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At A Glance International Communications Experience

NERA counts among its clients the world’s largest communications companies and associations, including:

• Alltel • MaxMobil • SKT • AT&T • MCI Inc. • Softbank Corp. • Bell Atlantic (now part of Verizon) • Meditel • Sprint Nextel • • Mercury Communications • SureWest Communications • BellSouth Corporation • MFS Communications • • Brasil Telecom • Multi Communications Media Inc. • TDC Switzerland AG • British Broadcasting Corporation • Nextel (now Sprint Nextel) • Telecom Egypt • British Telecom • NTL UK • Telecom Italia • Cable and Wireless • NTT DoCoMo • Telecom New Zealand • Capsule Communications • NYNEX (now part of Verizon) • Telecom One Ltd. • Cincinnati Bell Telephone • O2 Ireland • Telecom Limited • Detica Limited • One.Tel • Telefonica • plc • Dolphin Telecom • Orange • Telesp Celular • Embarq • Orascom Egypt • Telia Mobile • Esat BT • O.tel.o Communications • • France Telecom • Pacific Telesis (now part of SBC) • New Zealand • GTE (now part of Verizon) • PanAmSat Corporation • Corporation • • PCCW • Time WarnerT-Mobile • Japan Telecom Co., Ltd • Planet S.A. • UPC • KCom Group PLC • Portugal Telecom • US Telecom Association • Korea Telecom • PTT Mobile • US WEST (now Qwest) • KPN • Qualcomm Inc. • Verizon • KTF • Qwest Corporation • AG • Leap Wireless • SBC • Western Wireless • Lucent • SingTel • Manitoba Telephone • SingTel Optus NERA has consulted with regulators and governments in the following countries:

• Argentina • Greece • Rwanda • • Hong Kong • Saudi Arabia • Belgium • • Senegal • Bahamas • Ireland • • Bahrain • Israel • Spain • Botswana • Italy • Sweden • Canada • Japan • Switzerland • Cyprus • Korea • • Czech Republic • Malaysia • The Netherlands • Denmark • Mexico • UAE • Egypt • New Zealand • United Kingdom • France • Oman • United States • Germany • Peru

About NERA Contact

NERA Economic Consulting (www.nera.com) is a global firm of experts Christian Dippon dedicated to applying economic, finance, and quantitative principles to Vice President complex business and legal challenges. For half a century, NERA’s economists NERA Economic Consulting have been creating strategies, studies, reports, expert testimony, and policy One Front Street, Suite 2600 recommendations for government authorities and the world’s leading law firms San Francisco, CA 94116 and corporations. We bring academic rigor, objectivity, and real world industry United States of America experience to bear on issues arising from competition, regulation, public policy, Office: +1 415 291-1044 strategy, finance, and litigation. Mobile: +1 415 810-9246 Fax. +1 415 291-1020 NERA’s clients value our ability to apply and communicate state-of-the-art [email protected] approaches clearly and convincingly, our commitment to deliver unbiased findings, and our reputation for quality and independence. Our clients rely on the integrity and skills of our unparalleled team of economists and other experts backed by the resources and reliability of one of the world’s largest economic consultancies. With its main office in New York City, NERA serves clients from more than 25 offices across North America, Europe, and Asia Pacific.