New York, February 19, 2015 -- Moody's Investors Service ("Moody's") assigned a B2 rating to Sprint Corporation's ("Sprint" or "the company") proposed offering of $1 billion Senior Unsecured Notes . The proceeds will be used for general corporate purposes, which may include, among other things, working capital requirements, retirement or service requirements of outstanding debt and network expansion and modernization. Sprint's other ratings and negative outlook remain unchanged.

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