New York, December 09, 2013 -- Moody's Investors Service ("Moody's") assigned a B1 rating to Sprint Corporation's ("Sprint" or "the company") proposed offering of Senior Unsecured Notes due 2024. The proceeds will be used for general corporate purposes, which may include, among other things, redemptions or service requirements of outstanding debt, network expansion and modernization. Sprint's other ratings and stable outlook remain unchanged.

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