We investigate a model of a U(1)-Higgs theory on the lattice with compact gauge fields but completely suppressed (elementary) monopoles. We study the model at two values of the quartic Higgs self-coupling, a strong coupling, , and a weak coupling, . We map out the phase diagrams and find that the monopole suppression eliminated the confined phase of the standard lattice model at strong gauge coupling. We perform a detailed analysis of the static potential and study the mass spectrum in the Coulomb and Higgs phases for three values of the gauge coupling. We also probe the existence of a scalar bosonium to the extent that our data allow and conclude that further investigations are required in the Coulomb phase.

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