Sprint Strengthens Prepaid Leadership Team with Addition of Industry Veteran Jim Hyde

June 29, 2016
Hyde named president of Prepaid and Wholesale Services Dow Draper to lead new Virgin Mobile USA venture

OVERLAND PARK, Kan. (BUSINESS WIRE), June 29, 2016 –
Sprint (NYSE: S) bolstered its leadership team with wireless veteran Jim
Hyde taking over the reins of the Sprint Prepaid Group. Dow Draper moves
to a new role, leading the exciting new Virgin Mobile USA endeavor.

As president of Prepaid and Wholesale Services, Hyde is responsible for
developing and driving the prepaid strategy and business across the
Boost Mobile and Sprint Prepaid platforms and the legacy Virgin Mobile
business. He will also manage the relationships with Sprint’s Wholesale
and Mobile Virtual Network Operator (MVNO) customers. Previously, Hyde
was CEO, president and director of nTelos Wireless, Lumos Networks and
was also CEO and managing director of T-Mobile UK.

“Jim brings more than 20 years of telecommunications experience that
will benefit the entire Sprint team,” said Marcelo Claure, Sprint
president and CEO. “He is a visionary leader with a proven track record
of successfully transforming start-ups and multibillion-dollar
international companies to deliver best-in-class results. I am confident
that Jim will accomplish a great deal with our prepaid brands.”

As CEO of Virgin Mobile USA, Draper will focus on the brand evolution to
launch new, groundbreaking, best-in-class services to reach new market
segments for Sprint. The company will share more about this brand
transformation in the coming months.

Before this role, Draper was president of Sprint’s Wholesale & Prepaid
Services, expanding the contract-free business with dramatic changes to
keep the company’s Boost Mobile, Virgin Mobile and Sprint Prepaid brands
value-driven and competitive. In late 2014, Draper added business
development for Sprint Wholesale to his responsibilities, managing sales
of Sprint’s leading-edge, award-winning wholesale assets to hundreds of
partners worldwide.

“Dow is an inspirational leader with an extraordinary vision,” said
Claure, “which makes him the perfect fit for his new role as CEO of
Virgin Mobile USA. He and his team are charged with transforming the
Virgin brand into a disruptive force in the wireless industry and align
it more closely with the iconic global Virgin brand.”

About Sprint

Sprint (NYSE: S) is a communications services company that creates more
and better ways to connect its customers to the things they care about
most. Sprint served more than 58.8 million connections as of March 31,
2016, and is widely recognized for developing, engineering and deploying
innovative technologies, including the first wireless 4G service from a
national carrier in the United States; leading no-contract brands
including Virgin Mobile USA, Boost Mobile, and Assurance Wireless;
instant national and international push-to-talk capabilities; and a
global Tier 1 Internet backbone. Sprint has been named to the Dow Jones
Sustainability Index (DJSI) North America for the past five years. You
can learn more and visit Sprint at www.sprint.com
or www.facebook.com/sprint
and www.twitter.com/sprint.

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