8,913 Residential Modem Rental $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Recurring High Speed Data Revenue $0 $0 $0 $0 $0 $676 $2,450 $5,112 $8,407 $12,038 $15,665 $19,043 Franchise Fees $0 $0 $0 $0 $0 $34 $123 $256 $420 $602 $783 $952 Sales Tax $0 $0 $0 $0 $0 $41 $147 $307 $504 $722 $940 $1,143 High Speed Data Installation Revenue $0 $0 $0 $0 $0 $1,683 $2,743 $3,914 $4,353 $4,792 $4,389 $4,214 Total Residential High Speed Data Revenue $0 $0 $0 $0 $0 $2,433 $5,463 $9,588 $13,684 $18,154 $21,778 $25,351

Expense Salaries - Technical $0 $0 $0 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 $4,063 Payroll Taxes $0 $0 $0 $663 $663 $663 $663 $663 $663 $663 $663 $663 Benefits $0 $0 $0 $2,072 $2,072 $2,072 $2,072 $2,072 $2,072 $2,072 $2,072 $2,072 Vehicles $0 $0 $0 $713 $713 $713 $713 $713 $713 $713 $713 $713 Mobile Communications $0 $0 $0 $300 $300 $300 $300 $300 $300 $300 $300 $300 Office Expenses $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 Miscellaneous $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 Franchise Fees $0 $0 $0 $0 $0 $34 $123 $256 $420 $602 $783 $952 Sales Tax $0 $0 $0 $0 $0 $41 $147 $307 $504 $722 $940 $1,143 Help Desk Support $0 $0 $0 $0 $0 $67 $243 $507 $833 $1,193 $1,552 $1,887 High Speed Data/Telecommunications Circuits - T-1 $0 $0 $0 $0 $0 $0 $219 $227 $471 $490 $766 $803 Total Other Services Expense $450 $450 $450 $8,259 $8,259 $8,401 $8,991 $9,555 $10,488 $11,266 $12,301 $13,044

Total Other Services Cash Flow ($450) ($450) ($450) ($8,259) ($8,259) ($5,968) ($3,528) $33 $3,196 $6,888 $9,476 $12,307

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 31 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Commercial Video and High Speed Data Revenue & Expenses

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Servic Revenue Commercial Basic $0 $0 $0 $0 $0 $30 $105 $211 $331 $451 $557 $638 Commercial HBO $0 $0 $0 $0 $0 $4 $15 $30 $47 $64 $80 $91 Commercial Pay Per View $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Commercial High Speed Data $0 $0 $0 $0 $0 $3,296 $11,536 $23,073 $36,257 $49,442 $60,978 $69,878 Total Commercial Revenue $0 $0 $0 $0 $0 $3,330 $11,657 $23,313 $36,635 $49,957 $61,614 $70,607 Franchise Fees $0 $0 $0 $0 $0 $167 $583 $1,166 $1,832 $2,498 $3,081 $3,530 Sales Tax $0 $0 $0 $0 $0 $200 $699 $1,399 $2,198 $2,997 $3,697 $4,236 FCC Regulatory Fee $0 $0 $0 $0 $0 $0 $0 $0 $0 $1 $1 $1 Total Gross Commercial Recurring Revenue $0 $0 $0 $0 $0 $3,697 $12,939 $25,878 $40,666 $55,453 $68,393 $78,374

Standard Business High Speed Data - Level 1 - Setup $0 $0 $0 $0 $0 $172 $258 $344 $344 $344 $258 $206 Standard Business High Speed Data - Level 2 - Setup $0 $0 $0 $0 $0 $380 $570 $760 $760 $760 $570 $456 Business Plus High Speed Data - Level 1 - Setup $0 $0 $0 $0 $0 $1,888 $2,832 $3,776 $3,776 $3,776 $2,832 $2,266 Business Plus High Speed Data - Level 2 - Setup $0 $0 $0 $0 $0 $2,594 $3,890 $5,187 $5,187 $5,187 $3,890 $3,112 Business Elite High Speed Data - Level 1 - Setup $0 $0 $0 $0 $0 $4,697 $7,046 $9,395 $9,395 $9,395 $7,046 $5,637 Business Elite High Speed Data - Level 2 - Setup $0 $0 $0 $0 $0 $5,755 $8,633 $11,510 $11,510 $11,510 $8,633 $6,906 Direct Business High Speed Data - Level 1 - Setup $0 $0 $0 $0 $0 $8,750 $13,125 $17,500 $17,500 $17,500 $13,125 $10,500 Direct Business High Speed Data - Level 2 - Setup $0 $0 $0 $0 $0 $10,160 $15,240 $20,320 $20,320 $20,320 $15,240 $12,192 Commercial High Speed Data Install Revenue $0 $0 $0 $0 $0 $34,396 $51,594 $68,792 $68,792 $68,792 $51,594 $41,275 Gross Commercial Revenue $0 $0 $0 $0 $0 $38,093 $64,533 $94,671 $109,458 $124,246 $119,987 $119,650

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 32 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Commercial Revenue & Expenses (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Programming Expenses Commercial Basic $0 $0 $0 $0 $0 $12 $40 $81 $127 $173 $214 $245 Commercial HBO $0 $0 $0 $0 $0 $7 $24 $48 $76 $104 $128 $147 Commercial Pay Per View $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Guide Channel $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Programming Expenses $0 $0 $0 $0 $0 $18 $65 $129 $203 $277 $342 $391

G & A Expenses Salaries $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Commissions $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Payroll & Benefits $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Marketing Materials $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Hotel Commissions $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Maintenance & Repairs $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Vehicle Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 General & Administration $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 System Power $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Communications $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Copyright Fees $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Franchise Fees $0 $0 $0 $0 $0 $167 $583 $1,166 $1,832 $2,498 $3,081 $3,530 Sales Tax $0 $0 $0 $0 $0 $200 $699 $1,399 $2,198 $2,997 $3,697 $4,236 FCC Regulatory Fee $0 $0 $0 $0 $0 $0 $0 $0 $0 $1 $1 $1 High Speed Data $0 $0 $0 $0 $0 $0 $2,062 $3,070 $4,059 $6,031 $6,962 $6,876 Help Desk Support $0 $0 $0 $0 $0 $120 $421 $842 $1,324 $1,805 $2,226 $2,551 Miscellaneous $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Commercial Expenses $0 $0 $0 $0 $0 $487 $3,766 $6,477 $9,413 $13,333 $15,967 $17,196

Commercial Operating Income $0 $0 $0 $0 $0 $37,588 $60,703 $88,064 $99,842 $110,636 $103,679 $102,063

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 33 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Telecommunications Revenue & Expenses

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Telecommunications Revenue Local Service Revenue $0 $0 $0 $0 $0 $0 $9,665 $42,112 $79,437 $108,303 $133,588 $153,097 Vertical Service Revenues $0 $0 $0 $0 $0 $0 $372 $1,595 $2,992 $4,076 $5,030 $5,766 Non-Recurring Charge Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Interstate Access Revenue $0 $0 $0 $0 $0 $0 $118 $498 $924 $1,254 $1,552 $1,776 Intrastate Access Revenue $0 $0 $0 $0 $0 $0 $10 $38 $70 $96 $118 $134 Interstate Toll Revenue $0 $0 $0 $0 $0 $0 $216 $905 $1,680 $2,281 $2,823 $3,228 Intrastate Toll Revenue $0 $0 $0 $0 $0 $0 $216 $905 $1,680 $2,281 $2,823 $3,228 Voice Mail Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 DS1 Data Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Wholesale Transport Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Operator Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Directory Assistance Revenue $0 $0 $0 $0 $0 $0 $41 $154 $279 $380 $469 $538 Yellow Page Revenue $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Universal Service Payments $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Telecommunications Revenue $0 $0 $0 $0 $0 $0 $10,638 $46,207 $87,062 $118,671 $146,403 $167,767 Franchise Fee $0 $0 $0 $0 $0 $0 $532 $2,310 $4,353 $5,934 $7,320 $8,388 Sales Tax $0 $0 $0 $0 $0 $0 $638 $2,772 $5,224 $7,120 $8,784 $10,066 Telecommunications Tax $0 $0 $0 $0 $1,645 $1,630 $2,033 $3,416 $5,006 $6,234 $7,308 $8,133 Less Bad Debt $0 $0 $0 $0 $0 $0 ($115) ($501) ($944) ($1,287) ($1,587) ($1,819) Net Telecommunications Revenue $0 $0 $0 $0 $1,645 $1,630 $13,727 $54,204 $100,701 $136,672 $168,229 $192,536

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 34 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Telecommunications Revenue & Expenses (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Cost of Goods Sold Wholesale Long Distance $0 $0 $0 $0 $0 $0 $190 $796 $1,478 $2,006 $2,484 $2,840 Operator Services $0 $0 $0 $0 $0 $0 $16 $62 $112 $152 $188 $215 Switching $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 Total Cost of Goods Sold $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,706 $2,358 $3,090 $3,658 $4,172 $4,555

Facility Based Engineering Salary & Wages $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Switching Salary & Wages $0 $0 $0 $0 $0 $0 $5,177 $5,177 $5,177 $5,177 $5,177 $5,177 Field Services Salary & Wages $0 $0 $0 $0 $0 $0 $4,496 $4,496 $4,496 $4,496 $8,992 $8,992 Customer Provisioning Salary & Wages $896 $896 $896 $896 $896 $896 $3,882 $3,882 $3,882 $3,882 $3,882 $3,882 Benefits and Taxes $314 $314 $314 $314 $314 $314 $4,744 $4,744 $4,744 $4,744 $6,318 $6,318 Vehicle Expense $0 $0 $0 $0 $0 $0 $1,900 $1,900 $1,900 $1,900 $2,375 $2,375 Tools & Equipment $0 $0 $0 $0 $0 $0 $200 $200 $200 $200 $300 $300 Network Occupancy $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Computer $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Switching Expense $0 $0 $0 $0 $0 $0 $429 $1,216 $1,756 $2,297 $2,703 $3,027 Access Node Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Network Maintenance $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Trunk Expense $0 $0 $0 $0 $0 $0 $0 $2,916 $2,916 $2,916 $2,916 $5,416 Number Portability $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Local Interconnection $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Internet Transport $0 $0 $0 $0 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 $2,400 Engineering $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,700 $1,751 Total Facility Based $2,909 $2,909 $2,909 $2,909 $5,309 $5,309 $24,928 $28,631 $29,171 $29,712 $36,763 $39,638

Sales & Marketing and Customer Operations Sales & Marketing Salary, Wages & Commissions $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales & Marketing Commissions $0 $0 $0 $0 $0 $0 $3,223 $22,884 $11,603 $11,603 $8,702 $6,962 Benefits and Taxes $0 $0 $0 $0 $0 $0 $1,128 $8,009 $4,061 $4,061 $3,046 $2,437 Customer Operations Salary & Wages $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Advertising & Marketing $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 Billing $0 $0 $0 $0 $500 $500 $642 $970 $1,300 $1,588 $1,846 $2,042 Total Commercial & Marketing $500 $500 $500 $500 $1,000 $1,000 $5,493 $32,364 $17,464 $17,752 $14,094 $11,941

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 35 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Telecommunications Revenue & Expenses (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

General & Administrative Executive Administration Salary & Wages $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Operations Salary & Wages $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Benefits and Taxes $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Travel $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 Audit Fees and Accounting $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 Occupancy Expense $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Telecommunications Expense $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 $200 Property Insurance $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 Liability Insurance $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 General Expense $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Corporate Services $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 General Accounting $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Human Resources $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Legal Expense $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 $1,500 Consultants $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Gen & Admin $0 $300 $300 $300 $2,300 $300 $300 $300 $300 $300 $300 $300 Total Administrative $3,800 $4,100 $4,100 $4,100 $6,100 $4,100 $4,100 $4,100 $4,100 $4,100 $4,100 $4,100 Franchise Fees $0 $0 $0 $0 $0 $0 $532 $2,310 $4,353 $5,934 $7,320 $8,388 Sales Tax $0 $0 $0 $0 $0 $0 $638 $2,772 $5,224 $7,120 $8,784 $10,066 Telecommunications Tax $0 $0 $0 $0 $1,645 $1,630 $2,033 $3,416 $5,006 $6,234 $7,308 $8,133 Reimbursement $0 $0 $0 $0 $0 $0 $7,314 $6,186 $5,569 $5,392 $7,938 $7,764 Total Telecommunications Expenses $8,709 $9,009 $9,009 $9,009 $15,554 $13,540 $46,745 $82,137 $73,978 $79,902 $90,479 $94,585

Total Telecommunications Operating Income ($8,709) ($9,009) ($9,009) ($9,009) ($13,909) ($11,909) ($33,018) ($27,933) $26,723 $56,770 $77,749 $97,951

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 36 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Broadband Services Salary and Wage Variables Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Operations Management Vice President Operations $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Director of Operations $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Executive Expenses $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Engineering Engineers $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Technician $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Engineering Total $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Switching Switch Manager $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Switch Technicians $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 Overtime $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $675.28 $675.28 $675.28 $675.28 $675.28 $675.28 Switch Total $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $5,177.16 $5,177.16 $5,177.16 $5,177.16 $5,177.16 $5,177.16 Field Services Supervisor $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Field Techs $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3,909.74 $3,909.74 $3,909.74 $3,909.74 $7,819.48 $7,819.48 Overtime $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $586.46 $586.46 $586.46 $586.46 $1,172.92 $1,172.92 Field Services Total $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $4,496.20 $4,496.20 $4,496.20 $4,496.20 $8,992.40 $8,992.40 Customer Provisioning Supervisor $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Customer Provisioning Reps $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 Overtime $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 Customer Provisioning Total $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 $3,881.72 $3,881.72 $3,881.72 $3,881.72 $3,881.72 $3,881.72 Sales & Marketing Director $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 SAM's $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 AM's $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Tech Consultant $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Marketing Specialist $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Bridge payments $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Sales & Marketing $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Customer Operations Manager $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Specialist $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Customer Operations $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Executive Administration Senior Vice President $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Financial Manager $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Administration $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Salaries & Wages $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 $13,555.08 $13,555.08 $13,555.08 $13,555.08 $18,051.28 $18,051.28 Commissions $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3,223.13 $22,884.19 $11,603.25 $11,603.25 $8,702.44 $6,961.95 Broadband Services Total Salaries, Wages & Commissions $895.78 $895.78 $895.78 $895.78 $895.78 $895.78 $16,778.20 $36,439.26 $25,158.33 $25,158.33 $26,753.72 $25,013.23

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 37 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Broadband Servies Salary and Wage Variables (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Network operations Vp Operations $13,400.00 $13,400.00 $13,400.00 $13,400.00 $13,400.00 $13,400.00 $13,400.00 $13,400.00 $13,400.00 $13,400.00 $13,400.00 $13,400.00 Director $8,400.00 $8,400.00 $8,400.00 $8,400.00 $8,400.00 $8,400.00 $8,400.00 $8,400.00 $8,400.00 $8,400.00 $8,400.00 $8,400.00 Engineers $5,458.03 $5,458.03 $5,458.03 $5,458.03 $5,458.03 $5,458.03 $5,458.03 $5,458.03 $5,458.03 $5,458.03 $5,458.03 $5,458.03 Technician $3,750.00 $3,750.00 $3,750.00 $3,750.00 $3,750.00 $3,750.00 $3,750.00 $3,750.00 $3,750.00 $3,750.00 $3,750.00 $3,750.00

Switch Mngr $7,122.50 $7,122.50 $7,122.50 $7,122.50 $7,122.50 $7,122.50 $7,122.50 $7,122.50 $7,122.50 $7,122.50 $7,122.50 $7,122.50 Switch Techs $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 $4,501.88 Overtime $675.28 $675.28 $675.28 $675.28 $675.28 $675.28 $675.28 $675.28 $675.28 $675.28 $675.28 $675.28 Total switching

Supervisor $5,486.25 $5,486.25 $5,486.25 $5,486.25 $5,486.25 $5,486.25 $5,486.25 $5,486.25 $5,486.25 $5,486.25 $5,486.25 $5,486.25 Field Techs $3,909.74 $3,909.74 $3,909.74 $3,909.74 $3,909.74 $3,909.74 $3,909.74 $3,909.74 $3,909.74 $3,909.74 $3,909.74 $3,909.74 Overtime $586.46 $586.46 $586.46 $586.46 $586.46 $586.46 $586.46 $586.46 $586.46 $586.46 $586.46 $586.46 Total Field Services

Supervisor $3,996.56 $3,996.56 $3,996.56 $3,996.56 $3,996.56 $3,996.56 $3,996.56 $3,996.56 $3,996.56 $3,996.56 $3,996.56 $3,996.56 Reps $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 $2,985.94 Overtime $447.89 $447.89 $447.89 $447.89 $447.89 $447.89 $447.89 $447.89 $447.89 $447.89 $447.89 $447.89 Total Provisioning

Sales & Marketing Director $11,775.00 $11,775.00 $11,775.00 $11,775.00 $11,775.00 $11,775.00 $11,775.00 $11,775.00 $11,775.00 $11,775.00 $11,775.00 $11,775.00 Sr Acct Mngr $5,468.75 $5,468.75 $5,468.75 $5,468.75 $5,468.75 $5,468.75 $5,468.75 $5,468.75 $5,468.75 $5,468.75 $5,468.75 $5,468.75 Acct Mngr $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 Tech Consult $5,687.50 $5,687.50 $5,687.50 $5,687.50 $5,687.50 $5,687.50 $5,687.50 $5,687.50 $5,687.50 $5,687.50 $5,687.50 $5,687.50 Specialist $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 $3,500.00 Bridge Payments $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00 $3,000.00

Customer Operations Manager $6,000.00 $6,000.00 $6,000.00 $6,000.00 $6,000.00 $6,000.00 $6,000.00 $6,000.00 $6,000.00 $6,000.00 $6,000.00 $6,000.00 Specialist $2,916.67 $2,916.67 $2,916.67 $2,916.67 $2,916.67 $2,916.67 $2,916.67 $2,916.67 $2,916.67 $2,916.67 $2,916.67 $2,916.67

Administration Sr VP $14,983.33 $14,983.33 $14,983.33 $14,983.33 $14,983.33 $14,983.33 $14,983.33 $14,983.33 $14,983.33 $14,983.33 $14,983.33 $14,983.33 Fin Mngr $5,500.00 $5,500.00 $5,500.00 $5,500.00 $5,500.00 $5,500.00 $5,500.00 $5,500.00 $5,500.00 $5,500.00 $5,500.00 $5,500.00

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 38 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Broadband Salary and Wage Variables (Cont.)

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Telecommunications Service Employees Switch Techs 000000111111 Field Techs 000000111122 Provisioning Reps 000000111111 Total Telecommunications Employees 000000444455

Cable Service Employees General Managers 000000000000 Office Manager 000000000000 MIS Director 000000000000 Customer Service Representatives 000002222222 Support Staff 111111111111 Technical Manager (s) 111111111111 Headend Technicians 000011111111 Construction Manager/Plant Manager 111111111111 Broadband Service Technicians 0000#REF! 1112122 Installer/Service Technician 000011112222 Contract Installers 000000455543 Marketing and Sales Manager 111111111111 Contract Field Representatives 000000455543 Total 4446#REF! 10 18 20 21 21 19 17

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 49 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Limited Basic Headline News $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WBBM (2) CBS Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WGN (9) Chicago Local Off-Air $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WFLD (32) Fox Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WMAQ (5) Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WCIU (26) IND Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Local Community Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WLS (7) ABC Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WPWR (50) UPN Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WTTW (11) PBS Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WCPX (38) PAX Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 TV Guide Channel $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 WGBO (66) Univision Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WSNS (44) Telemundo Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WYCC (22) PBS Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 TBS $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 Local Govt/Educational/Public Access Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Total Limited Basic $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800

Standard Basic A & E $0.2350 $0.2350 $0.2350 $0.2350 $0.2350 $0.2350 $0.2350 $0.2350 $0.2350 $0.2350 $0.2350 $0.2350 American Movie Classics $0.2550 $0.2550 $0.2550 $0.2550 $0.2550 $0.2550 $0.2550 $0.2550 $0.2550 $0.2550 $0.2550 $0.2550 American's Health Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 America's Talking $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 America's Voice Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Animal Planet $0.1530 $0.1530 $0.1530 $0.1530 $0.1530 $0.1530 $0.1530 $0.1530 $0.1530 $0.1530 $0.1530 $0.1530 BET $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 BET On Jazz $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Bloomberg Television $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Bravo $0.1625 $0.1625 $0.1625 $0.1625 $0.1625 $0.1625 $0.1625 $0.1625 $0.1625 $0.1625 $0.1625 $0.1625 Cable In the Classroom $0.0035 $0.0035 $0.0035 $0.0035 $0.0035 $0.0035 $0.0035 $0.0035 $0.0035 $0.0035 $0.0035 $0.0035 Cartoon Network $0.1270 $0.1270 $0.1270 $0.1270 $0.1270 $0.1270 $0.1270 $0.1270 $0.1270 $0.1270 $0.1270 $0.1270 CMTV $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 CNBC $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 CNN $0.3830 $0.3830 $0.3830 $0.3830 $0.3830 $0.3830 $0.3830 $0.3830 $0.3830 $0.3830 $0.3830 $0.3830

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 50 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Standard Basic (Cont.) CNNfn $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 CNNSI $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Comedy Central $0.1650 $0.1650 $0.1650 $0.1650 $0.1650 $0.1650 $0.1650 $0.1650 $0.1650 $0.1650 $0.1650 $0.1650 Court TV $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 C-Span $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 C-Span 2 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Discovery $0.3160 $0.3160 $0.3160 $0.3160 $0.3160 $0.3160 $0.3160 $0.3160 $0.3160 $0.3160 $0.3160 $0.3160 Disney $0.8500 $0.8500 $0.8500 $0.8500 $0.8500 $0.8500 $0.8500 $0.8500 $0.8500 $0.8500 $0.8500 $0.8500 Do It Yourself Network $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 $0.0600 E! Entertainment $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 Encore $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Encore MoviePlex $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 ESPN $1.8130 $1.8130 $1.8130 $1.8130 $1.8130 $1.8130 $1.8130 $1.8130 $1.8130 $1.8130 $1.8130 $1.8130 ESPN 2 $0.3750 $0.3750 $0.3750 $0.3750 $0.3750 $0.3750 $0.3750 $0.3750 $0.3750 $0.3750 $0.3750 $0.3750 ESPN News $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 ESPN Classic Sports $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 EWTN $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Fit TV $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 ABC Family Channel $0.1830 $0.1830 $0.1830 $0.1830 $0.1830 $0.1830 $0.1830 $0.1830 $0.1830 $0.1830 $0.1830 $0.1830 Food Network $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 Fox News $0.2205 $0.2205 $0.2205 $0.2205 $0.2205 $0.2205 $0.2205 $0.2205 $0.2205 $0.2205 $0.2205 $0.2205 fX $0.2980 $0.2980 $0.2980 $0.2980 $0.2980 $0.2980 $0.2980 $0.2980 $0.2980 $0.2980 $0.2980 $0.2980 fX Movies (no fX in system) $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Game Show Network $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 Golf Channel $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 Great American Country $0.0350 $0.0350 $0.0350 $0.0350 $0.0350 $0.0350 $0.0350 $0.0350 $0.0350 $0.0350 $0.0350 $0.0350 Headline News (Free with CNN) $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 History Channel $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 Home & Garden TV $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 Home Shopping Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Independent Film Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 International Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Inspirational Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Lifetime Movie Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Open $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 51 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Standard Basic (Cont.) Learning Channel $0.1610 $0.1610 $0.1610 $0.1610 $0.1610 $0.1610 $0.1610 $0.1610 $0.1610 $0.1610 $0.1610 $0.1610 Lifetime $0.2900 $0.2900 $0.2900 $0.2900 $0.2900 $0.2900 $0.2900 $0.2900 $0.2900 $0.2900 $0.2900 $0.2900 Military Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 MSNBC $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 MTV $0.2950 $0.2950 $0.2950 $0.2950 $0.2950 $0.2950 $0.2950 $0.2950 $0.2950 $0.2950 $0.2950 $0.2950 Much Music $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 NASA TV $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 The National Network $0.3100 $0.3100 $0.3100 $0.3100 $0.3100 $0.3100 $0.3100 $0.3100 $0.3100 $0.3100 $0.3100 $0.3100 NET $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Newsport $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Nickelodeon $0.4230 $0.4230 $0.4230 $0.4230 $0.4230 $0.4230 $0.4230 $0.4230 $0.4230 $0.4230 $0.4230 $0.4230 Nostalgia $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Hallmark Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Outdoor Life Network $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 The Outdoor Channel $0.0720 $0.0720 $0.0720 $0.0720 $0.0720 $0.0720 $0.0720 $0.0720 $0.0720 $0.0720 $0.0720 $0.0720 Ovation $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Oxygen $0.2170 $0.2170 $0.2170 $0.2170 $0.2170 $0.2170 $0.2170 $0.2170 $0.2170 $0.2170 $0.2170 $0.2170 Pax Family Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Product Information Network (PIN) $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 QVC $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Women's Entertainment (formerly Romance Classics) $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 $0.1400 Sci-Fi Network $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 Speed Channel $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 $0.1710 Fox Sports Midwest $0.7500 $0.7500 $0.7500 $0.7500 $0.7500 $0.7500 $0.7500 $0.7500 $0.7500 $0.7500 $0.7500 $0.7500 Style $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 TBN $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 TBS $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 $0.2800 TNT $0.7200 $0.7200 $0.7200 $0.7200 $0.7200 $0.7200 $0.7200 $0.7200 $0.7200 $0.7200 $0.7200 $0.7200 Toon Disney $0.0900 $0.0900 $0.0900 $0.0900 $0.0900 $0.0900 $0.0900 $0.0900 $0.0900 $0.0900 $0.0900 $0.0900 Travel Channel $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 Turner Classic Movies $0.2200 $0.2200 $0.2200 $0.2200 $0.2200 $0.2200 $0.2200 $0.2200 $0.2200 $0.2200 $0.2200 $0.2200 Turner South $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Tech TV $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 $0.0700 TV Land $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 USA Network $0.4000 $0.4000 $0.4000 $0.4000 $0.4000 $0.4000 $0.4000 $0.4000 $0.4000 $0.4000 $0.4000 $0.4000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 52 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Standard Basic (Cont.) VH-1 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 Weather Channel $0.1560 $0.1560 $0.1560 $0.1560 $0.1560 $0.1560 $0.1560 $0.1560 $0.1560 $0.1560 $0.1560 $0.1560 WeatherScan $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 SoapNet $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 National Geographic Channel $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 Fine Living $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 Galavision $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Biography (Includes History International) $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Annual Adjustment $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Total Standard Basic $13.1055 $13.1055 $13.1055 $13.1055 $13.1055 $13.1055 $13.1055 $13.1055 $13.1055 $13.1055 $13.1055 $13.1055

Digital Tier Discovery Kids $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 Discovery Science $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 Discovery Home & Leisure $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 Discovery Health $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 Discovery Civilization $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 Discovery People $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 BBC America (Free with The Discovery Channel) $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Much Music $0.1250 $0.1250 $0.1250 $0.1250 $0.1250 $0.1250 $0.1250 $0.1250 $0.1250 $0.1250 $0.1250 $0.1250 Nick 2 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 Noggin $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 Nick Games & Sports $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 WAM! $0.2792 $0.2792 $0.2792 $0.2792 $0.2792 $0.2792 $0.2792 $0.2792 $0.2792 $0.2792 $0.2792 $0.2792 Boomerang $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 $0.0300 CNN fn $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Fox Sportsworld $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 $0.1800 Outdoor Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 MTV 2 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 MTV X Generation $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 BET on Jazz $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 BET Gospel $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 $0.0850 Wisdom Network $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 FamilyNet $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Bloomberg $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Lifetime Movie Network $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 $0.1500 Independent Film Channel $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600 $0.1600

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 53 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Residential Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Digital Tier (Cont.) Style $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 $0.1100 Tech TV $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 VH-1 Classic Rock (Free with VH-1) $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 VH-Country (Free with VH-1) $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 VH-1 Soul (Free with VH-1) $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 $0.1300 SoapNet $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 $0.1000 Inspirational Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 National Geographic $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Good Life TV $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 $0.0800 Music Choice (45 Channels of Digital Audio) $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 $0.3800 Biography Channel/History International $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 $0.2100 Annual Programming Adjustment (Five Percent) $0.1677 $0.1677 $0.1677 $0.1677 $0.1677 $0.1677 $0.1677 $0.1677 $0.1677 $0.1677 $0.1677 $0.1677 Total Digital Basic Tier $3.5219 $3.5219 $3.5219 $3.5219 $3.5219 $3.5219 $3.5219 $3.5219 $3.5219 $3.5219 $3.5219 $3.5219

Premium Services HBO Analog Only $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 HBO Digital Group $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 $7.9300 Cinemax Digital Group $4.4500 $4.4500 $4.4500 $4.4500 $4.4500 $4.4500 $4.4500 $4.4500 $4.4500 $4.4500 $4.4500 $4.4500 Showtime Digital Group $6.3200 $6.3200 $6.3200 $6.3200 $6.3200 $6.3200 $6.3200 $6.3200 $6.3200 $6.3200 $6.3200 $6.3200 The Movie Channel Digital Group $4.6000 $4.6000 $4.6000 $4.6000 $4.6000 $4.6000 $4.6000 $4.6000 $4.6000 $4.6000 $4.6000 $4.6000 Starz/Encore Group $4.2200 $4.2200 $4.2200 $4.2200 $4.2200 $4.2200 $4.2200 $4.2200 $4.2200 $4.2200 $4.2200 $4.2200 Encore $1.6100 $1.6100 $1.6100 $1.6100 $1.6100 $1.6100 $1.6100 $1.6100 $1.6100 $1.6100 $1.6100 $1.6100 Showtime Digital Combo (Show, TMC, Flix & Sundance) $6.6500 $6.6500 $6.6500 $6.6500 $6.6500 $6.6500 $6.6500 $6.6500 $6.6500 $6.6500 $6.6500 $6.6500 HBO Digital Group/Cinemax Digital Group $10.6300 $10.6300 $10.6300 $10.6300 $10.6300 $10.6300 $10.6300 $10.6300 $10.6300 $10.6300 $10.6300 $10.6300 Digital Basic Tier with Music Choice $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Video on Demand Movies & Events $6.5000 $6.5000 $6.5000 $6.5000 $6.5000 $6.5000 $6.5000 $6.5000 $6.5000 $6.5000 $6.5000 $6.5000 Advertising Sales $1.0000 $1.0000 $1.0000 $1.0000 $1.0000 $1.0000 $1.0000 $1.0000 $1.0000 $1.0000 $1.0000 $1.0000

Pay Per View PPV 1 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 PPV 2 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 PPV 3 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 PPV 4 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 PPV 5 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 PPV 6 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 54 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Limited Basic Headline News $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WBBM (2) CBS Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WGN (9) Chicago Local Off-Air $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WFLD (32) Fox Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WMAQ (5) Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WCIU (26) IND Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Local Community Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WLS (7) ABC Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WPWR (50) UPN Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WTTW (11) PBS Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WCPX (38) PAX Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 TV Guide Channel $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 WGBO (66) Univision Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WSNS (44) Telemundo Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 WYCC (22) PBS Chicago $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 TBS $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 Local Govt/Educational/Public Access Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Total Limited Basic $0.0771 $0.0771 $0.0771 $0.0771 $0.0771 $0.0771 $0.0771 $0.0771 $0.0771 $0.0771 $0.0771 $0.0771

Standard Basic A & E $0.0477 $0.0477 $0.0477 $0.0477 $0.0477 $0.0477 $0.0477 $0.0477 $0.0477 $0.0477 $0.0477 $0.0477 American Movie Classics $0.0517 $0.0517 $0.0517 $0.0517 $0.0517 $0.0517 $0.0517 $0.0517 $0.0517 $0.0517 $0.0517 $0.0517 American's Health Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 America's Talking $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 America's Voice Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Animal Planet $0.0310 $0.0310 $0.0310 $0.0310 $0.0310 $0.0310 $0.0310 $0.0310 $0.0310 $0.0310 $0.0310 $0.0310 BET $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 BET On Jazz $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Bloomberg Television $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Bravo $0.0330 $0.0330 $0.0330 $0.0330 $0.0330 $0.0330 $0.0330 $0.0330 $0.0330 $0.0330 $0.0330 $0.0330 Cable In the Classroom $0.0086 $0.0086 $0.0086 $0.0086 $0.0086 $0.0086 $0.0086 $0.0086 $0.0086 $0.0086 $0.0086 $0.0086 Cartoon Network $0.0258 $0.0258 $0.0258 $0.0258 $0.0258 $0.0258 $0.0258 $0.0258 $0.0258 $0.0258 $0.0258 $0.0258 CMTV $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 CNBC $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 CNN $0.0777 $0.0777 $0.0777 $0.0777 $0.0777 $0.0777 $0.0777 $0.0777 $0.0777 $0.0777 $0.0777 $0.0777 Open $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 55 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Standard Basic (Cont.) CNNfn $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 CNNSI $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Comedy Central $0.0335 $0.0335 $0.0335 $0.0335 $0.0335 $0.0335 $0.0335 $0.0335 $0.0335 $0.0335 $0.0335 $0.0335 Court TV $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 C-Span $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 C-Span 2 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Discovery $0.0641 $0.0641 $0.0641 $0.0641 $0.0641 $0.0641 $0.0641 $0.0641 $0.0641 $0.0641 $0.0641 $0.0641 Disney $0.1725 $0.1725 $0.1725 $0.1725 $0.1725 $0.1725 $0.1725 $0.1725 $0.1725 $0.1725 $0.1725 $0.1725 Do It Yourself Network $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 $0.0122 E! Entertainment $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 Encore $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Encore MoviePlex $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 ESPN $0.3679 $0.3679 $0.3679 $0.3679 $0.3679 $0.3679 $0.3679 $0.3679 $0.3679 $0.3679 $0.3679 $0.3679 ESPN 2 $0.0761 $0.0761 $0.0761 $0.0761 $0.0761 $0.0761 $0.0761 $0.0761 $0.0761 $0.0761 $0.0761 $0.0761 ESPN News $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 ESPN Classic Sports $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 EWTN $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Fit TV $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 ABC Family Channel $0.0371 $0.0371 $0.0371 $0.0371 $0.0371 $0.0371 $0.0371 $0.0371 $0.0371 $0.0371 $0.0371 $0.0371 Food Network $0.0172 $0.0172 $0.0172 $0.0172 $0.0172 $0.0172 $0.0172 $0.0172 $0.0172 $0.0172 $0.0172 $0.0172 Fox News $0.0447 $0.0447 $0.0447 $0.0447 $0.0447 $0.0447 $0.0447 $0.0447 $0.0447 $0.0447 $0.0447 $0.0447 fX $0.0605 $0.0605 $0.0605 $0.0605 $0.0605 $0.0605 $0.0605 $0.0605 $0.0605 $0.0605 $0.0605 $0.0605 fX Movies (no fX in system) $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Game Show Network $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 Golf Channel $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 $0.0426 Great American Country $0.0071 $0.0071 $0.0071 $0.0071 $0.0071 $0.0071 $0.0071 $0.0071 $0.0071 $0.0071 $0.0071 $0.0071 Headline News (Free with CNN) $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 History Channel $0.0365 $0.0365 $0.0365 $0.0365 $0.0365 $0.0365 $0.0365 $0.0365 $0.0365 $0.0365 $0.0365 $0.0365 Home & Garden TV $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 Home Shopping Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Independent Film Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 International Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Inspirational Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Lifetime Movie Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Open $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 56 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Standard Basic (Cont.) Learning Channel $0.0327 $0.0327 $0.0327 $0.0327 $0.0327 $0.0327 $0.0327 $0.0327 $0.0327 $0.0327 $0.0327 $0.0327 Lifetime $0.0588 $0.0588 $0.0588 $0.0588 $0.0588 $0.0588 $0.0588 $0.0588 $0.0588 $0.0588 $0.0588 $0.0588 Military Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 MSNBC $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 MTV $0.0599 $0.0599 $0.0599 $0.0599 $0.0599 $0.0599 $0.0599 $0.0599 $0.0599 $0.0599 $0.0599 $0.0599 Much Music $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 NASA TV $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 The National Network $0.0629 $0.0629 $0.0629 $0.0629 $0.0629 $0.0629 $0.0629 $0.0629 $0.0629 $0.0629 $0.0629 $0.0629 NET $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Newsport $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Nickelodeon $0.0858 $0.0858 $0.0858 $0.0858 $0.0858 $0.0858 $0.0858 $0.0858 $0.0858 $0.0858 $0.0858 $0.0858 Nostalgia $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Hallmark Channel $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Outdoor Life Network $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 The Outdoor Channel $0.0146 $0.0146 $0.0146 $0.0146 $0.0146 $0.0146 $0.0146 $0.0146 $0.0146 $0.0146 $0.0146 $0.0146 Ovation $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Oxygen $0.0440 $0.0440 $0.0440 $0.0440 $0.0440 $0.0440 $0.0440 $0.0440 $0.0440 $0.0440 $0.0440 $0.0440 Pax Family Network $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Product Information Network (PIN) $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 QVC $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Women's Entertainment (formerly Romance Classics) $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 $0.0284 Sci-Fi Network $0.0325 $0.0325 $0.0325 $0.0325 $0.0325 $0.0325 $0.0325 $0.0325 $0.0325 $0.0325 $0.0325 $0.0325 Speed Channel $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 $0.0347 Fox Sports Midwest $0.1522 $0.1522 $0.1522 $0.1522 $0.1522 $0.1522 $0.1522 $0.1522 $0.1522 $0.1522 $0.1522 $0.1522 Style $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 TBN $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 TBS $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 $0.0568 TNT $0.1461 $0.1461 $0.1461 $0.1461 $0.1461 $0.1461 $0.1461 $0.1461 $0.1461 $0.1461 $0.1461 $0.1461 Toon Disney $0.0183 $0.0183 $0.0183 $0.0183 $0.0183 $0.0183 $0.0183 $0.0183 $0.0183 $0.0183 $0.0183 $0.0183 Travel Channel $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 Turner Classic Movies $0.0446 $0.0446 $0.0446 $0.0446 $0.0446 $0.0446 $0.0446 $0.0446 $0.0446 $0.0446 $0.0446 $0.0446 Turner South $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Tech TV $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 $0.0142 TV Land $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 $0.0203 USA Network $0.0812 $0.0812 $0.0812 $0.0812 $0.0812 $0.0812 $0.0812 $0.0812 $0.0812 $0.0812 $0.0812 $0.0812

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 57 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Standard Basic (Cont.) VH-1 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 $0.0264 Weather Channel $0.0317 $0.0317 $0.0317 $0.0317 $0.0317 $0.0317 $0.0317 $0.0317 $0.0317 $0.0317 $0.0317 $0.0317 WeatherScan $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 SoapNet $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 National Geographic Channel $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 $0.0304 Fine Living $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 $0.0223 Galavision $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Biography (Includes History International) $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Total Standard Basic $2.6670 $2.6670 $2.6670 $2.6670 $2.6670 $2.6670 $2.6670 $2.6670 $2.6670 $2.6670 $2.6670 $2.6670

Confidential 9/20/2002 United Telesystems, Inc. City of Geneva Page: 58 Geneva, Ilinois FTTH/FTTB Broadband Financial Projections - Base Case 2002 Program. Exp. Per Channel - Commercial

Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12

Premium Services HBO Analog Only $1.6090 $1.6090 $1.6090 $1.6090 $1.6090 $1.6090 $1.6090 $1.6090 $1.6090 $1.6090 $1.6090 $1.6090

Pay Per View Pay Per View 1 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 Pay Per View 2 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 $2.0000 Open $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Open $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 Open $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000 $0.0000

Confidential 9/20/2002 United Telesystems, Inc.