1. Company Overview
• Cricket Wireless Dealer
• AT&T bought Cricket in 2014
• Created virgin territories for
first time in a decade
• Seeking $5M capital for 100
new stores
• 2 Stores open
• 14 Stores in Process
Current locations open or under
construction
October 2015
2. U.S. Wireless Market
• $188 billion market
• More mobile devices than people
in the US
• 12% annual growth of prepaid
wireless plans
• Prepaid plans growing 10X faster
than contract plans
• Cricket Wireless is fastest growing
prepaid carrier
3. Cricket Wireless History
• Cricket was launched in 1999
• 3,300 Stores in the U.S.
• Purchased in 2014 by AT&T for
$1.2 billion
• Cricket now uses AT&T’s network
• Doubled its network size to cover
97% of US population
• Created virgin territories for first
time in a decade
Before
After
4. Company Revenue
Sources of Revenue
• Activation commission
• Accessory sales
• Lifetime residual
Projections Per-Store:
• Annual store revenue - $400k
• Annual store profit - $200k
5. Management Team
Denny Mitchell – President
• Recently sold 34-Store Sprint Dealership (largest dealership in Arizona)
• 16 yrs mgt experience of wireless stores
• Member of Sprint Dealer Advisory Council (Top 10 dealers in the U.S.)
• Masters in Business Administration from University of Phoenix
Steve Miller – Board Member
• 30 Yrs experience as President or CEO
• Former CEO of Axxess Technologies which sold for $240 million
• Former CEO of Head Sports for North and South America
• Degree in accounting and economics from University of Missouri
David White – Board Member
• 10 years business mgt, capitalization and start-up experience
• Commercial real estate financing and construction mgt background
• Bachelor’s degree from BYU
• Advanced Paralegal Cert from University of Arizona
6. Contact Info
For more information contact:
• Steve Miller – board member
• 480-245-4808
• Email: smiller@bdventuresllc.com
• Website: www.bdventuresllc.com/milestones
7. Disclaimer
This presentation is not an offer to sell interests
in Progressive Wireless, LLC. Any such offer can
only be made through the company's
confidential private placement memorandum
when it accompanies its business plan.
