[September 03, 2014]

T-Mobile Agrees to Sell $1,300,000,000 6.000% Senior Notes Due 2023 and $1,700,000,000 6.375% Senior Notes Due 2025

T-Mobile (News - Alert) US, Inc. (NYSE:TMUS) ("T-Mobile") announced today that T-Mobile USA, Inc. ("T-Mobile USA"), a wholly-owned subsidiary, has agreed to sell $1,300,000,000 aggregate principal amount of 6.000% Senior Notes due 2023 and $1,700,000,000 aggregate principal amount of 6.375% Senior Notes due 2025 in a registered public offering. The notes offering is scheduled to close on September 5, 2014, subject to satisfaction of customary closing conditions. T-Mobile expects to use the net proceeds from this offering for general corporate purposes, which may include capital investments and acquisition of additional spectrum. T-Mobile also intends to use approximately $1,000,000,000 of the proceeds to redeem its outstanding 7.875% Senior Notes due 2018 and pay related transaction fees and expenses.

Deutsche Bank Securities Inc., Citigroup Global Markets Inc., Credit Suisse Securities (USA) LLC, and J.P. Morgan Securities LLC are the joint book-running managers for the notes offering. Barclays Capital Inc., Goldman, Sachs & Co., and RBS Securities Inc. 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 (News - Alert)") 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 +1 (800) 503-4611 or by email at [email protected]; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, Attn: Prospectus Department, Telephone: 1-800-831-9146, Email: [email protected]; Credit Suisse Securities (USA) LLC, Attention: Max McClusky, Eleven Madison Avenue, New York, NY 10010, email: [email protected]; J.P. Morgan Securities LLC, 383 Madison Avenue, 3rd Floor, New York, NY 10179, Attention: Syndicate Desk, telephone: 800-245-8812; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, [email protected], (888) 603-5847; Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or by emailing [email protected]; or RBS Securities Inc., 600 Washington Blvd., Stamford, CT 06901, Attention: High Yield Debt Capital Markets Syndicate, telephone 1-866-884-2071.

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, statements about the expected closing of the notes offering and 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, difficulties in executing the notes offering 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.

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