Market Overview

Sprint Issues Statement in Response to Clearwire Board Recommendation

OVERLAND PARK, Kan.--(BUSINESS WIRE)--

Sprint (NYSE: S) today issued the following statement in response to Clearwire (NASDAQ: CLWR) board of directors' recommendation of the DISH tender offer.

“Sprint is evaluating today's statement from Clearwire's Board and will review any corresponding filings before determining its next steps. Sprint continues to have every intention of enforcing its governance rights. All commercial agreements, including network and customer agreements, will be honored and enforced as it regards our ongoing relationship with Clearwire.”

About Sprint Nextel

Sprint Nextel offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint Nextel served more than 55 million customers at the end of the first quarter of 2013 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; offering industry-leading mobile data services, leading prepaid brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. The American Customer Satisfaction Index rated Sprint as the most improved company in customer satisfaction, across all 47 industries, during the last five years. Newsweek ranked Sprint No. 3 in both its 2011 and 2012 Green Rankings, listing it as one of the nation's greenest companies, the highest of any telecommunications company. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.

Sprint
Media Contacts:
Doug Duvall, 571-287-8153
douglas.duvall@sprint.com
or
John Taylor, 703-592-8530
john.b.taylor@sprint.com
or
Investor Contact:
Brad Hampton, 800-259-3755
investor.relations@sprint.com

 

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