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ss handset sector consists of both analog and digital handsets, and is estimated to be the world's largest consumer electronic market. According to Datamonitor, the global wireless handset market reached total revenues of approximately $95.8 billion in 2009, representing a compound annual growth rate ("CAGR
9 99.9 11.3% 2014 155.3 111.7 11.8% CAGR: 2009-14 Source: Datamonitor 10.1% DATAMONITOR • Sources: Standard & Poor's Industry Surveys (n, the Datamonitor Group, and information provided by management. CONFIDENTIAL I WTAS LLC 13 EFTA00307408 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20
ss handset sector consists of both analog and digital handsets, and is estimated to be the world's largest consumer electronic market. According to Datamonitor, the global wireless handset market reached total revenues of approximately $95.8 billion in 2009, representing a compound annual growth rate ("CAGR
9 99.9 11.3% 2014 155.3 111.7 11.8% CAGR: 2009-14 Source: Datamonitor 10.1% DATAMONITOR • Sources: Standard & Poor's Industry Surveys (n, the Datamonitor Group, and information provided by management. CONFIDENTIAL I WTAS LLC 13 EFTA00307307 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20
ss handset sector consists of both analog and digital handsets, and is estimated to be the world's largest consumer electronic market. According to Datamonitor, the global wireless handset market reached total revenues of approximately $95.8 billion in 2009, representing a compound annual growth rate ("CAGR
9 99.9 11.3% 2014 155.3 111.7 11.8% CAGR: 2009-14 Source: Datamonitor 10.1% DATAMONITOR • Sources: Standard & Poor's Industry Surveys (n, the Datamonitor Group, and information provided by management. CONFIDENTIAL I WTAS LLC 13 EFTA00307206 WTAS ALIPHCOM - COMMON EQUITY VALUATION REPORT As of June 20
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