Shearman & Sterling represented the underwriters represented by J.P. Morgan Securities Inc., Citigroup Global Markets Inc. and Wells Fargo Securities, LLC in connection with the public offering of $1.3 billion aggregate principal amount of 8.375% Notes due 2017 of Sprint Nextel Corporation. Sprint is the third largest wireless company in the United States based on the number of subscribers.

This transaction is the third securities offering that Shearman & Sterling has completed in connection with Sprint since 2006, raising over $4 billion aggregate net proceeds for the company.

The following Shearman & Sterling attorneys advised the underwriters in this transaction: partners Andrew Schleider (New York-Capital Markets) and Bernie Pistillo (New York-Tax), counsel John Berkery (New York-Capital Markets) and associates Carmen Wong (New York-Capital Markets), Joe M. Sasanuma (New York-Capital Markets) and Shiu-Kay Hung (New York-Tax).