Frost & Sullivan Commends Net10 for Developing Prepaid Wireless Plans in Line with Top Consumer Priorities - Affordability and Simplicity

NEW YORK, July 10 /PRNewswire/ --     Based on its recent analysis of the U.S. prepaid wireless
market, Frost & Sullivan recognizes NET10 with the 2007 U.S. Frost & Sullivan
Award for "Best Bang for the Buck" Pay-by-the-Minute Prepaid Wireless Plan.
Net10 earns this distinction for providing superior consumer value in terms
of three critical aspects of any wireless solution - affordability,
simplicity, and subscriber certainty for voice calling.

"With this award, Frost & Sullivan recognizes NET10's
achievement in identifying the top considerations for customers subscribing
to mobile wireless services and then structuring plans with those needs in 
mind," says Michael Suby, Research Director for Stratecast, the research 
and strategic analysis division of Frost & Sullivan.

"Stratecast undertook a detailed comparison of NET10's prepaid
wireless plans with similar plans offered by Alltel, AT&T/Cingular, Boost
Mobile, TracFone, T-Mobile, Verizon Wireless, and Virgin Mobile USA and found
that Net10 offers higher overall consumer value."

NET10 offers highly attractive rates for U.S. domestic voice
calls at 10 cents a minute, 24x7 with no overage charges, no surcharges, and
no credit checks. Purchasing as few as 150 minutes per month, for US$15,
ensures that service will remain continuously available without an annual
contract.

Among other features, subscribers carry forward all unused
minutes and service time whenever they add a new airtime card. The process of
refilling balance of minutes and time is both simple and immediate, allowing
subscribers to know their current balances at any given point of time.
Additionally, text and picture messaging services are available at
competitive rates. NET10 offers a nationwide service with its signals carried
on the networks of the largest wireless network operators.

Stratecast's analysis of domestic U.S. cost-per-minute rates
revealed these differences among the major wireless carriers:

- NET10: 10 cents per minute 24x7, no monthly or daily fees

    - AT&T/Cingular GoPhone: 10 cents per minute 24 x7 plus US$1 daily
    surcharge

    - Verizon INPulse: 10 cents per minute and 99 cent daily surcharge

    - Boost Mobile Pay-as-U-Go: 10 or 20 cents per minute based on time and
    day of week

    - Alltel U Prepaid Pay-per-Minute: 15 cents per minute 24x7

    - Virgin Mobile USA: 18 cents per minute 24x7



"Taking all this into consideration, NET10 is the obvious
choice and deserving recipient of the 2007 U.S. Frost & Sullivan Award for
"Best Bang for the Buck" Pay by the Minute Prepaid Wireless Plan," says Mr.
Suby. "With U.S. prepaid wireless representing a growing share of the overall
mobile wireless market, Net10 is well positioned to serve wireless consumers
with affordable, simplicity, and value-enhancing mobile wireless service."

Each year Frost & Sullivan presents this award to the company
that offers consumers of mobile wireless communication services the best
dollar value in making and receiving mobile wireless calls with a Pay by the
Minute prepaid wireless plan.

Stratecast and Frost & Sullivan Best Practices Awards
recognize companies in a variety of regional and global markets for
demonstrating outstanding achievement and superior performance in areas such
as leadership, technological innovation, customer service, and strategic
product development. Industry analysts compare market participants and
measure performance through in-depth interviews, analysis, and extensive
secondary research in order to identify best practices in the industry.

About NET10

Over the last three years, NET10 Wireless has been the nation's fastest
growing wireless provider. NET10 is a pre-paid service for frequent cell
phone users from TracFone Wireless, Inc. NET10 offers all local, long
distance and roaming calls at a single low price of 10 cents per minute. Text
messages are 5c each, and international calls to over 60 destinations are 15c
per minute. With NET10 there are no annual contracts, credit checks, monthly
fees, security deposits, activation (or deactivation) charges, or age
restrictions. TracFone Wireless is a subsidiary of America Movil (NYSE: AMX,
NASDAQ: AMOV), largest mobile phone provider in all of the America's and 4th
largest globally, with more than 120 Million wireless subscribers. For more
information visit http://www.net10.com/.

About Frost & Sullivan

Frost & Sullivan, a global growth consulting company, has been
partnering with clients to support the development of innovative strategies
for more than 40 years. The company's industry expertise integrates growth
consulting, growth partnership services, and corporate management training to
identify and develop opportunities. Frost & Sullivan serves an extensive
clientele that includes Global 1000 companies, emerging companies, and the
investment community by providing comprehensive industry coverage that
reflects a unique global perspective and combines ongoing analysis of
markets, technologies, econometrics, and demographics. For more information,
visit http://www.awards.frost.com/.

About Stratecast

Stratecast directly assists clients in achieving their
objectives by providing critical, objective and accurate strategic insight,
in a variety of forms, via an access-and-industry-expertise-based strategic
intelligence solution. Stratecast provides communications industry insight
superior to a management consultancy, yet priced like a market research firm.
Stratecast's product line includes: Monthly Analysis Services [Convergence
Strategies & Network Architectures (CSNA), OSS Competitive Strategies
(OSSCS), Network Professional Services Strategies (NPSS), Consumer Market
Strategies (CMS), Business Market Strategies (BMS)], Weekly Analysis Service
[Stratecast Perspectives and Insight for Executives (SPIE)], Standalone
Research, and Business Strategy Consulting.

Contact Frost & Sullivan:

    Anna Lay
    Frost & Sullivan
    Best Practices Promotions Co-ordinator
    t: +49-69-770-33-12
    e: anna.lay@frost.com

    Contact Net10:
    Ben Hawken
    Connors Communications
    t: +1-212-798-1421
    e: bhawken@connors.com