Sprint Newsroom: Sprint and SoftBank Announce Completion of State Regulatory Review of Proposed Transaction

Sprint Nextel Corporation has posted the following release to its Newsroom website:

Sprint and SoftBank Announce Completion of State Regulatory Review of Proposed Transaction

OVERLAND PARK, Kan. & TOKYO (BUSINESS WIRE), May 23, 2013 - Sprint (NYSE:S) and SoftBank (TSE: 9984) announced today that the companies have received all necessary state regulatory approvals for their proposed transaction. This morning, the California Public Utilities Commission voted to approve the transaction, providing the final state approval needed for the transaction. The state applications were filed before a total of 23 states and the District of Columbia, beginning in November, 2012.

The companies continue to work closely with officials at the Federal Communications Commission and other Federal government agencies reviewing the transaction.

In its review of the transaction, the California Commission found that SoftBank's investment in Sprint will lead to increased competition that "will benefit consumers and the telecommunications marketplace."

The companies remain committed to completing their transaction on the terms previously disclosed. They continue to anticipate closing on July 1, 2013, subject to satisfaction of closing conditions, including receipt of the remaining regulatory approvals.

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.

About SoftBank

SoftBank was established in 1983 by its current Chairman & CEO Masayoshi Son and has based its business growth on the Internet. It is currently engaged in various businesses in the information industry, including mobile communications, broadband services, fixed-line telecommunications, and portal services.

Cautionary Statement Regarding Forward Looking Statements

This document includes "forward-looking statements" within the meaning of the securities laws. The words "may," "could," "should," "estimate," "project," "forecast," "intend," "expect," "anticipate," "believe," "target," "plan," "providing guidance" and similar expressions are intended to identify information that is not historical in nature.

This document contains forward-looking statements relating to the proposed transactions between Sprint Nextel Corporation ("Sprint") and SoftBank Corp. ("SoftBank") and its group companies, including Starburst II, Inc. ("Starburst II"), and the proposed acquisition by Sprint of Clearwire Corporation ("Clearwire"). All statements, other than historical facts, including, but not limited to: statements regarding the expected timing of the closing of the transactions; the ability of the parties to complete the transactions considering the various closing conditions; the expected benefits of the transactions such as improved operations, enhanced revenues and cash flow, growth potential, market profile and financial strength; the competitive ability and position of SoftBank or Sprint; and any assumptions underlying any of the foregoing, are forward-looking statements. Such statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. You should not place undue reliance on such statements. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, that (1) there may be a material adverse change of SoftBank; (2) the proposed financing may involve unexpected costs, liabilities or delays or may not be completed on terms acceptable to SoftBank, if at all; and (3) other factors as detailed from time to time in Sprint's, Starburst II's and Clearwire's filings with the Securities and Exchange Commission ("SEC"), including Sprint's and Clearwire's Annual Reports on Form 10-K for the year ended December 31, 2012, and other factors that are set forth in the proxy statement/prospectus contained in Starburst II's Registration Statement on Form S-4, which was declared effective by the SEC on May 1, 2013, and in other materials that will be filed by Sprint, Starburst II and Clearwire in connection with the transactions, which will be available on the SEC's web site (www.sec.gov). There can be no assurance that the transactions will be completed, or if completed, that such transactions will close within the anticipated time period or that the expected benefits of such transactions will be realized.

All forward-looking statements contained in this document and the documents referenced herein are made only as of the date of the document in which they are contained, and none of Sprint, SoftBank or Starburst II undertakes any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

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Sprint Newsroom: Sprint’s Relief Efforts for Oklahoma Residents, Customers and First Responders Continue Following Recent Tornado

Sprint Nextel Corporation has posted the following release to its Newsroom website:

Sprint's Relief Efforts for Oklahoma Residents, Customers and First Responders Continue Following Recent Tornado

OVERLAND PARK, Kan. (BUSINESS WIRE), May 22, 2013 - Sprint (NYSE:S) is actively assisting residents, customers, Oklahoma first responders and emergency medical personnel, and relief organizations as response efforts continue following the impacts from Monday's catastrophic tornado and storm.

The Sprint Emergency Response Team (ERT) has been on-the-ground in Moore, Okla. since shortly after the tornado struck providing local responders and officials with mobile devices, as well as reliable wireless voice and secure IP data communications through the use of its Satellite Cell on Light Trucks (SatCOLTs).

Additionally, as a member of the American Red Cross Annual Disaster Giving Program, Sprint contributes in excess of $500,000 annually to help the Red Cross to be prepared before disaster strikes. This allows the Red Cross to direct our donation to where it is most needed. Sprint has joined a long list of companies across the nation in providing an annual gift that helps Red Cross secure a reliable funding base for disaster relief services that enables the Red Cross to respond immediately, meeting the needs of individuals and families affected by disaster anywhere in the United States, regardless of cost.

Sprint's direct and in-kind relief for impacted Oklahoma residents and customers

As part of its Annual Feed the Need Food Drive last week, Sprint's Kansas City area employees prepared and packaged more than 11,600 lunches using donations and supplies from Sprint employees and the Sprint Foundation. These lunches which are typically donated to the Harvesters Community Food Network for delivery to local families and children, are being redirected to Oklahoma relief efforts. Harvesters is sending all of these Sprint donated and prepared lunches to Moore where they will be used to feed first responders and displaced families.

In addition to receiving a waiver in overage fees for voice, data and text services, impacted Sprint customers will receive 50-percent discounts on select charging accessories at the following Sprint retail stores:

• 140 S. Midwest Blvd., Midwest City, Okla. 73110
• 7500 S. Santa Fe Ave., Suite 100, Oklahoma City, Okla. 73139
• 133 Ed Noble Parkway, Norman, Okla. 73072

To serve residents in need of extra fully charged batteries and charging stations, the following locations will be served by Sprint staff and charging resources:

• Sprint Retail Store: 7500 S. Santa Fe Ave., Suite 100, Oklahoma City, Okla. 73139
• Sprint – Fast Wireless Retail Store: 660 S.W. 19th St., Moore, Okla. 73160
• Southgate Baptist Church: 740 SW 4th Street, Moore, Okla. 73160

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.

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Sprint Newsroom Notification: Boost Mobile Combines $1 Phone Days Promotion With Giving Back to Boys & Girls Clubs of America

Sprint Nextel Corporation has posted the following release to its Newsroom website:

The following is new content from Sprint Newsroom:

Boost Mobile Combines $1 Phone Days Promotion With Giving Back to Boys & Girls Clubs of America

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Clearwire's Board of Directors Recommends Stockholders Vote 'FOR' Increased Offer From Sprint

Clearwire's Board of Directors Recommends Stockholders Vote 'FOR' Increased Offer From Sprint Follows Review and Recommendation of Special Committee of the Board Offers Fair, Attractive and Certain Value Special Meeting of Stockholders to Reconvene May 31, 2013 BELLEVUE, Wash., May 22, 2013 (GLOBE NEWSWIRE) -- Clearwire Corporation (Nasdaq:CLWR) ("Clearwire" or the "Company") today announced that its Special Committee of the Board of Directors and its Board of Directors have each approved the revised offer from Sprint (NYSE:S) to acquire the approximately 50 percent stake in the Company it does not currently own for $3.40 per share. The Special Committee of the Board of Directors determined that the revised offer, when compared with other potential transactions reasonably available to the Company at this time, is the most favorable potential transaction to the Company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire Board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals. The Special Meeting of Stockholders will reconvene on Friday, May 31, 2013, at 10:30 a.m. Pacific time at the Highland Community Center, 14224 Bel-Red Road, Bellevue, Wash 98007. The record date for stockholders entitled to vote at the Special Meeting remains April 2, 2013. Evercore Partners is acting as financial advisor and Kirkland & Ellis LLP is acting as counsel to Clearwire. Centerview Partners is acting as financial advisor and Simpson Thacher & Bartlett LLP and Richards, Layton & Finger, P.A. are acting as counsel to Clearwire's Special Committee. Blackstone Advisory Partners L.P. has advised the Company on restructuring matters. Cautionary Statement Regarding Forward-Looking Statements This document includes "forward-looking statements" within the meaning of the securities laws. The words "may," "could," "should," "estimate," "project," "forecast," "intend," "expect," "anticipate," "believe," "target," "plan," "providing guidance" and similar expressions are intended to identify information that is not historical in nature. This document contains forward-looking statements relating to the proposed merger and related transactions (the "transaction") between Sprint and Clearwire. All statements, other than historical facts, including statements regarding the expected timing of the closing of the transaction; the ability of the parties to complete the transaction considering the various closing conditions; the expected benefits and efficiencies of the transaction; the competitive ability and position of Sprint and Clearwire; and any assumptions underlying any of the foregoing, are forward- looking statements. Such statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. You should not place undue reliance on such statements. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, any conditions imposed in connection with the transaction, approval of the transaction by Clearwire stockholders, the satisfaction of various other conditions to the closing of the transaction contemplated by the merger agreement, and other factors discussed in Clearwire's and Sprint's Annual Reports on Form 10- K for their respective fiscal years ended December 31, 2012, their other respective filings with the U.S. Securities and Exchange Commission (the "SEC") and the proxy statement and other materials that have been or will be filed with the SEC by Clearwire in connection with the transaction. There can be no assurance that the transaction will be completed, or if it is completed, that it will close within the anticipated time period or that the expected benefits of the transaction will be realized. Clearwire does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Additional Information and Where to Find It In connection with the transaction, Clearwire has filed a Rule 13e-3 Transaction Statement and a definitive proxy statement with the SEC. The definitive proxy statement has been mailed to the Clearwire's stockholders. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT CLEARWIRE AND THE TRANSACTION. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC at the SEC's web site at www.sec.gov. In addition, the documents filed by Clearwire with the SEC may be obtained free of charge by contacting Clearwire at Clearwire, Attn: Investor Relations, (425) 505-6494. Clearwire's filings with the SEC are also available on its website at www.clearwire.com. Participants in the Solicitation Clearwire and its officers and directors and Sprint and its officers and directors may be deemed to be participants in the solicitation of proxies from Clearwire stockholders with respect to the transaction. Information about Clearwire officers and directors and their ownership of Clearwire common shares is set forth in the definitive proxy statement for Clearwire's Special Meeting of Stockholders, which was filed with the SEC on April 23, 2013. Information about Sprint officers and directors is set forth in Sprint's Annual Report on Form 10-K for the year ended December 31, 2012, which was filed with the SEC on February 28, 2013. Investors and security holders may obtain more detailed information regarding the direct and indirect interests of the participants in the solicitation of proxies in connection with the transaction by reading the definitive proxy statement regarding the transaction, which was filed by Clearwire with the SEC. CONTACT: Media Contacts: Susan Johnston, (425) 505-6178 susan.johnston@clearwire.com JLM Partners for Clearwire Mike DiGioia or Jeremy Pemble, (206) 381-3600 mike@jlmpartners.com or jeremy@jlmpartners.com Investor Contacts: Alice Ryder, (425) 505-6494 alice.ryder@clearwire.com MacKenzie Partners for Clearwire Dan Burch or Laurie Connell, (212) 929-5500 dburch@mackenziepartners.com or lconnell@mackenziepartners.com

You are subscribed to Clearwire Corporation Investor Relations' e-mail alerts as haridh.mobilebroadband@blogger.com. To update your e-mail and alert preferences, please click here. To unsubscribe, please click here. Clearwire Corporation 4400 CARILLON PT , Kirkland, WA 98033-7353 Service provided by Shareholder.com

Sprint Newsroom: Sprint to Waive Voice, Data and Text Messaging Overage Charges for Oklahoma Residents Affected by Recent Tornado

Sprint Nextel Corporation has posted the following release to its Newsroom website:

Sprint to Waive Voice, Data and Text Messaging Overage Charges for Oklahoma Residents Affected by Recent Tornado

OVERLAND PARK, Kan. (BUSINESS WIRE), May 21, 2013 - As residents and businesses in the surrounding areas of Oklahoma City recover from the damage and devastation caused by yesterday's tornado, Sprint (NYSE:S) is proactively waiving overage charges for voice, text and data for Sprint services between now and June 30, 2013. Impacted customers utilizing Virgin Mobile including payLo by Virgin Mobile or Boost Mobile, Sprint's prepaid brands, will be provided with a usage credit.

"Sprint is deeply saddened by the destruction caused by yesterday's tornado in Oklahoma and praying for the residents and victims as they recover and rebuild," said Bill White, senior vice president-Corporate Communications and Corporate Social Responsibility. "We hope that our prayers and the support we're offering our customers and first responders will greatly aid the residents of Oklahoma in the days and weeks to come."

As first responders, public safety officials, and emergency medical personnel continue their response efforts in the area, the Sprint Emergency Response Team (ERT) is deploying staff, hundreds of mobile devices, and Satellite Cell on Light Trucks (SatCOLTS) to Oklahoma to coordinate interoperable wireless voice and IP data communications needs between the various state and local agencies.

Created in 2002 and first of its kind in the industry, the Sprint ERT is a cross-functional group of full-time and seasoned personnel that is also supported year-round and nationwide by an ERT Reservist program. Sprint ERT staff and their 1,100-plus ERT Reservists are trained annually on all aspects of Incident Command System (ICS), National Incident Management System (NIMS), Emergency Operation Center (EOC) staffing and management, and disaster response.

Sprint ERT maintains a 24-hour hotline, 365 days a year to rapidly address client needs round the clock. Public safety officials seeking information about services from the Sprint Emergency Response Team should call 1-888-639-0020 or email ERTRequests@sprint.com.

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.

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Clearwire Special Meeting of Stockholders Rescheduled for May 31, 2013

Clearwire Special Meeting of Stockholders Rescheduled for May 31, 2013 BELLEVUE, Wash., May 21, 2013 (GLOBE NEWSWIRE) -- Clearwire Corporation (NASDAQ: CLWR) ("Clearwire" or the "Company") today announced that it has rescheduled the date of its upcoming Special Meeting of Stockholders, which will now be held on Friday, May 31, 2013, at 10:30 a.m. Pacific time at the Highland Community Center, 14224 Bel-Red Road, Bellevue, Wash 98007.   The record date for stockholders entitled to vote at the Special Meeting, and at any further adjournment or postponement of the meeting, remains April 2, 2013. Cautionary Statement Regarding Forward-Looking Statements This document includes "forward-looking statements" within the meaning of the securities laws. The words "may," "could," "should," "estimate," "project," "forecast," "intend," "expect," "anticipate," "believe," "target," "plan," "providing guidance" and similar expressions are intended to identify information that is not historical in nature. This document contains forward-looking statements relating to the proposed merger and related transactions (the "transaction") between Sprint and Clearwire. All statements, other than historical facts, including statements regarding the expected timing of the closing of the transaction; the ability of the parties to complete the transaction considering the various closing conditions; the expected benefits and efficiencies of the transaction; the competitive ability and position of Sprint and Clearwire; and any assumptions underlying any of the foregoing, are forward- looking statements. Such statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. You should not place undue reliance on such statements. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, any conditions imposed in connection with the transaction, approval of the transaction by Clearwire stockholders, the satisfaction of various other conditions to the closing of the transaction contemplated by the merger agreement, and other factors discussed in Clearwire's and Sprint's Annual Reports on Form 10- K for their respective fiscal years ended December 31, 2012, their other respective filings with the U.S. Securities and Exchange Commission (the "SEC") and the proxy statement and other materials that have been or will be filed with the SEC by Clearwire in connection with the transaction. There can be no assurance that the transaction will be completed, or if it is completed, that it will close within the anticipated time period or that the expected benefits of the transaction will be realized. Clearwire does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Additional Information and Where to Find It In connection with the transaction, Clearwire has filed a Rule 13e-3 Transaction Statement and a definitive proxy statement with the SEC. The definitive proxy statement has been mailed to the Clearwire's stockholders. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT CLEARWIRE AND THE TRANSACTION. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC at the SEC's web site at www.sec.gov. In addition, the documents filed by Clearwire with the SEC may be obtained free of charge by contacting Clearwire at Clearwire, Attn: Investor Relations, (425) 505-6494. Clearwire's filings with the SEC are also available on its website at www.clearwire.com. Participants in the Solicitation Clearwire and its officers and directors and Sprint and its officers and directors may be deemed to be participants in the solicitation of proxies from Clearwire stockholders with respect to the transaction. Information about Clearwire officers and directors and their ownership of Clearwire common shares is set forth in the definitive proxy statement for Clearwire's Special Meeting of Stockholders, which was filed with the SEC on April 23, 2013. Information about Sprint officers and directors is set forth in Sprint's Annual Report on Form 10-K for the year ended December 31, 2012, which was filed with the SEC on February 28, 2013. Investors and security holders may obtain more detailed information regarding the direct and indirect interests of the participants in the solicitation of proxies in connection with the transaction by reading the definitive proxy statement regarding the transaction, which was filed by Clearwire with the SEC. CONTACT: Media Contacts: Susan Johnston, (425) 505-6178 susan.johnston@clearwire.com JLM Partners for Clearwire Mike DiGioia or Jeremy Pemble, (206) 381-3600 mike@jlmpartners.com or jeremy@jlmpartners.com Investor Contacts: Alice Ryder, (425) 505-6494 alice.ryder@clearwire.com MacKenzie Partners for Clearwire Dan Burch or Laurie Connell, (212) 929-5500 dburch@mackenziepartners.com or lconnell@mackenziepartners.com

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Sprint Newsroom: Tri-Band 4G LTE Mobile Broadband Devices to Bring Sprint Customers Stronger In-Building Coverage and Better Network Performance

Sprint Nextel Corporation has posted the following release to its Newsroom website:

Tri-Band 4G LTE Mobile Broadband Devices to Bring Sprint Customers Stronger In-Building Coverage and Better Network Performance

LAS VEGAS (BUSINESS WIRE), May 21, 2013 - Sprint (NYSE:S) today announced the planned summer launch of a trio of mobile broadband devices that will take advantage of three bands of 4G LTE wireless spectrum available to Sprint's network. These devices are expected to bring customers improved network performance and stronger in-building coverage as LTE is deployed on each of these bands. With the ability to leverage Sprint's 4G LTE network at 1.9GHz and 800MHz as well as Clearwire's LTE network at 2.5GHz, these new devices offer Sprint customers ideal solutions to easily stay connected on the go.

The first tri-band Sprint 4G LTE-capable mobile broadband devices will be the sleek MiFi^® 500 LTE by Novatel Wireless™, international-capable NETGEAR^® Zing Mobile Hotspot™ and the plug-in NETGEAR^® 341U USB Modem. Pricing and exact availability dates for the three devices will be provided at a later date.

The three bands of spectrum accessible on these devices will provide Sprint customers a high-quality, consistently fast 4G LTE network experience, whether they are sitting at their desks, catching up with friends at a coffee shop, or riding in a cab in a crowded city:

• The 800MHz spectrum that is being added to Sprint's LTE network beginning later this year excels at in-building coverage. This spectrum is able to be repurposed for LTE as Sprint ceases operations of the Nextel National Network on June 30, 2013.
• Using 1.9GHz spectrum as its primary band for 4G nationwide coverage, Sprint is making substantial progress with deployment of its new 4G LTE network. Sprint now offers service in 88 markets nationwide, including Los Angeles, Charlotte, Boston and Dallas. Average performance is in the range of six to eight MB per second for downlink and two to three MB per second or higher for uplink. Many Sprint customers are discovering Sprint 4G LTE in cities that haven't yet officially been announced, including Washington, D.C., New York and San Francisco. Sprint has announced more than 170 additional markets where LTE will be available in the coming months.
• Clearwire's 2.5GHz spectrum for its LTE network, which excels at broad-based, high speed coverage, is expected to provide Sprint customers with increased speeds and capacity in densely populated cities.

The launch of devices that can operate on three spectrum bands is another milestone in Sprint's rollout of Network Vision. Network Vision represents a nationwide update of the Sprint network using the newest, most-advanced equipment in the industry. Sprint plans to consolidate multiple network technologies into one seamless network with the goal of enhancing network coverage, improving call quality and increasing data speeds for customers. It will also offer financial benefits for Sprint shareholders.

"We are very pleased to reach another Network Vision milestone today as we continue to be on schedule to deliver a world-class LTE network experience for our customers," said Steve Elfman, president of Network Operations and Wholesale. "These three devices from our partners at Novatel and NETGEAR provide a clear look at the benefits of consolidating networks and making the best use of our spectrum assets. Best of all, these new mobile broadband devices bring our customers innovative features, including touchscreens and international capability."

Updated MiFi Packs In Features

Novatel Wireless, inventor of the mobile hotspot category, has updated its award-winning MiFi hotspot with the MiFi 500 LTE, adding connectivity to Sprint's LTE network as well as 3G CDMA. Offering sleek and compact styling, MiFi 500 LTE makes it easy for families, students or work teams of up to 10 to wirelessly stay connected with the same 3G or 4G LTE connection.

This convenient mobile broadband device requires no software to install and offers advanced on-device security features to keep data and wireless service protected. An easy-to-use, on-device menu and intuitive navigation keys puts important information, such as battery status, signal strength and connected devices, at the user's fingertips. The web interface provides additional information including data usage and power management options.

MiFi 500 LTE offers a powerful 1,800mAh battery with an average of up to 10 hours of use on a single charge. It also features GPS functionality over Wi-Fi, multiple security protocols and other advanced features required by many corporate customers.

International Sprint LTE Hotspot

Sierra Wireless' AirCard^® mobile broadband devices, including mobile hotspots, USB modems, associated accessories and software, are now part of the NETGEAR^® family. Thinner than a hockey puck, NETGEAR Zing Mobile Hotspot is Sprint's first CDMA/LTE mobile hotspot to boast international roaming capabilities via GSM. It is also Sprint's first LCD touchscreen hotspot and first hotspot with both the device and packaging meeting Sprint's stringent environmental specifications.

NETGEAR Zing makes it easy to get work started quickly with access to the Sprint 3G or 4G LTE networks within seconds and real-time access to company resources, networks and data. The entire family can stay entertained on the go with high speed data for up to 10 users on Wi-Fi capable devices, such as laptops, eReaders, gaming devices, music players and tablets.

With a 2,500mAh battery, NETGEAR Zing allows users to remain connected for up to 10 hours of typical use. Users of the device can also manage connections and change network or device settings directly from the touchscreen. Additional settings are accessible through the web user interface.

First Tri-Band LTE USB Plug-In Modem

For those who prefer a plug-in option, NETGEAR 341U USB Modem will be Sprint's first tri-band LTE-capable USB modem. This small yet powerful device features a built-in LCD screen display to monitor connection status, signal strength and data usage with a quick glance.

With no software to install or start-up delay, NETGEAR 341U USB Modem makes it easy to get work done on the go. Download large presentations, stream video, and keep up with email without having to hunt for a public Wi-Fi network anywhere within Sprint's expanding 4G LTE or nationwide 3G footprints. Best of all, it provides flexibility for mobile workers who want to configure security and network access to keep their data safe.

Smartphones from Samsung and LG with tri-band capability are expected to be available to Sprint customers before the end of the year.

For the most up-to-date details on Sprint's 4G LTE portfolio and rollout, visit www.sprint.com/network. For detailed 4G LTE maps, visit www.sprint.com/coverage. Customers are encouraged to check back often because the maps will be updated whenever coverage is enhanced.

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 No. 1 among all national carriers in customer satisfaction and most improved, across all 47 industries, during the last four 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.

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Sprint Newsroom Notification: Boost Mobile and Virgin Mobile USA Each Strengthen Their 4G LTE Lineups With Award-Winning Samsung Galaxy S III in June

Sprint Nextel Corporation has posted the following release to its Newsroom website:

The following is new content from Sprint Newsroom:

Boost Mobile and Virgin Mobile USA Each Strengthen Their 4G LTE Lineups With Award-Winning Samsung Galaxy S III in June

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Sprint Newsroom Notification: Waterproof Kyocera Hydro Edge Splashes into Sprint and Boost Mobile this Summer

Sprint Nextel Corporation has posted the following release to its Newsroom website:

The following is new content from Sprint Newsroom:

Waterproof Kyocera Hydro Edge Splashes into Sprint and Boost Mobile this Summer

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Sprint Newsroom Notification: Boost Mobile Customers No Longer Need to Carry Cash with Launch of Boost Mobile Wallet

Sprint Nextel Corporation has posted the following release to its Newsroom website:

The following is new content from Sprint Newsroom:

Boost Mobile Customers No Longer Need to Carry Cash with Launch of Boost Mobile Wallet

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Sprint Newsroom: Sprint Most Improved Company in Customer Satisfaction Among All U.S. Industries

Sprint Nextel Corporation has posted the following release to its Newsroom website:

Sprint Most Improved Company in Customer Satisfaction Among All U.S. Industries

OVERLAND PARK, Kan. (BUSINESS WIRE), May 21, 2013 - Sprint (NYSE: S) is the most improved company in customer satisfaction, across all 47 industries studied, during the last five years, according to results from the 2013 American Customer Satisfaction Index.

Released today, the ACSI survey also ranks Sprint No. 1 in delivering the best value among national wireless carriers. Among the study's customer experience benchmarks, Sprint also ranks highest in bill rating and data plan choice.

"To be recognized as the most improved U.S. company, period, during the last five years in the ACSI survey is validation that our relentless quest to provide the best customer experience is being noticed," said Dan Hesse, Sprint CEO.

In addition to ACSI, other independent third-parties have also recognized Sprint in customer service:

• In February, J.D. Power and Associates ranked Sprint Highest in Satisfaction with the Purchase Experience among Full-Service Wireless Providers for the fourth consecutive time.
• Also in February, Boost Mobile was ranked highest among non-contract providers in the same J.D. Power and Associates study.
• In March, ATLANTIC-ACM gave Sprint U.S. Long-Haul Wholesale Carrier Excellence awards for Customer Service, Network Performance, Brand and Voice Quality.

The American Customer Satisfaction Index is a national economic indicator of customer evaluations of the quality of products and services available to household consumers in the United States. The overall ACSI score factors in scores from more than 225 companies in 47 industries and from government agencies during the previous four quarters. The Index was founded at the University of Michigan's Ross School of Business and is produced by ACSI LLC. ACSI can be found on the Web at www.theacsi.org.

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.

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Clearwire Receives Increased Offer from Sprint

Clearwire Receives Increased Offer from Sprint Clearwire Plans to Adjourn Special Meeting of Stockholders; Reschedules Meeting for May 30, 2013 Bellevue, Wash., May 21, 2013 (GLOBE NEWSWIRE) -- Clearwire Corporation (NASDAQ: CLWR) ("Clearwire" or the "Company") today confirmed that it has received a revised offer from Sprint (NYSE:S) to acquire the approximately 50 percent stake in the Company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire Board of Directors will review this revised proposal from Sprint.  In light of the revised offer, and pursuant to the discretionary authority granted to the chairman of the meeting by Clearwire's bylaws, Clearwire plans to adjourn its Special Meeting of Stockholders, which is scheduled to be held at 10:30 a.m. Pacific time on Tuesday, May 21, 2013, without conducting any business. The Special Meeting of Stockholders will reconvene on Thursday, May 30, 2013, at 9:30 a.m. Pacific time at the Highland Community Center, 14224 Bel-Red Road, Bellevue, Wash 98007. The record date for stockholders entitled to vote at the Special Meeting, and at any further adjournment or postponement of the meeting, remains April 2, 2013. Evercore Partners is acting as financial advisor and Kirkland & Ellis LLP is acting as counsel to Clearwire. Centerview Partners is acting as financial advisor and Simpson Thacher & Bartlett LLP and Richards, Layton & Finger, P.A. is acting as counsel to Clearwire's Special Committee. Cautionary Statement Regarding Forward-Looking Statements This document includes "forward-looking statements" within the meaning of the securities laws. The words "may," "could," "should," "estimate," "project," "forecast," "intend," "expect," "anticipate," "believe," "target," "plan," "providing guidance" and similar expressions are intended to identify information that is not historical in nature. This document contains forward-looking statements relating to the proposed merger and related transactions (the "transaction") between Sprint and Clearwire. All statements, other than historical facts, including statements regarding the expected timing of the closing of the transaction; the ability of the parties to complete the transaction considering the various closing conditions; the expected benefits and efficiencies of the transaction; the competitive ability and position of Sprint and Clearwire; and any assumptions underlying any of the foregoing, are forward- looking statements. Such statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. You should not place undue reliance on such statements. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, any conditions imposed in connection with the transaction, approval of the transaction by Clearwire stockholders, the satisfaction of various other conditions to the closing of the transaction contemplated by the merger agreement, and other factors discussed in Clearwire's and Sprint's Annual Reports on Form 10- K for their respective fiscal years ended December 31, 2012, their other respective filings with the U.S. Securities and Exchange Commission (the "SEC") and the proxy statement and other materials that have been or will be filed with the SEC by Clearwire in connection with the transaction. There can be no assurance that the transaction will be completed, or if it is completed, that it will close within the anticipated time period or that the expected benefits of the transaction will be realized. Clearwire does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Additional Information and Where to Find It In connection with the transaction, Clearwire has filed a Rule 13e-3 Transaction Statement and a definitive proxy statement with the SEC. The definitive proxy statement has been mailed to the Clearwire's stockholders. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT CLEARWIRE AND THE TRANSACTION. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC at the SEC's web site at www.sec.gov. In addition, the documents filed by Clearwire with the SEC may be obtained free of charge by contacting Clearwire at Clearwire, Attn: Investor Relations, (425) 505-6494. Clearwire's filings with the SEC are also available on its website at www.clearwire.com. Participants in the Solicitation Clearwire and its officers and directors and Sprint and its officers and directors may be deemed to be participants in the solicitation of proxies from Clearwire stockholders with respect to the transaction. Information about Clearwire officers and directors and their ownership of Clearwire common shares is set forth in the definitive proxy statement for Clearwire's Special Meeting of Stockholders, which was filed with the SEC on April 23, 2013. Information about Sprint officers and directors is set forth in Sprint's Annual Report on Form 10-K for the year ended December 31, 2012, which was filed with the SEC on February 28, 2013. Investors and security holders may obtain more detailed information regarding the direct and indirect interests of the participants in the solicitation of proxies in connection with the transaction by reading the definitive proxy statement regarding the transaction, which was filed by Clearwire with the SEC. CONTACT: Media Contacts: Susan Johnston, (425) 505-6178 susan.johnston@clearwire.com JLM Partners for Clearwire Mike DiGioia or Jeremy Pemble, (206) 381-3600 mike@jlmpartners.com or jeremy@jlmpartners.com Investor Contacts: Alice Ryder, (425) 505-6494 alice.ryder@clearwire.com MacKenzie Partners for Clearwire Dan Burch or Laurie Connell, (212) 929-5500 dburch@mackenziepartners.com or lconnell@mackenziepartners.com

You are subscribed to Clearwire Corporation Investor Relations' e-mail alerts as haridh.mobilebroadband@blogger.com. To update your e-mail and alert preferences, please click here. To unsubscribe, please click here. Clearwire Corporation 4400 CARILLON PT , Kirkland, WA 98033-7353 Service provided by Shareholder.com

Sprint Newsroom: Sprint Submits Increased Offer for Clearwire

Sprint Nextel Corporation has posted the following release to its Newsroom website:

Sprint Submits Increased Offer for Clearwire

OVERLAND PARK, Kan. (BUSINESS WIRE), May 21, 2013 - Sprint (NYSE:S) today announced that it has submitted an increased offer to the Board of Directors of Clearwire (NASDAQ: CLWR) to acquire the approximately 50 percent stake in the company it does not currently own for $3.40 per share, valuing Clearwire at $10.7 billion. This increased offer represents a 14 percent premium to Sprint's previous offer of $2.97 announced on Dec. 17, 2012 and a 162 percent premium to Clearwire's closing share price the day before the Sprint-SoftBank discussions were first confirmed in the marketplace on Oct. 11, 2012 when Clearwire was also speculated to be a part of that transaction. The offer represents Sprint's best and final offer.

The revised offer demonstrates Sprint's commitment to closing the Clearwire transaction and improving its competitive position in the U.S. wireless industry. Sprint is uniquely positioned to leverage Clearwire's 2.5 GHz spectrum assets. Sprint's Network Vision architecture should allow for better strategic alignment and the full utilization and integration of Clearwire's complementary 2.5 GHz spectrum assets, while achieving operational efficiencies and improved service for customers as the spectrum and network is migrated to 4G LTE standards.

The revised offer has been submitted to the Clearwire Board of Directors and is subject to its formal approval. Clearwire's Special Committee and Board have repeatedly cited the merger as the best strategic alternative for the company and its minority stockholders. In addition, Clearwire has received commitments from Comcast Corp., Intel Corp and Bright House Networks LLC, who collectively own approximately 26 percent of Clearwire's shares not affiliated with Sprint, to vote their shares in support of the transaction.

Sprint's proposal provides a clear path forward for Clearwire and the merger provides attractive value for shareholders of both companies.

Upon approval by the Clearwire Board of Directors, the transaction is subject to customary closing conditions, including regulatory approvals and the approval of Clearwire's stockholders, including the approval of a majority of Clearwire stockholders not affiliated with Sprint or SoftBank. SoftBank has consented to the increased offer to acquire the remaining stake of 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 No. 1 among all national carriers in customer satisfaction and most improved, across all 47 industries, during the last four 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.

Cautionary Statement Regarding Forward-Looking Statements

This document includes "forward-looking statements" within the meaning of the securities laws. The words "may," "could," "should," "estimate," "project," "forecast," intend," "expect," "anticipate," "believe," "target," "plan," "providing guidance" and similar expressions are intended to identify information that is not historical in nature. This document contains forward-looking statements relating to the proposed Merger between Sprint and Clearwire pursuant to the Merger Agreement and the related transactions (collectively, the "transaction"). All statements, other than historical facts, including statements regarding the expected timing of the closing of the transaction; the ability of the parties to complete the transaction considering the various closing conditions; the expected benefits and synergies of the transaction; the competitive ability and position of Sprint and Clearwire; and any assumptions underlying any of the foregoing, are forward-looking statements. Such statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. You should not place undue reliance on such statements. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (i) any conditions imposed in connection with the transaction, (ii) approval of the transaction by Clearwire stockholders, (iii) the satisfaction of various other conditions to the closing of the transaction contemplated by the Merger Agreement, (iv) legal proceedings that may be initiated related to the transaction, and (v) other factors discussed in Clearwire's and Sprint's Annual Reports on Form 10-K for their respective fiscal years ended December 31, 2012, their other respective filings with the U.S. Securities and Exchange Commission (the "SEC") and the proxy statement and other materials that have been or will be filed with the SEC by Clearwire in connection with the transaction. There can be no assurance that the transaction will be completed, or if it is completed, that it will close within the anticipated time period or that the expected benefits of the transaction will be realized. None of Sprint, Clearwire or Collie Acquisition Corp. undertakes any obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

Additional Information and Where to Find It

In connection with the transaction, Sprint and Clearwire have filed a Rule 13e-3 Transaction Statement and Clearwire has filed a definitive proxy statement with the SEC. The definitive proxy statement has been mailed to the Clearwire's stockholders. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT MATERIALS BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT CLEARWIRE AND THE TRANSACTION. Investors and security holders may obtain free copies of these documents and other documents filed with the SEC at the SEC's web site at www.sec.gov. In addition, the documents filed by Clearwire with the SEC may be obtained free of charge by contacting Clearwire at Clearwire, Attn: Investor Relations, (425) 505-6494. Clearwire's filings with the SEC are also available on its website at www.clearwire.com.

Participants in the Solicitation

Clearwire and its officers and directors and Sprint and its officers and directors may be deemed to be participants in the solicitation of proxies from Clearwire stockholders with respect to the transaction. Information about Clearwire officers and directors and their ownership of Clearwire common shares is set forth in the definitive proxy statement for Clearwire's Special Meeting of Stockholders, which was filed with the SEC on April 23, 2013. Information about Sprint's officers and directors is set forth in Sprint's Annual Report on Form 10-K for the year ended December 31, 2012, which was filed with the SEC on February 28, 2013. Investors and security holders may obtain more detailed information regarding the direct and indirect interests of the participants in the solicitation of proxies in connection with the transaction by reading the definitive proxy statements regarding the transaction, which was filed by Clearwire with the SEC.

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