T-Mobile Announces Proposed Public Offering of $1,000,000,000 of Senior Notes

BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today that T-Mobile USA, Inc. (“T-Mobile USA”), a wholly-owned subsidiary, plans to offer, subject to market and other conditions, $1,000,000,000 aggregate principal amount of Senior Notes due 2024 in a registered public offering. T-Mobile expects to use the net proceeds from this offering for the purchase of 700 MHz A-block spectrum and other spectrum purchases.

Deutsche Bank Securities Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Barclays Capital Inc. and Goldman, Sachs & Co. are the joint book-running managers for the notes offering. Credit Suisse Securities (USA) LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC are the co-managers for the notes offering.

The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the notes offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and the related prospectus supplement and other documents the issuer will file with the SEC for more complete information about the issuer and the notes offering. You may get these documents for free by visiting EDGAR on the SEC Web site at http://www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the notes offering will arrange to send you the prospectus and related prospectus supplement if you request it by contacting: Deutsche Bank Securities Inc., Attention: Prospectus Group, 60 Wall Street, New York, New York 10005-2836, by telephone at [phone] or by email at [e-mail]; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Attn: Prospectus Department, Telephone: [phone], Email: [e-mail]; J.P. Morgan Securities LLC, 383 Madison Avenue, 3rd Floor, New York, NY 10179, Attention: Syndicate Desk, Telephone: [phone]; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Email: [e-mail], Telephone: [phone]; Goldman, Sachs & Co. Prospectus Department, 200 West Street, New York, NY 10282, Telephone: [phone], Facsimile: [phone], or Email: [e-mail]; Credit Suisse Securities (USA) LLC, Attention: Max McClusky, Eleven Madison Avenue, New York, NY 10010, Email: [e-mail]; Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department, Telephone: [phone], Email: [e-mail]; or RBC Capital Markets, LLC, Attention: High Yield Capital Markets, Three World Financial Center, 200 Vesey Street, 10th Floor, New York, NY 10281-8098, Telephone: [phone].

Forward-Looking Statements

This press release contains forward-looking statements that are based on T-Mobile management’s current expectations. Such statements include, without limitation, plans, projections and estimates regarding the use of proceeds from the proposed offering. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including, without limitation, prevailing market conditions and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect T-Mobile and its results is included in T-Mobile’s filings with the SEC, which are available at http://www.sec.gov.