Clearwire Communications LLC -- Moody's assigns Ba1 rating to Clearwire's existing exchangeable notes

New York, December 04, 2013 -- Moody's Investors Service ("Moody's") assigned a Ba1 rating to co-issuers Clearwire Communications LLC's ("Clearwire") and Clearwire Finance, Inc.'s existing $629 million 8.25% Exchangeable Notes due 2040. The rating is supported by Sprint Corporation ("Sprint") and Sprint Communications, Inc. providing an irrevocable and unconditional guarantee in respect of the Clearwire notes. The rating is given an additional uplift due to the high asset coverage provided by Clearwire's extensive spectrum holdings. Sprint's other ratings and stable outlook remain unchanged.

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