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Mobile

Monet gets investment

Qualcomm and LG Electronics are among the companies that have invested $32 million into Seattle-based Monet Mobile Network, a small wireless telephone service company. In October, Monet began offering service from a next-generation, high-speed phone network it built in Sioux Falls, S.D. Monet plans to expand into additional markets, including Minnesota, the company said Wednesday.

Qualcomm and LG Electronics are among the companies that have invested $32 million into Seattle-based Monet Mobile Network, a small wireless telephone service company. In October, Monet began offering service from a next-generation, high-speed phone network it built in Sioux Falls, S.D.

Monet plans to expand into additional markets, including Minnesota, the company said Wednesday.