Clearwire's Special Committee to Review Unsolicited Tender Offer from DISH

Clearwire's Special Committee to Review Unsolicited Tender Offer from DISH Company Plans to Adjourn Special Meeting of Stockholders; Rescheduled Meeting to be Held June 13, 2013 BELLEVUE, Wash., May 30, 2013 (GLOBE NEWSWIRE) -- Clearwire Corporation (NASDAQ: CLWR) ("Clearwire" or the "Company") today acknowledged that DISH Network Corporation (NASDAQ: DISH) ("DISH") has commenced an unsolicited cash tender offer to acquire all outstanding common shares of Clearwire at a price of $4.40 per share. In light of this development, and pursuant to the discretionary authority granted to the chairman of the meeting by Clearwire's bylaws, the Company plans to adjourn its Special Meeting of Stockholders, which is scheduled to be held at 10:30 a.m. Pacific time on Friday, May 31, 2013, without conducting any business. The Special Meeting of Stockholders will reconvene on Thursday, June 13, 2013, at 10:30 a.m.  Pacific time at the Highland Community Center, 14224 Bel-Red Road, Bellevue, Washington, 98007.  The record date for stockholders entitled to vote at the Special Meeting remains April 2, 2013. The Special Committee of Clearwire's board of directors (the "Special Committee") has determined, consistent with its fiduciary duties, that it will engage with DISH to discuss, negotiate and/or provide information in connection with the DISH Proposal.  Consistent with its fiduciary duties and as required by applicable law, the Special Committee, in consultation with its independent financial and legal advisors, will promptly review the offer to determine the course of action that it believes is in the best interests of Clearwire's non-Sprint Class A stockholders.  The Special Committee noted that while the most recent DISH proposal raises issues that need to be discussed with DISH, the proposal appears to be more actionable than DISH's previous proposal, and the Committee intends to issue its recommendation in due course.  The Special Committee has not made any determination to change its recommendation of the current Sprint (NYSE:S) offer to acquire the approximately 50 percent stake in the Company it does not currently own for $3.40 per share. On or before June 12, 2013, Clearwire intends to file with the Securities and Exchange Commission a Solicitation/Recommendation Statement on Schedule 14D-9 stating whether the Clearwire board of directors and the Special Committee recommends acceptance or rejection of DISH's unsolicited tender offer, expresses no opinion and remains neutral toward the tender offer, or is unable to take a position with respect to the tender offer, as well as setting forth the board of directors and the Special Committee's reasons for its position with respect to the tender offer. Clearwire stockholders are urged to defer making any determination with respect to the tender offer until they have been advised of the board of directors and the Special Committee's positions with respect to the tender offer. In connection with the definitive agreement with Sprint, Clearwire and Sprint entered into agreements that provide additional financing to Clearwire in the form of exchangeable notes, which will be exchangeable under certain conditions for Clearwire common stock at $1.50 per share, subject to adjustment under certain conditions (the "Sprint Financing Agreements").  Under the Sprint Financing Agreements, Sprint agreed to purchase, at Clearwire's option, $80 million of exchangeable notes per month for up to 10 months. At the direction of the Special Committee, Clearwire has elected to forego the June $80 million draw.  The Special Committee has not made any determination with respect to any future draws under the Sprint Financing Arrangements. In addition, the Company has announced that it intends to make the interest payments totaling approximately $255 million, which are due June 1, 2013, on its first-priority, second-priority and exchangeable notes. 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. About Clearwire Clearwire Corporation (NASDAQ: CLWR), through its operating subsidiaries, is a leading provider of 4G wireless broadband services offering services in areas of the U.S. where more than 130 million people live. The company holds the deepest portfolio of wireless spectrum available for data services in the U.S. Clearwire serves retail customers through its own CLEAR® brand as well as through wholesale relationships with some of the leading companies in the retail, technology and telecommunications industries, including Sprint and NetZero. The company is constructing a next-generation 4G LTE Advanced-ready network to address the capacity needs of the market, and is also working closely with the Global TDD-LTE Initiative to further the TDD-LTE ecosystem. Clearwire is headquartered in Bellevue, Wash. Additional information is available at http://www.clearwire.com. 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 Joele Frank, Wilkinson Brimmer Katcher for Clearwire Joele Frank or Andy Brimmer, (212) 355-4449 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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Clearwire Says Glass Lewis Reached Wrong Conclusion

Clearwire Says Glass Lewis Reached Wrong Conclusion Company Criticizes Glass Lewis' Analysis as Fundamentally Flawed and Inaccurate Reiterates Recommendation That Stockholders Vote 'FOR' Proposed Transaction With Sprint BELLEVUE, Wash., May 29, 2013 (GLOBE NEWSWIRE) -- Clearwire Corporation (Nasdaq:CLWR) ("Clearwire" or the "Company") today issued a statement in response to the recent Glass, Lewis & Co. ("Glass Lewis") report regarding the proposed Sprint transaction. Clearwire reiterated its recommendation that stockholders vote 'FOR' the proposed transaction. With the vote for Clearwire's proposed merger with Sprint just days away, the Clearwire Board and Special Committee felt compelled to respond to Glass Lewis' recent report, which Clearwire believes was based on superficial analysis, contained numerous inaccuracies, and grossly underestimates the economic realities facing the Company. The report also demonstrates a complete lack of understanding of Clearwire's existing governance structure and erroneously assesses the value of the Company's proposed transaction with Sprint. Specifically: Exhaustive and Independent Strategic Review Process: Contrary to Glass Lewis' assertions and as detailed in the Company's proxy statement relating to the merger with Sprint, Clearwire's board and management, none of whom have any affiliation with Sprint, undertook an extensive, two-year process to explore strategic and financial alternatives. The Clearwire board's Special Committee, comprised of non-Sprint-appointed directors, along with its own independent advisors also carefully examined numerous alternatives to the Sprint proposal, including signing additional wholesale partners, monetizing excess spectrum, and a financial restructuring. It is only after performing a comprehensive review of Clearwire's strategic and financial alternatives that the Special Committee and board of directors have recommended the Sprint merger as the best option for shareholders.     The Myth of the Multi-Customer Case: The 'Multi-Customer Case' (MCC) is dependent on the achievability and timely signing of an agreement with another major wholesale customer. After a comprehensive two-year process in pursuit of the MCC, Clearwire has been unsuccessful at signing another major customer. During this time period, Clearwire contacted more than 100 parties regarding a wholesale partnership, including all of the major U.S. wireless carriers, major cable operators, and the largest satellite operators. Moreover, in the time since the Sprint transaction was announced, no wholesale partnership interest has been indicated by another significant potential customer.    Spectrum Sale and Other Funding Proposals Inadequate: The gross proceeds of spectrum sales proposed by DISH or Verizon would be reduced by the net present value of spectrum leases, taxes, and potential distributions; the remaining amount could not be freely applied to fund operations, as it must be used to acquire replacement assets or repay debt. Furthermore, the company is restricted to selling only excess spectrum, as outlined in its operating agreements. As a result, a spectrum sale at the valuations proposed by DISH and Verizon would not be adequate to address Clearwire's funding gap of at least $2 billion and would not supplant the need for another large wholesale partner. Other funding offers, including those made by Crest Financial, fall far short of the significant capital needs facing Clearwire.   Restrictive Governance Structure: Clearwire's Equityholders' Agreement, which was entered into in November 2008, concurrently with Clearwire's formation, specifies that a change of control or merger requires 75% stockholder approval, which means Clearwire cannot be sold to another party without Sprint's approval. It has been well documented that Sprint is not a willing seller. In conducting its own analysis, the Special Committee accounted for this crucial constraint, while Glass Lewis simply ignores it.  When the facts of Clearwire's current situation are honestly and accurately assessed, it becomes clear that Sprint's increased offer price represents fair, certain and attractive value and the best option for the Company and minority stockholders. This proposal offers a 14% premium to Sprint's previous offer of $2.97 and a 162% premium to Clearwire's closing share price the day before the Sprint-SoftBank discussions were first confirmed in the marketplace on October 11, 2012, when Clearwire was also speculated to be a part of that transaction. Finally, Clearwire's significant investors — Comcast Corp., Intel Corp and Bright House Networks LLC — who collectively own approximately 26% Clearwire's shares not affiliated with Sprint, have agreed to vote FOR the transaction. Clearwire believes the time to act is now and encourages stockholders to follow the recommendations of the two leading proxy advisory firms — Institutional Shareholder Services and Egan-Jones — and vote FOR the proposed Sprint transaction on the WHITE card TODAY. About Clearwire Clearwire Corporation (Nasdaq:CLWR), through its operating subsidiaries, is a leading provider of 4G wireless broadband services offering services in areas of the U.S. where more than 130 million people live. The company holds the deepest portfolio of wireless spectrum available for data services in the U.S. Clearwire serves retail customers through its own CLEAR® brand as well as through wholesale relationships with some of the leading companies in the retail, technology and telecommunications industries, including Sprint and NetZero. The company is constructing a next-generation 4G LTE Advanced-ready network to address the capacity needs of the market, and is also working closely with the Global TDD-LTE Initiative to further the TDD-LTE ecosystem. Clearwire is headquartered in Bellevue, Wash. Additional information is available at http://www.clearwire.com. 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: Sprint and SoftBank Receive Clearance from Committee on Foreign Investment in the U.S.

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

Sprint and SoftBank Receive Clearance from Committee on Foreign Investment in the U.S.

OVERLAND PARK, Kan. & TOKYO (BUSINESS WIRE), May 29, 2013 - Sprint (NYSE: S) and SoftBank (TSE: 9984) announced today that the companies have received notice from the Committee on Foreign Investment in the United States (CFIUS) that it has completed its investigation of the proposed transaction between Sprint and SoftBank, and there are no unresolved national security issues relating to the transaction.

As part of this aspect of the transaction's clearance, Sprint and SoftBank have entered into a National Security Agreement with the U.S. government. The National Security Agreement is effective as of the date of CFIUS clearance, but will terminate in the event that the merger agreement between Sprint and SoftBank is terminated.

Based on the CFIUS clearance of the proposed transaction, the parties expect that the "Team Telecom" agencies, which include the Department of Justice (including the Federal Bureau of Investigation) and the Department of Homeland Security, will notify the Federal Communications Commission that the agencies have completed their review of the transaction for national security, law enforcement and public safety concerns.

Upon receipt of notice from Team Telecom, the Federal Communications Commission will be free to complete its public interest review of the transaction. The Commission's public interest review is ongoing.

Sprint and SoftBank are parties to the previously disclosed agreement and plan of merger, dated as of October 15, 2012, as amended. Consummation of the Sprint-SoftBank merger remains subject to various conditions to closing, including receipt of approval of the Federal Communications Commission and adoption of the merger agreement by Sprint's stockholders. Sprint and SoftBank anticipate the merger will be consummated in July 2013, subject to the remaining closing conditions and the effect of the actions of the Special Committee of Sprint's board of directors, which is currently in discussions and negotiations with DISH Network Corporation regarding the unsolicited proposal received from DISH in April 2013 or other developments with respect to such proposal. Sprint's Board of Directors continues to recommend its stockholders vote in favor of the transaction with SoftBank.

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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Clearwire Board of Directors Issues Open Letter Advising Stockholders to Vote 'FOR' Proposed Transaction With Sprint

Clearwire Board of Directors Issues Open Letter Advising Stockholders to Vote 'FOR' Proposed Transaction With Sprint BELLEVUE, Wash., May 28, 2013 (GLOBE NEWSWIRE) -- The Board of Directors of Clearwire (Nasdaq:CLWR) ("Clearwire" or the "Company") today issued an open letter to stockholders in connection with its proposed transaction with Sprint recommending that stockholders vote 'FOR' the proposed transaction. The letter highlights the favorable recommendations of leading proxy advisory services and conveys compelling reasons why this transaction is the best strategic alternative for shareholders. The full text of the letter follows: May 28, 2013 Dear Fellow Stockholder: Last week, Sprint increased its offer for Clearwire to $3.40 per share, significantly improving the value of the proposed combination. My years with Clearwire and decades of industry experience give me a clear understanding of the company's strengths as well as the challenges we will face in the coming months. For me and my fellow directors, the decision about voting FOR Clearwire's proposed merger with Sprint is clear. It is quite simply the best strategic option for all stockholders, and I once again encourage you to vote your shares FOR all of the proposals relating to the transaction with Sprint. SPRINT SAYS THIS IS ITS BEST AND FINAL OFFER Sprint's increased offer price represents certain, fair and attractive value and represents a: 14% premium to Sprint's previous offer of $2.97; and 162% premium to Clearwire's closing share price the day before the Sprint-SoftBank discussions were first confirmed in the marketplace on October 11, 2012 when Clearwire was also speculated to be a part of that transaction. Importantly, Sprint has stated that this represents its best and final offer to Clearwire's unaffiliated stockholders. LEADING PROXY ADVISORY FIRMS ISS AND EGAN JONES RECOMMENDED CLEARWIRE STOCKHOLDERS VOTE 'FOR' PROPOSED TRANSACTION WITH SPRINT AT THE PREVIOUS OFFER OF $2.97 Institutional Shareholder Services ("ISS") and Egan Jones are leading independent shareholder advisers. Both companies recommended that stockholders vote FOR the proposed Sprint transaction at the previous offer of $2.97 affirming the board's conclusion that this combination is the best strategic alternative for Clearwire's minority stockholders. In its report dated May 10, 2013, ISS stated:* "The current [Sprint] offer falls within an appropriate valuation range as determined by evaluating independent analyst price targets, relative share price premia, and precedent transactions for similar spectrum." "Because the sales process appears to have been both extensive and well-known in the industry; CLWR's business is increasingly unviable on a stand-alone basis; the company requires interim financing from Sprint to fund operations and satisfy interest payment...a vote FOR the transaction is warranted." Clearwire's standalone prospects are risky and highly uncertain; we urge you to maximize the value of your investment in Clearwire and follow ISS's recommendation by voting for the Sprint transaction. MAXIMIZE THE VALUE OF YOUR INVESTMENT IN CLEARWIRE — VOTE "FOR" THE SPRINT TRANSACTION ON THE WHITE PROXY CARD TODAY To be direct: there is no assurance that your shares of Clearwire common stock will be able to be sold for the same or greater value in the future if this proposed transaction is not approved.  ALL REASONABLE ALTERNATIVES THOROUGHLY EXAMINED; INCREASED SPRINT OFFER REPRESENTS BEST STRATEGIC ALTERNATIVE FOR CLEARWIRE'S MINORITY STOCKHOLDERS Over a two-year period, Clearwire's board and management team engaged in an extensive process to determine and evaluate numerous strategic and financial alternatives. Following the completion of this rigorous process, both the Special Committee and the board members present voted unanimously that the Sprint transaction was the best alternative for Clearwire's stockholders. Other alternatives are not actionable or do not deliver better value. Most notably: DISH: As reflected in our proxy filing on May 21, 2013, Clearwire and DISH have not had any substantive discussions since DISH made an unsolicited offer to acquire Sprint on April 15, 2013. Discussions to that point had not resulted in receipt of an actionable proposal. Verizon: Clearwire has not received an actionable proposal in connection with Verizon's preliminary indication of interest in buying approximately 5 billion MHz-POPs of spectrum leases located in the Company's top 25 largest markets for a gross price of approximately $1.0 to $1.5 billion, less the present value of the spectrum leases. This would only yield after-tax net proceeds to the Company of between approximately $550 million and $850 million. Valid proxies that have already been submitted prior to the originally scheduled May 21, 2013, Special Meeting will continue to be valid unless properly changed or revoked prior to the vote being taken at the rescheduled Special Meeting. If you previously voted against the proposed combination, you can change your vote, and I encourage you to do so.  A later-dated vote cast via the Internet, by telephone or a later-dated signed proxy card voting "FOR" the proposed combination on the WHITE proxy card, or a vote at the meeting, will cancel any previous vote, including any votes cast on a gold proxy card. A revocation of your previous vote on the gold proxy card does not count as a vote "FOR" the transaction. Voting on the WHITE card is the only way to vote FOR the proposed combination and the only way to ensure your vote is counted. If you previously voted "FOR" the proposed combination on the WHITE proxy card, your vote will still be counted at the Special Meeting of Stockholders on May 31, 2013, and you do not need to act at this time. If you have questions or need assistance voting your shares, please contact our proxy solicitor, MacKenzie Partners, Inc., toll-free at (800) 322-2885 or call collect at (212) 929-5500. On behalf of the Clearwire board, we thank you for your continued support. Sincerely, John Stanton Executive Chairman of the Board   If you have any questions, require assistance with voting your WHITE proxy card, or need additional copies of the proxy materials, please contact:   MacKenzie Partners, Inc. 105 Madison Avenue New York, NY 10016   proxy@mackenziepartners.com   (212) 929-5500 (Call Collect) Or TOLL-FREE (800) 322-2885 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. *Permission to use quotations was neither sought nor obtained. 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 Offers Tips to Maximize Fun this Summer with Your Smartphone

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

Sprint Offers Tips to Maximize Fun this Summer with Your Smartphone

(BUSINESS WIRE), May 24, 2013 - This summer join the millions of Americans who are using their smartphones and tablets for great communication, entertainment, socialization and apps. Sprint is your source to use your smartphone and maximize your staycation, barbecues, weekend explorations or coast-to-coast adventures.

If you aren't familiar with all the available apps out there, now is your chance to go exploring. With hundreds of thousands of apps and Sprint's unlimited data plans, you have a lot of possibilities. Smartphone apps, available in the iTunes app store, Google Play and for Windows phones, give everyone the tools they need to take their adventures down numerous paths. Your Sprint smartphone is the ultimate link to relaxation and enjoyment this summer. Check out some of these popular ways to use your device and find places to stay, play and dine in the coming months.

Taking a road trip this summer? Here are some suggestions:

• The TripIt trip planner helps you organize, plan and store all of your travel plans in one spot. Create a master travel itinerary with hotel, dining and shopping destinations, and access your itinerary planner on your mobile device – even share your updates on the road with friends.
• Hotels.com app lets you browse more than 157,000 hotels in more than 60 countries, store favorites, track rewards and make reservations directly from the app. Whether traveling last minute or planning a family getaway, you can read reviews and get the best deal for your location.
• Roadside America's app is your one-stop shop for travel tools and guides to unusual attractions, tourist traps, weird vacations and road trip ideas. Have you always wanted to see a smiley face water tower or a giant bowler hat? This is your place for all the information. While you're at it, make sure you are getting the best gas prices across the country with the Gas Buddy app, which will help you find cheap gas wherever you are.

Staying at home? These tools are great for a staycation:

• Download apps for Groupon, Living Social and other deal sites, where you can receive up-to-the-minute offerings at local restaurants, retailers and service providers. Or, download Bitehunter, which aggregates all the daily deals and provides up-to-the-minute details on discounts, restaurants and happy hours.
• If you're interested in finding the most memorable dishes or the best burger in your town, you can find whatever you're craving and see what's good at any restaurant by downloading this visual guide to good food at Foodspotting. Read reviews, get customer ratings, see screenshots and more, wherever you go.
• Camping under the stars this summer, even in your own backyard, can involve countless hours of nighttime activities. GoSkyWatch Planetarium for your iPad is an easy-to-use astronomy app that lets you point your device at the sky and identify and locate stars, planets and constellations. Download through the iTunes Store and see what you can find in tonight's sky.

Not sure what your summer plans entail? Check out the following:

• If you're planning to shop this summer, your smartphone can be your new best friend. Apps such as PriceGrabber.com and FreePriceAlerts, allow you to comparison shop on the go. You can easily compare prices on the Web and at local stores and receive updates when your desired item has a price drop. Be sure to also follow your favorite brands on Facebook and Twitter where some companies give you a coupon on the spot or in daily updates.
• When you're trying to cut down on the chaos of family life, we have found the app for you. Download Cozi, which helps you manage your family calendar, grocery shopping lists, to-do's and even planning for fun and birthdays. This app helps you live simply with delicious dinner menus, family movie night ideas and party planning for a graduation, Memorial Day or Fourth of July party.
• Do you have unwinding on your mind this summer? Check out the SpaFinder Wellness iPhone App, where you can search more than 20,000 spa and wellness locations. Spa Week Mobile allows you to use the GPS function from any device to locate the spas closest to you, directions and deals. After the spa, incorporate a little meditation to continue the relaxation. Apps such as Buddhify, Smiling Mind and Walking Meditation will ease you along your journey.
• Don't forget, your smartphone gives everyone the tools they need to take beautiful album-quality pictures and videos. You can enhance and edit your photography directly on your device with apps such as SnapSeed, Photoshop Express or iPhoto. Maybe you can even start vlogging with your family! Need a little inspiration? Check out "Shaytards" on YouTube for a great daily, family-focused vlog (they've been vlogging for four years!) and start your video log today.

However you decide to partake in your family fun this summer, don't forget it, and share it directly from your Sprint device! Share all the memories and moments you've captured from your adventures – you can upload pics with apps like Instagram, share flashes of your fun on your social media accounts, and email and text your messages directly from your phone.

Get summer ready with the ultra-durable Kyocera Torque along with the all-new 4GLTE network which is now available to customers in 88 markets nationwide. Whether the device is dropped in water or run through the sprinkler, Torque is built to withstand sprayed water or submersion in up to 3.28 feet of water for 30 minutes. Whatever 4GLTE device you use, join the many Sprint customers who 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 markets where LTE will be available in the coming months. Stay up-to-date on all the latest devices and 4G LTE information in your area, no matter where you are, by checking out the Sprint Newsroom. Enjoy your summer and all the apps that will help you enhance the fun, relaxation and travel.

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Sprint Newsroom: Sprint’s Network Disaster Recovery and Emergency Response Teams are Prepared for the Start of 2013 Atlantic Hurricane Season

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

Sprint's Network Disaster Recovery and Emergency Response Teams are Prepared for the Start of 2013 Atlantic Hurricane Season

OVERLAND PARK, Kan. (BUSINESS WIRE), May 23, 2013 - With the National Oceanic and Atmospheric Administration forecasting 13 to 20 named storms and three to six major hurricanes during the 2013 Atlantic Hurricane season, Sprint (NYSE:S) and the Sprint Emergency Response Team (ERT) announced that they are prepared to immediately respond if a storm strikes.

Should a hurricane or tropical storm threaten the operation of Sprint's network this hurricane season, the company's Network Disaster Recovery and Emergency Response teams will begin to implement a standard emergency response approximately 24 to 72 hours before the storm is predicted to make landfall. As part of that emergency protocol, Sprint pre-stages critical company assets in the region where the storm is expected. These pre-staged assets include:

• Portable generators to provide power to Sprint network assets when local electric power is unavailable.
• Satellite Cell on Light Trucks (SatCOLTs) and Cell Sites on Wheels (COWs) to expedite restoration of service and to help facilitate wireless and IP communications among disaster relief and emergency response agencies.
• Experienced and well-trained technicians and engineers who can readily access and maintain the resiliency of Sprint network assets.

Sprint also has thousands of permanent generators – automatic cutover switches to minimize loss of commercial power – installed at:

• All of its wireless and wireline switches – the network components where wireless data and calls are routed to their final destination.
• The company's network Points of Presence (POP) – the facilities where traffic enters and leaves the company's global IP network, which facilitates dedicated data services for Sprint's corporate and government customers, as well as other critical communications.
• Wireless cell sites which serve coastal communities on the Atlantic and Gulf Coast states most at risk for power outages.

Since the end of last year's hurricane season, in addition to the thousands of permanent generators already deployed, Sprint has installed new additional permanent generators at various cell sites in Mississippi, Texas, Connecticut, New Jersey and New York.

To further illustrate its business continuity preparation and post-storm plans, Sprint is releasing a series of infographics detailing:

• The stages that network staff go through to prepare resources, personnel, and Sprint's wireless and wireline infrastructure for pending storms.
• The response steps that Sprint's Network Disaster Recovery Team implements to help ensure the continuity of Sprint's network and overall service following a storm's landfall.
• The Sprint Emergency Response Team's support of public safety, emergency medical personnel, and various state and local agencies during times of a natural disaster.
• The process a wireless call takes to complete and how this service is vitally dependent on commercial power and Local Exchange Carriers (LECs) – two resources that are typically impaired following a major hurricane or tropical storm.

Sprint is committed to serving the emergency response community

The first of its kind in the industry, the Sprint Emergency Response Team (ERT) was created in 2002 as a cross-functional group of full-time and seasoned personnel with expertise in providing immediate restoration of wireless voice, data and IP service, and communications coordination among disaster relief and emergency response agencies, public safety officials and medical personnel.

To facilitate this multi-agency coordination during times of an emergency, Sprint ERT maintains an inventory of 25,000 Sprint handsets, mobile broadband devices, and fully charged Sprint Direct Connect phones at secured facilities in Dallas, Orlando, and Sterling, Va.

In addition to having experience in military and public safety communications, continuity management, and disaster response, Sprint ERT is supported year-round and nationwide by an ERT Reservist program. These 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.

To rapidly address client needs round the clock, Sprint ERT also maintains a 24-hour hotline, 365 days a year, and during times of state and federally declared national disasters, provides 25 mobile devices and wireless service free of charge for 14 days from the date of declaration to state and local agencies.

Sprint ERT has conducted more than 5,600 deployments, and provided emergency wireless support for close to 1,300 events, including the recent tornados in Moore, Okla., the 2013 Presidential Inauguration and the 2013 LAX Air Exercise.

Real-time storm updates through HurricaneTrack.com and Sprint's network

Since 2001, Sprint has worked with Wilmington, N.C.-based weather data and hurricane awareness expert, Mark Sudduth of HurricaneTrack.com on his team's efforts to provide live, immediate and seamless reporting during every hurricane season. Sprint has supplied Sudduth and his team with Sprint 3G and 4G LTE mobile phones and broadband devices to give them fast and reliable mobile Internet connectivity for their field data collection efforts and online video reporting. Sudduth has reported on close to 50 named tropical storms and hurricanes along the Atlantic Coast since 1999.

"The wireless resources and support from Sprint have been truly invaluable to our efforts to study and report on hurricanes and tropical storms," Sudduth said. "No matter the storm condition – it can be a Category 1 or a Category 5 hurricane – Sprint's 3G and 4G service has been reliable and always available when we need it."

HurricaneTrack.com's official mobile app – Hurricane Impact – features a daily video blog, live weather data and web cam images, exclusive tracking maps, a live "Surge Cam" developed specifically for the app and video reports from the field during tropical storm and hurricane landfall events. Hurricane Impact is currently available for iOS devices in the App Store with an Android version in the works to be released this summer.

Preparedness and post-storm tips for Sprint customers

Additionally, wireless consumers are encouraged to use the following tips to prepare for a hurricane, severe flood or other natural disasters:

• Wireless networks sometimes experience heavy traffic during emergency events, so remember to send text messages, rather than call.
• Keep your wireless phone and backup batteries charged, but be aware that an interruption of wireline and commercial power could affect wireless calls. If possible, get extra batteries and charge them.
• In times of commercial power outages, a car adapter for your wireless phone should enable you to recharge the battery.
• Keep phones and necessary accessories in a sealed plastic bag to avoid water damage.
• Load family and emergency numbers into your wireless phone.
• Use your Sprint camera phone to take digital pictures or video of your property and valuables before the storm hits. Upload the images to your personal pictures inbox on www.sprint.com so you have "before" pictures in the event of any storm damage.

For more information about Sprint's hurricane preparation efforts, or to learn what you can do to prepare for a major storm, visit www.sprint.com/hurricaneinformation. 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.

Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130523006389/en/

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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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