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   &lt;div align="left" style="font-size: 10pt; margin-top: 12pt"&gt;&lt;b&gt;13. Equity&lt;/b&gt;
   &lt;/div&gt;
   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;On November&amp;#160;9, 2009, we entered into an Investment Agreement, which we refer to as the
   Investment Agreement, with Clearwire Communications, Sprint, Intel Corporation, which we refer to
   as Intel, Comcast, Time Warner Cable Inc., which we refer to as Time Warner Cable, Eagle River
   Holdings, LLC, which we refer to as Eagle River, and Bright House Networks, LLC, which we refer to
   as Bright House Networks, and who we collectively refer to as the Participating Equityholders,
   setting forth the terms and conditions upon which the Participating Equityholders would make an
   investment in Clearwire and Clearwire Communications in an aggregate amount of approximately $1.56
   billion, which we refer to as the Private Placement.
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   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;On March&amp;#160;2, 2010, Clearwire Communications received approximately $66.5&amp;#160;million from the
   purchase of Class&amp;#160;B non-voting common interests in Clearwire Communications, which we refer to as
   Clearwire Communications Class&amp;#160;B Common Interests, and voting equity in Clearwire Communications,
   which we refer to as Clearwire Communications Voting Interests, in connection with the consummation
   of the third closing, which we refer to as the Third Investment Closing, and final phase of the
   Private Placement. At the Third Investment Closing, in exchange for the purchase by Sprint,
   Comcast, Time Warner Cable and Bright House Networks of Clearwire Communications Class&amp;#160;B Common
   Interests and Clearwire Communications Voting Interests in amounts exceeding their respective
   percentage interest, which was determined immediately prior to the consummation of the first phase
   of the Private Placement on November&amp;#160;13, 2009, Clearwire Communications paid a fee, which we refer
   to as an Over-Allotment Fee, to Sprint, Comcast, Time Warner Cable and Bright House Networks of
   approximately $3.2&amp;#160;million, in the aggregate. Clearwire Communications delivered the applicable
   Over-Allotment Fee to Sprint, one-half in cash and one-half in the form of Clearwire Communications
   Class&amp;#160;B Common Interests valued at $7.33 per interest and an equal number of Clearwire
   Communications Voting Interests, and to Comcast, Time Warner Cable and Bright House Networks in
   cash. Immediately following the receipt by the Participating Equityholders of Clearwire
   Communications Voting Interests and Clearwire Communications Class&amp;#160;B Common Interests at the Third
   Investment Closing, each of the Participating Equityholders contributed to Clearwire its Clearwire
   Communications Voting Interests in exchange for an equal number of shares of Clearwire Class&amp;#160;B
   common stock, which we refer to as Class&amp;#160;B Common Stock, par value $0.0001 per share, of Clearwire.
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   &lt;div align="left" style="font-size: 10pt; margin-top: 6pt"&gt;&amp;#160;&amp;#160;&amp;#160;&amp;#160;&amp;#160;Under the Investment Agreement, Clearwire committed to a rights offering, pursuant to which
   rights to purchase shares of Clearwire Class&amp;#160;A common stock, which we refer to as Class&amp;#160;A Common
   Stock, were granted to each holder of Class&amp;#160;A Common Stock along with certain participating
   securities as of December&amp;#160;17, 2009, which we refer to as the Rights Offering. We distributed
   subscription rights exercisable for up to 93.9&amp;#160;million shares of Class&amp;#160;A Common Stock. Each
   subscription right entitled a shareholder to purchase 0.4336 shares of Class&amp;#160;A Common Stock at a
   subscription price of $7.33 per share. The subscription rights expired if they were not exercised
   by June&amp;#160;21, 2010. The Participating Equityholders and Google waived their respective rights to
   participate in the Rights Offering with respect to shares of Class&amp;#160;A Common Stock they each held as
   of the applicable record date. In connection with the Rights Offering, rights to purchase 39.6
   million shares of Class&amp;#160;A common stock were exercised for an aggregate purchase price of $290.3
   million.
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