2016 Belmont Trading Company Case Study LATAM Mobile Device Trade-In Program© 2016 Belmont Trading Co., Inc. All rights reserved. Case Study: Latin American Mobile Device Trade-In Program 2 Client • Leading LATAM mobile network operator • Diversified service portfolio includes mobile phones, cable TV , broadband, mobile payments • Operates online eCommerce site and a network of retail stores Integrated Solution • Belmont partnered with client and in-store processor to develop end-to-end trade-in program • Belmont manages all out-of-store logistics, leveraging Colombia facility for device collection & processing, Dubai and Hong Kong facilities for international remarketing, U.S. facility for recycling devices that can’t be remarketed Client Situation Sought partner to run online an

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