CORRESP

December 1, 2017

CORRESPONDENCE FILING VIA EDGAR

United States Securities and Exchange Commission
Division of Corporation Finance
100 F Street, N.E.
Mail Stop 3720

Washington, D.C. 20549

Attention:     Carlos Pacho, Senior Assistant Chief Accountant

AD Office 11 - Telecommunications

Re: Sprint Corporation

Form 10-K for Fiscal Year Ended March 31, 2017

Filed May 26, 2017

Form 10-Q for Fiscal Quarter Ended June 30, 2017

Filed August 3, 2017

File No. 001-04721

Ladies and Gentlemen:

Sprint Corporation, a Delaware corporation (“Sprint,” the “Company,” “we,” “our” or “us”), is submitting this supplemental letter in response to the phone conversation with the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”), on November 30, 2017 to further discuss Comment #5 below within the Staff's comment letter dated September 22, 2017.

Form 10-K for Fiscal Year Ended March 31, 2017

Consolidated Statements of Operations, page F-4

5. We note that you present Cost of services and Cost of products exclusive of depreciation and amortization on the face of your Statements of Operations. Because depreciation and amortization are presented in the aggregate for all of your operations on the face of your income statement, there is not transparency into the amount of depreciation and amortization attributable to each of these line items. Rule 5-03 of Regulation S-X indicates the various line items which should appear on the face of the income statement. Please revise your Statements of Operations to specify the amounts of depreciation and amortization attributable to each line item, Cost of services and Cost of products, to comply with Rule 5-03(b)(2) of Regulation S-X. Alternatively, you may choose to present Cost of services and Cost of products including depreciation and amortization.

Securities and Exchange Commission

December 1, 2017

Page 2

As provided in our initial response to Comment #5 on October 20, 2017, we noted that we will separately present lease rentals and the cost of these lease rentals in our consolidated statements of operations for the fiscal year ended March 31, 2018, pursuant to Rule 5-03(b)(1) and (2), provided that revenue from leased devices exceeds 10 percent of consolidated total net operating revenues. Additionally, in a follow up phone conversation with the Staff on November 6, 2017, we agreed to provide you examples of our proposed presentation of depreciation and amortization associated with each revenue stream for the fiscal year ended March 31, 2018. We have attached the two examples discussed with the Staff during our conversation on November 30, 2017, which are summarized below:

• Example one includes the amount of depreciation expense associated with devices subject to operating leases parenthetically next to "Cost of equipment rentals". The remaining amount of depreciation and amortization that is reflected in our consolidated statements of operations is primarily related to assets that support our wireless service revenues.

• Example two presents depreciation expense associated with devices subject to operating leases as a separate caption on the face of the consolidated statements of operations. The amount of deprecation for network and other assets that is reflected in our consolidated statements of operations is primarily related to assets that support our wireless service revenues and is included in "Depreciation - network and other". The amount of amortization is primarily related to assets that support wireless service revenues.

Based on our discussion on November 30, 2017, our understanding is the Staff did not object to either example. If you have any future questions regarding these matters, please do not hesitate to contact Paul W. Schieber, Jr. or John J. Mutrie, Jr. at (913) 794-3400 and (913) 439-4607, respectively. Thank you for your attention to this matter.

Very truly yours,

/s/ Paul W. Schieber, Jr.

Paul W. Schieber, Jr.

Vice President and Controller

/s/ John J. Mutrie, Jr.

John J. Mutrie, Jr.
Vice President and Assistant Controller

Securities and Exchange Commission

December 1, 2017

Page 3

Cc: Robert Shapiro, Senior Staff Accountant, Securities and Exchange Commission

Ivette Leon, Assistant Chief Accountant, Securities and Exchange Commission

Stefan K. Schnopp, Vice President Legal and Corporate Secretary, Sprint Corporation

CORRESP

Example 1 SPRINT CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS Year Ended March 31, 2018 2017 2016 (in millions, except per share amounts) Net operating revenues: Service $ — $ — $ — Equipment sales — — — Equipment rentals — — — — — — Net operating expenses: Cost of services (exclusive of depreciation and amortization below) — — — Cost of equipment sales — — — Cost of equipment rentals (exclusive of depreciation of $xxx included below) l — — — Selling, general and administrative — — — Impairments — — — Severance and exit costs — — — Depreciation — — — Amortization — — — Other, net — — — — — — Operating income (loss) — — — Other expense: Interest expense — — — Other (expense) income, net — — — — — — Loss before income taxes — — — Income tax (expense) benefit — — — Net loss $ — $ — $ — Basic and diluted net loss per common share $ — $ — $ — Basic and diluted weighted average common shares outstanding — — — Note: The above example presents “Equipment rentals” and “Cost of equipment rentals” as separate captions in the consolidated statements of operations. Depreciation expense related to devices subject to operating leases is included in the “Depreciation” caption; however, we have also included the amount of depreciation for devices subject to operating leases parenthetically next to the “Cost of equipment rentals” caption. The remaining amount of depreciation and amortization that is reflected in our consolidated statements of operations is primarily related to assets that support wireless service revenues.

CORRESP

Example 2 SPRINT CORPORATION CONSOLIDATED STATEMENTS OF OPERATIONS Year Ended March 31, 2018 2017 2016 (in millions, except per share amounts) Net operating revenues: Service $ — $ — $ — Equipment sales — — — Equipment rentals — — — — — — Net operating expenses: Cost of services (exclusive of depreciation and amortization below) — — — Cost of equipment sales — — — Cost of equipment rentals (exclusive of depreciation below) l — — — Selling, general and administrative — — — Impairments — — — Severance and exit costs — — — Depreciation – network and other — — — Depreciation – equipment rentals — — — Amortization — — — Other, net — — — — — — Operating income (loss) — — — Other expense: Interest expense — — — Other (expense) income, net — — — — — — Loss before income taxes — — — Income tax (expense) benefit — — — Net loss $ — $ — $ — Basic and diluted net loss per common share $ — $ — $ — Basic and diluted weighted average common shares outstanding — — — Note: The above example presents “Equipment rentals”, “Cost of equipment rentals” and “Depreciation – equipment rentals” as separate captions on the consolidated statements of operations. The amount of depreciation for network and other assets that is reflected above in our consolidated statements of operations is primarily related to assets that support wireless service revenues and is included in “Depreciation – network and other”. Depreciation for devices subject to operating leases is included in “Depreciation – equipment rentals”. The amount of amortization is primarily related to assets that support wireless service revenues.