T-Mobile announces public offering of common stock

T-Mobile US announced today that it is commencing an offering of 66,150,000 shares of its common stock in a registered public offering.

T-Mobile expects to use the net proceeds from this offering for general corporate purposes, including capital investments, enhancing its financial flexibility and opportunistically acquiring additional spectrum in private party transactions and/or government auctions.

T-Mobile intends to grant the underwriters in this offering the option to purchase up to an additional 6,615,000 shares of its common stock.

Morgan Stanley, Goldman Sachs, JP Morgan Securities, Credit Suisse Securities (USA) and Deutsche Bank Securities are the joint book-running managers for the offering.

In addition to the offering of shares of the common stock, on an opportunistic basis T-Mobile may seek to raise (immediately or from time to time) additional capital through the offering of debt or equity securities in amounts that may be significant, subject to market conditions.

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