This press release is equipped with multimedia equipment. Watch the full version here: www.businesswire.com/news/home/20200220005964/en/ Bellevue, Washington and Overland Park, Kansas – February 20, 2020 – T-Mobile US, Inc. (NASDAQ: TMUS) and Sprint Corporation (NYSE: S) today announced that they have finalized a change to their business combination Agreement for the creation of the new T-Mobile. The boards of T-Mobile and Sprint unanimously approved the amendment. The change does not affect T-Mobile`s previously reported outlook on the synergies, long-term viability and cash flow of the new T-Mobile. 1.3 Additional shares due to SoftBank. If the T-Mobile VWAP is, at any time during the period beginning the second (second) anniversary of the end date and ending on the end date, an amount equal to or greater than the threshold price (such a condition, the «additional provision condition»), subject to the other provisions of this section 1.3, T-Mobile immediately and in all cases within 10 business days of ordering the documents, that the T-Mobile Common Stock transfer agent reasonably requests, softBank or at the written request of SoftBank, a subsidiary of thirteen States related to the District of Columbia, challenge the merger on the grounds that this development would significantly affect competition in the sector and result in an increase in telephone bills. putting financial pressure on less affluent clients. Nevertheless, the Federal Communications Commission approved the transaction and considered it an «unquestionably successful» stage of activity. T-Mobile and Sprint have announced that there are no plans to increase prices in the next three years.
1.5 Duration and termination. This mail contract will remain fully in effect and effective from and after the date of the agreement until the earliest date (i) of the issuance of all SoftBank True-Up shares, is entitled to SoftBank under Section 1.3 (and subject to the execution and provision of the (s) pawning contract (s) by SoftBank and/or its applicable related companies, If applicable), Section 1.3 of this mail-order contract (with the execution and delivery of the agreement by SoftBank and/or its applicable related companies) ends forever, automatically and without further action on the part of the parties, and becomes invalid and ineffective; (ii) the end date if the condition of issuance of additional shares is not met on the date of that date, following which Section 1.3 of this contract to the letter ends forever, automatically and without further action on the part of the parties, and becomes inoperative and without force or effect, (iii) obtaining a sale of the company, under which the purchase price is below the threshold price, Section 1.3 of this contract to the letter (with the sub-delay of the contract creating the contract rate) ends forever, automatically and without further action on the part of the parties, and (iv) the termination of the business combination agreement before softBank US Fusions Effective Time , after which this mail contract does not cease forever, automatically and without further action on the part of the parties.