Latest news with #Old
Yahoo
5 days ago
- Business
- Yahoo
The MAGA War on Science Is Deadly—and It's Just Getting Started
The Trump administration is taking a chain saw to America's scientific research. The proposed 2026 budget calls for a devastating 37 percent cut in funding for biomedical research through the National Institutes of Health; a 56 percent cut in science research funding through the National Science Foundation; and further, major cuts in science budgets at NASA, NOAA, the EPA, the CDC, the Agriculture Department, the Energy Department, the U.S. Geological Survey, the Forest Service, and other smaller agencies. Make no mistake: This is a total war on science in America. If an enemy power wished to demolish one of the pillars of American economic, military, and political strength over the past century, this might be what they would do. At first glance, these moves are so baffling that many observers are tempted to deny that it is happening. Even the MAGA faithful understand that science is part of what has made American great. So why has the administration declared war on science? To start, we should keep in mind that there is probably no master plan. Multiple overlapping agendas and factors are driving the destruction. But there is a deeper motivation at work too. The conservative movement in America—the same movement that decades ago demanded science as the answer to Sputnik—has turned its back on the very idea of science. That's because the conservative movement has become an antidemocratic movement, and it understands at some level that the truth is its enemy. Scientific research is in some respects collateral damage in a wider war on democracy. This anti-rationalist ideology comes in several flavors, not all of them consistent. One wing comes out of the evangelical hard right, which has long argued that science has been turned into a weapon against faith. A large subset of the Christian nationalist movement, for instance, claims climate science is not merely a hoax but a secular plot to undermine religion. This thinking is on vivid display at the little-known Cornwall Alliance for the Stewardship of Creation. Cornwall, an anti-environmental policy initiative, vilifies environmental science as a 'Cult of the Green Dragon.' In the alliance's view, environmentalism is an alternative—and false—theology. The Cornwall Alliance is led by E. Calvin Beisner. Before founding Cornwall, Beisner was a co-founder of the Coalition on Revival, a large network of evangelical and right-wing Christian leaders and theologians that gathers every few years in a different locale. COR members have adopted explicitly dominionist and Reconstructionist ideological positions. They advocate theonomy, the idea that American laws should be based on a reactionary reading of the Old and New Testaments. Think promoting 'corporal discipline of children as a means of teaching Godly behavior' and banning 'deviant activities as acceptable alternative lifestyles,' not Sermon on the Mount. In spite of these positions, many religious right leaders insist that theirs is the scientific view. They believe that what passes as science now is deeply infused with a value judgment—that scientific rhetoric is being deployed to advance the view that humans should subordinate themselves to nature. Then there is a different approach emerging from people in the orbit of far-right think tanks such as the Claremont Institute. They hold the view that science has become part of a 'woke bureaucracy'—Michael Anton, who currently serves as Trump's director of policy planning, has variously defined it as the 'university NGO international busybody complex' and the 'globalist borg' that is intent on pushing undesirable social views and cutting off opportunities for a genuine—and dictatorial—leader of 'the people.' Some New Right representatives say we need a more monarchical form of government, a 'Red Caesar' who can enact his will without facts and reason getting in the way. They see in science an evil directorate, and they simply want to destroy it. A third, much smaller but highly influential group includes the slice of tech bros who have allied with the authoritarian movement. Some believe that AI and other allegedly private-sector forces will soon dominate science; therefore, we don't need the traditional government funding system. They want us instead to put our blind faith behind them, the wizard-founders, who they insist are the absolute best at everything they do and can be therefore counted on to pursue science on behalf of all humanity—or at least on behalf of their own ballooning fortunes. It may seem surprising that the rise of technopolies dovetails with anti-scientific attitudes. But some of these founders are convinced they don't need to do the science; they already know the answers because the answers are whichever technology turns out to be most profitable for them under a misregulated market. If we needed further evidence that some tech ideologues have embraced a profoundly antisocial misrepresentation of the purposes of science, then we need look no further than the billboards that have recently sprouted throughout the San Francisco Bay area: 'Stop Hiring Humans.' The various flavors of irrationalism in the current regime, mixed with unprecedented levels of sheer incompetence, have given us the war on science in its current form. One of the major targets of the administration's aggression, for example, is the university system. Right-wing ideologues have long griped that America's universities are bastions of liberal power that willfully discriminate against conservatives. The Republican base has largely bought into this story. The administration now wants the power to exert control over faculty and curricula, or at least undermine the independence of its academic critics. But how can it do so? This is where the war on science comes in. Over the past century, universities have emerged as key nodes in the scientific establishment that converts public funds into research. On the whole it has been a spectacularly successful system. But it has had the unintended effect of rendering the universities hostage to federal funding. It so happens that a good chunk of that funding goes into biomedical research. In brief: This administration is willing to let people die of cancer if that's what it takes to win the war on supposedly 'woke' universities. Another target of the administration's aggression is this thing called the 'administrative state.' It's hard to say exactly what the administrative state is, other than a catchall for everything that conservative ideologues don't like about government. The trouble is, of course, that the administrative state is really the workings of a functioning democratic government, and the biggest part of the government consists of administering things that are very hard to cut: the Defense Department foremost, but also things like air traffic management, nuclear safety, and so on. Much easier to cut are contracts with outside suppliers, especially those whose benefits accrue to future generations. In short: Science funding has fallen victim to the conservatives' need to perform violence against a demonized bureaucracy. Right now, we are only seeing the short-term consequence of the Republican war on science: Projects are canceled, and funding is denied, individual careers are broken, research institutions are diminished, and scientists drain out of the country for safe havens around the world. The long-term consequences of Trump's war on science are likely to be far more serious. What can we do about it now? Congress could stop this, but of course it won't as long as MAGA holds the Republican majority hostage. The courts are slowing some of it, but they won't change the overall direction alone. Private actors and foundations can step in to cover some gaps, but their efforts are likely to amount to Band-Aids. The biggest problem is that there is a war going on and very few people seem to have noticed. Scientists will need to step forward and help the public understand the value of their work. Historians need to step forward and explain the extraordinary achievements of the American research university system. The rest of us need to get the message out. The true consequences of this equation will show up 10 and 20 years from now, when our once-great democracy faces health, climate, and other crises that might well have been avoided.
USA Today
7 days ago
- Climate
- USA Today
California bracing for first 'widespread' heat wave this weekend: See temperatures
California bracing for first 'widespread' heat wave this weekend: See temperatures Show Caption Hide Caption Safety tips to keep dogs cool on hot days On those sweltering summer days, here are some tips to keep dogs cool and safe in the heat. Much of California is set for its first heat wave of the season and several parts of the state could experience record-high temperatures, weather experts predict. The surge of warmth is expected to sweep across the state, peaking on Friday, May 30, as temperatures could soar near or above 100 degrees in the warmest deserts and valleys this weekend, said Heather Zehr, a senior meteorologist with AccuWeather on May 27. "Really, this is the first widespread heat wave of the season," said Zehr, adding those areas are already under an extreme heat watch. "While there have been some heat cells, a couple of days here and there that's been shorter in duration, but in terms of the scope of the land area, this is the first." In California's Central Valley, triple digits are likely, as some locations could break daily records, according to the National Weather Service in Los Angeles. Redding is forecast to hit up to 109 degrees on May 30, which would tie the city's all-time May record set in 2021, the agency said. Sacramento also could reach a high of 105 degrees on May 30, and Bakersfield could see a high of 106 degrees on May 31, the weather service added. Other cities with the greatest chance of breaking record highs include Paso Robles, Ojai, Palmdale and Lancaster, the weather service said. "There is an increasing chance — 30% to 40% — of Friday's highs approaching or breaking calendar daytime record(s) across some valley and desert areas," the agency said in its May 27 forecast. The triple-digit temps could extend into eastern parts of the San Francisco Bay Area as well. "There's definitely a significant warm-up expected in those areas, especially this Friday and Saturday," said Ryan Kittell, a weather service meteorologist based in Los Angeles. The Climate Prediction Center forecasts above-normal temperatures across most of California by Friday, May 30. However, cooler temps are expected throughout California by next weekend, Kittell said. 'Above normal' temps expected in California this summer The anticipated post-Memorial Day weekend heat wave in California comes as the weather service's latest three-month outlook on May 15 predicted temperatures in June, July and August will be "above normal" this summer. ''Normal' is based on the average of all temperatures from 1991 to 2020,' the weather service said. Additionally, the National Oceanic and Atmospheric Administration's Climate Prediction Center and the Old Farmer's Almanac also predict California, and the rest of the contiguous United States, will experience above-average temperatures this summer, which is officially less than a month away, and starts June 20. A primer: All your questions about the 2025 hurricane season answered Will California's warm weather lead to drought? About 22.7 million Californians were living in areas affected by drought, according to a report released by the National Integrated Drought Information System on May 23. Weather Service working with less: First came the weather service staffing cuts. Then came the tornadoes. Overall, nearly 40% of California is experiencing drought conditions, with 18.3% classified as abnormally dry, 15.1% in moderate drought, 17.6% in severe drought, 7.0% in extreme drought and 0.1% in exceptional drought, a May 20 report said. "The drought is pretty much focused on the southern part of the state," Kittell said. "Most of California doesn't get much rain during the summer months, so for the vast majority of the state, it will be dry.
Time of India
25-05-2025
- Lifestyle
- Time of India
Why do people say cheers before drinks?
Image credits: Getty Images Be it a cup of coffee or a glass of beer, when drinking with someone next to us, the word "cheers" is bound to come out of our mouths. It's one of those things that we do as everyone does it and over the years it has become sort of a norm. But why do people say cheers and is it just a social custom or does it carry with itself a meaning? Let's find out! Where does the word 'cheers' come from? Image credits: Getty Images The word 'cheers' originates from the Old French term 'chiere' which means face or head. Over the years by the 18th century, the term began to be used as a way of expressing happiness and encouragement. Nowadays, it is used to express good wishes before drinking. Why do people say cheers? Image credits: Getty Images From spirituality to safety, there are numerous reasons why people clink their glasses together and say cheers. Here's what they are! Ensure safety: According to some theories, back in the day, people used to clink glasses and cheer loudly to avoid being poisoned. At that time, poisoning someone's drink was the most common way of murdering them and thus it was believed that if glasses were filled to the brim and clinked together, a bit of drink from each glass would be exchanged with the other. Thus, clinking and cheering and then taking sips from the drink ensured that they were unharmed. Enhance the senses: It is said the act of drinking involves all senses. You can see it, feel it, taste it and smell it. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Invest in Kolkata's Iconic Twin Towers Today Keventer ONE Undo In order to involve the fifth sense of sound and complete the experience, people clink their glasses and say cheers. Warding off the evil: In Medieval times, glasses were clinked and people loudly said cheers to ward off any demons or evil spirits. People also used to clink their glasses and spill some on the floor in the hope of leaving some for the bad spirits so that they would leave them alone. For the gods: According to the International Handbook of Alcohol and Culture, toasting "is probably a secular vestige of ancient sacrificial libations in which a sacred liquid was offered to the gods: blood or wine in exchange for a wish, a prayer summarized in the word 'long life!' or 'to your health!'" Essentially, people would toast the drinks and offer them to gods in exchange for granting a wish. Now that you know all the reasons why people have been saying cheers for centuries, whenever you are drinking something pick up your glasses and say cheers!
Yahoo
25-05-2025
- Business
- Yahoo
Developer proposes affordable Live Local Act townhomes in northwest Orange County
Editor's note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. The Croson Townhomes development has been proposed under Florida's Live Local Act affordable housing initiative at 6936 Old Hwy 441 in unincorporated Mount Dora, located south of East Crane Avenue in northwest Orange County. The project on 1.8 acres would consist of 21 three-story units at a total square footage of 15,000 with 45 parking spaces, according to a Kimley-Horn conceptual plan. Read: What's open and closed on Memorial Day?Charles Croson of Lake Mary-based Croson Investment Partners, on behalf of Old 441 LLC, filed for pre-application approval with the Orange County Technical Review Group (TRG) and Development Review Committee (DRC) on May here to read the full story on the Orlando Business Journal's here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live. Read: What's open and closed on Memorial Day? Charles Croson of Lake Mary-based Croson Investment Partners, on behalf of Old 441 LLC, filed for pre-application approval with the Orange County Technical Review Group (TRG) and Development Review Committee (DRC) on May 15. Click here to read the full story on the Orlando Business Journal's website. Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.
Business Wire
23-05-2025
- Business
- Business Wire
T-Mobile US, Inc. and T-Mobile USA, Inc. Announce Commencement of Exchange Offers and Consent Solicitations for Certain of United States Cellular Corporation's Outstanding Debt Securities
BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile US, Inc. (NASDAQ: TMUS) (the 'Company') today announced that it, together with T-Mobile USA, Inc., its wholly-owned subsidiary ('T-Mobile USA'), has commenced offers to exchange (the 'Exchange Offers') any and all of certain outstanding senior notes of United States Cellular Corporation ('USCC'), pursuant to the Securities Purchase Agreement announced on May 24, 2024, under which the Company has agreed to purchase certain assets from USCC. Today's announcement includes offers to exchange: (i) USCC's 6.700% Senior Notes due 2033 (the 'Old USCC 2033 Notes') for new 6.700% Senior Notes due 2033 to be issued by T-Mobile USA (the 'New 2033 Notes'); (ii) USCC's 6.250% Senior Notes due 2069 (the 'Old USCC 2069 Notes') for new 6.250% Senior Notes due 2069 to be issued by T-Mobile USA (the 'New 2069 Notes'); (iii) USCC's 5.500% Senior Notes due 2070 (March) (the 'Old USCC March 2070 Notes') for new 5.500% Senior Notes due March 2070 to be issued by T-Mobile USA (the 'New March 2070 Notes'); and (iv) USCC's 5.500% Senior Notes due 2070 (June) (the 'Old USCC June 2070 Notes' and, together with the Old USCC 2033 Notes, the Old USCC 2069 Notes and the Old USCC March 2070 Notes, the 'Old USCC Notes') for new 5.500% Senior Notes due June 2070 to be issued by T-Mobile USA (the 'New June 2070 Notes' and, collectively with the New 2033 Notes, the New 2069 Notes and New March 2070 Notes, the 'New T-Mobile Notes'); in each case upon the terms and subject to the conditions set forth in the Prospectus, as defined below. In connection with the Exchange Offers, the Company and T-Mobile USA are also soliciting consents to amend the USCC Indentures (as defined below) (the 'Consent Solicitations'). The following table sets forth the consideration to be offered to holders of each series of Old USCC Notes in the Exchange Offers and the Consent Solicitations: Expand (1) Consideration in the form of principal amount of (i) the New 2033 Notes per $1,000 principal amount of the Old USCC 2033 Notes and (ii) the New 2069 Notes, the New March 2070 Notes and the New June 2070 Notes per $25 principal amount of the Old USCC 2069 Notes, the Old USCC March 2070 Notes and the Old USCC June 2070 Notes, respectively, of like tenor and coupon, in each case, validly tendered and accepted for exchange, subject to any rounding as described in the Prospectus. (2) Consideration in the form of a cash payment of (i) $1.00 per $1,000 of the Old USCC 2033 Notes and (ii) $0.025 per $25 principal amount of the Old USCC 2069 Notes, the Old USCC March 2070 Notes and Old USCC June 2070 Notes, in each case, for consents to the proposed amendments to the applicable USCC Indenture under which such series of those notes were issued validly delivered prior to the Early Participation Date (defined below) and not validly withdrawn. (3) Expressed per $1,000 principal amount of the Old USCC 2033 Notes and per $25 principal amount of the Old USCC 2069 Notes, Old USCC March 2070 Notes and Old USCC June 2070 Notes. Includes the applicable Early Participation Premium (as defined below) and the applicable Early Consent Fee (as defined below) for each series of Old USCC Notes validly tendered prior to the Early Participation Date and not validly withdrawn. Expand No cash payment in respect of accrued but unpaid interest will be paid at settlement of the Exchange Offers with respect to Old USCC Notes tendered for exchange. However, interest on the applicable New T-Mobile Notes will accrue from and including the most recent interest payment date of the tendered Old USCC Notes. Each of the Exchange Offers and Consent Solicitations will expire at 5:00 p.m., New York City time, on July 1, 2025, unless extended (such date and time as they may be extended, the 'Expiration Date'). In exchange for each $1,000 principal amount of the Old USCC 2033 Notes that is validly tendered prior to 5:00 p.m., New York City time, on June 13, 2025, unless extended by the Company, in its sole discretion (such date and time, as it may be extended, the 'Early Participation Date'), and not validly withdrawn, holders of such Old USCC 2033 Notes will be eligible to receive the early exchange consideration set out in the table above (the 'Old USCC 2033 Notes Early Exchange Consideration'), which consists of (i) $1,000 principal amount of the New 2033 Notes (including the Early Participation Premium set out in the table above (the 'Old USCC 2033 Notes Early Participation Premium') and (ii) a cash payment of $1.00 (the 'Old USCC 2033 Notes Early Consent Fee'). In exchange for each $1,000 principal amount of the Old USCC 2033 Notes that is validly tendered after the Early Participation Date but prior to the Expiration Date and not validly withdrawn, holders of such Old USCC 2033 Notes will be eligible to receive only the exchange consideration set out in the table above, which is equal to the Old USCC 2033 Notes Early Exchange Consideration less the Old USCC 2033 Notes Early Participation Premium and less the Old USCC 2033 Notes Early Consent Fee, and so consists of $970 principal amount of the New 2033 Notes. In exchange for each note (or unit) per $25 principal amount of the Old USCC 2069 Notes, Old USCC March 2070 Notes and Old USCC June 2070 Notes that is validly tendered prior to the Early Participation Date, and not validly withdrawn, holders of such series, respectively, will be eligible to receive the early exchange consideration set out in the table above (the 'Old USCC 2069 and Old USCC 2070 Notes Early Exchange Consideration'), which in each case consists of (i) $25 principal amount of the corresponding New 2069 Notes, New March 2070 Notes and New June 2070 Notes (including the Early Participation Premiums set out in the table above (the 'Old USCC 2069 and Old USCC 2070 Notes Early Participation Premium' and together with the Old USCC 2033 Notes Early Participation Premium, the 'Early Participation Premium') and (ii) a cash payment of $0.025 (the 'Old USCC 2069 and Old USCC 2070 Notes Early Consent Fee' and together with the Old USCC 2033 Notes Early Consent Fee, the 'Early Consent Fee'). In exchange for each note (or unit) per $25 principal amount of the Old USCC 2069 Notes, Old USCC March 2070 Notes and Old USCC June 2070 Notes that is validly tendered after the Early Participation Date but prior to the Expiration Date and not validly withdrawn, holders of such series, respectively, will be eligible to receive only the exchange consideration set out in the table above, which is equal to the Old USCC 2069 and Old USCC 2070 Notes Early Exchange Consideration less the Old USCC 2069 and Old USCC 2070 Notes Early Participation Premium and less the Old USCC 2069 and Old USCC 2070 Notes Early Consent Fee, and so consists of $24.25 principal amount of the New 2069 Notes, New March 2070 Notes and New June 2070 Notes, respectively. The Company will pay the Early Consent Fee on the Settlement Date (as defined in the Prospectus). Holders of Old USCC Notes for which no consent is delivered prior to the Early Participation Date (or Old USCC Notes for which a valid consent is delivered, but such consent is revoked prior to the Early Participation Date) will not receive any Early Consent Fee, even though the proposed amendments to the USCC Indentures (as defined below), once operative, will bind all holders and their transferees. No additional amounts will be paid with respect to any tax withheld from the payment of an Early Consent Fee. No other payment will be made for a holder's consent to the proposed amendments to the USCC Indentures. Tenders of Old USCC Notes in connection with any of the Exchange Offers may be withdrawn and consents to the proposed amendments may be revoked at any time prior to 5:00 p.m., New York City time, on June 13, 2025, unless extended by the Company, in its sole discretion (such date and time, as it may be extended, the 'Withdrawal Deadline'), but may not be withdrawn or revoked at any time thereafter. Consents may be revoked prior to the Withdrawal Deadline only by validly withdrawing the associated tendered Old USCC Notes. A valid withdrawal of tendered Old USCC Notes prior to the Withdrawal Deadline will be deemed to be a concurrent revocation of the related consent to the proposed amendments to the relevant USCC Indenture, and a revocation of a consent to the proposed amendments prior to the Withdrawal Deadline will be deemed to be a concurrent withdrawal of the related tendered Old USCC Notes. Following the Withdrawal Deadline, tenders of Old USCC Notes may not be validly withdrawn and consents may not be revoked unless the Company elects in its sole discretion to amend the Exchange Offers and Consent Solicitations to allow such actions or the Company is otherwise required by law to permit withdrawal. To the extent the Company elects to allow additional withdrawal rights after the Withdrawal Deadline, it may elect do so without also allowing additional consent revocation rights. With respect to any Old USCC 2069 Notes, Old USCC March 2070 Notes and Old USCC June 2070 Notes, accepted for exchange by T-Mobile USA, T-Mobile USA will pay a soliciting dealer fee of $0.0625 for each note (or unit) per $25 principal amount of the Old USCC 2069 Notes, Old USCC March 2070 Notes and Old USCC June 2070 Notes that are validly tendered prior to the Expiration Date and not validly withdrawn to retail brokers that are appropriately designated by their tendering holder clients to receive this fee, provided that such fee will only be paid with respect to tenders by holders whose aggregate principal amount of Old USCC Notes is $250,000 or less. In conjunction with the Exchange Offers, the Company is soliciting consents from holders of each series of Old USCC Notes ('Consents') to certain proposed amendments to the indentures governing the Old USCC Notes (the 'USCC Indentures') to modify or eliminate certain notice requirements and restrictive covenants in the USCC Indentures (the 'Proposed Amendments'). Holders of Old USCC Notes that tender such Old USCC Notes will be deemed to have given Consent to the Proposed Amendments with respect to the Old USCC Notes. To adopt the Proposed Amendments related to a series of Old USCC Notes, the Company must receive Consents from holders representing a majority of the outstanding principal amount of such series of Old USCC Notes (the 'Requisite Consents'). If the Requisite Consents are received with respect to any series of Old USCC Notes, a supplemental indenture, giving effect to the Proposed Amendments with respect to the applicable Old USCC Notes, will be executed promptly following the receipt of the Requisite Consents, but in no event prior to the Withdrawal Deadline. The holders may revoke their consent to the proposed amendments at any time prior to the Withdrawal Deadline by withdrawing the Old USCC Notes they have tendered prior to the Withdrawal Deadline but they will not be able to revoke their consent after the Withdrawal Deadline, as further described in the Prospectus. All holders that do not deliver valid unrevoked consents to the Proposed Amendments prior to the Early Participation Date will not be entitled to receive any Early Consent Fee, but will be bound by the Proposed Amendments if it becomes operative, as described in the Prospectus. Each New T-Mobile Note issued in exchange for an Old USCC Note will have an interest rate and maturity that is identical to the interest rate and maturity of the tendered Old USCC Note, as well as identical interest payment dates and substantially identical optional redemption provisions. The New T-Mobile Notes will be unsecured and unsubordinated obligations of T-Mobile USA and will rank equally with all other unsecured and unsubordinated indebtedness of T-Mobile USA issued from time to time. Each New T-Mobile Note will be fully and unconditionally guaranteed by the Guarantors. The Guarantors' guarantee will rank pari passu with the Guarantors' other unsecured and unsubordinated indebtedness for borrowed money. The New T-Mobile Notes offered will be structurally subordinated to all existing and future obligations of any of T-Mobile USA's non-guarantor subsidiaries and any subsidiaries that T-Mobile USA may in the future acquire or establish. T-Mobile USA has applied to list the New 2069 Notes, the New March 2070 Notes and the New June 2070 Notes on Nasdaq's U.S. Bond Exchange. If the application is approved, the Company expects trading in such notes on Nasdaq's U.S. Bond Exchange to begin on the original issue date or promptly thereafter. T-Mobile USA does not intend to apply for the New 2033 Notes to be listed on any securities exchange or to arrange for the New 2033 Notes to be quoted on any quotation system. USCC has advised the Company that, as of the date hereof, it does not currently intend to redeem any of the remaining Old USCC Notes. However, in the future, USCC may redeem or otherwise repurchase Old USCC Notes that are not tendered in the exchange offers, as described in the Prospectus under the heading 'Risk Factors—Risks Relating to the Exchange Offers and Consent Solicitations— USCC may redeem or otherwise repurchase any Old USCC Notes that are not tendered in the exchange offers on terms that are more favorable to the holders of the Old USCC Notes than the terms of the exchange offers.' USCC may, in its sole discretion, delist any of the Old USCC 2069 Notes, Old USCC March 2070 Notes and/or Old USCC June 2070 Notes from the New York Stock Exchange, as described in the Prospectus under the heading 'Risk Factors— Risks Relating to the Exchange Offers and Consent Solicitations— The Old USCC 2069 Notes, Old USCC March 2070 Notes and Old USCC June 2070 Notes may be delisted from the New York Stock Exchange.' The description above includes only a summary of certain key terms of the Exchange Offers, Consent Solicitations and the New T-Mobile Notes. A Registration Statement on Form S-4, including a prospectus and consent solicitation statement forming a part thereof (the 'Prospectus'), which is subject to change, relating to the issuance of the New T-Mobile Notes has been filed with the Securities and Exchange Commission (the 'SEC') (the 'Registration Statement'). If and when issued, the New T-Mobile Notes will be registered under the Securities Act of 1933, as amended. Copies of the Prospectus pursuant to which the Exchange Offers and Consent Solicitations are being made may be obtained from D.F. King & Co., Inc., the information agent and exchange agent for the Exchange Offers and Consent Solicitations. Requests for documentation and questions regarding procedures for tendering the Old USCC Notes can be directed to D.F. King & Co., Inc. at (888) 605-1958 (for information U.S. Toll-free) or (212) 269-5550 (information for banks and brokers). Questions regarding the terms and conditions of the Exchange Offers and Consent Solicitations should be directed to the dealer managers, Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC, at Morgan Stanley & Co. LLC, 1585 Broadway, New York, New York 10036, Attention: Global Debt Advisory Group, Collect: (212) 761-1057, Toll Free: (800) 624-1808, Email: lmny@ and Wells Fargo Securities, LLC, 550 South Tryon Street, 5th Floor, Charlotte, North Carolina 28202, Collect: (704) 410-4235, Toll Free: (866) 309-6316, Email: liabilitymanagement@ Attention: Liability Management Group, respectively. The effectiveness of the Consent Solicitations are subject to the receipt of the Requisite Consents for each series of Old USCC Notes being tendered. The consummation of each Exchange Offer is subject to, and conditioned upon, the satisfaction or, where permitted, waiver of certain conditions, including, among other things, (i) the Registration Statement having been declared effective by the SEC and not being subject to a stop order by the SEC, (ii) the closing of the Acquisition (as defined in the Prospectus) and (iii) the absence of any actual or threatened legal impediment to the acceptance for exchange of, or exchange of, the Old USCC Notes. The Exchange Offers and Consent Solicitations are being made only by and pursuant to the terms and subject to the conditions set forth in the Prospectus, which forms a part of the Registration Statement, and the information in this press release is qualified by reference to such Prospectus and the Registration Statement. This press release is for informational purposes only and is not an offer to buy or sell or the solicitation of an offer to sell with respect to any securities. The solicitation of offers to exchange the Old USCC Notes for New T-Mobile Notes is only being made pursuant to the terms of the Exchange Offers. The Company is not making an offer of New T-Mobile Notes in any jurisdiction where the Exchange Offers are not permitted, and this press release does not constitute an offer to participate in the Exchange Offers to any person in any jurisdiction where it is unlawful to make such an offer or solicitations. Holders of the Old USCC Notes are urged to carefully read the Prospectus before making any decision with respect to the Exchange Offers and Consent Solicitations. None of the Company, T-Mobile USA, the dealer managers, the trustee with respect to any series of Old USCC Notes, the trustee with respect to any series of New T-Mobile Notes, the information agent and exchange agent for the Exchange Offers or any affiliate of any of them makes any recommendation as to whether holders of the Old USCC Notes should exchange their Old USCC Notes for New T-Mobile Notes in the Exchange Offers, and no one has been authorized by any of them to make such a recommendation. Holders of the Old USCC Notes must make their own decision as to whether to tender Old USCC Notes and, if so, the principal amount of Old USCC Notes to tender. This press release is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful. About the Company T-Mobile US, Inc. is America's supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile's customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Mint Mobile. For more information please visit: Forward-Looking Statements This press release contains forward-looking statements that are based on the Company's management's current expectations. Such statements include, without limitation, statements about the Exchange Offers and Consent Solicitations and the planned issuance of the New T-Mobile Notes. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including, without limitation, prevailing market conditions 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 the Company and its results is included in the Company's filings with the SEC, which are available at
