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T-Mobile US, Inc. – ‘S-4/A’ on 10/19/18 – ‘EX-8.1’

On:  Friday, 10/19/18, at 5:12pm ET   ·   Accession #:  1193125-18-303201   ·   File #:  333-226435

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

10/19/18  T-Mobile US, Inc.                 S-4/A                 13:5.6M                                   Donnelley … Solutions/FA

Pre-Effective Amendment to Registration of Securities Issued in a Business-Combination Transaction   —   Form S-4
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-4/A       Amendment No. 2 to Form S-4                         HTML   3.42M 
 2: EX-5.1      Opinion re: Legality                                HTML     12K 
 3: EX-8.1      Opinion re: Tax Matters                             HTML     13K 
 4: EX-23.2     Consent of Experts or Counsel                       HTML      6K 
 5: EX-23.3     Consent of Experts or Counsel                       HTML      7K 
 6: EX-99.1     Miscellaneous Exhibit                               HTML      9K 
 7: EX-99.2     Miscellaneous Exhibit                               HTML     10K 
 8: EX-99.3     Miscellaneous Exhibit                               HTML      9K 
 9: EX-99.4     Miscellaneous Exhibit                               HTML      7K 
10: EX-99.5     Miscellaneous Exhibit                               HTML     11K 
11: EX-99.6     Miscellaneous Exhibit                               HTML      8K 
12: EX-99.7     Miscellaneous Exhibit                               HTML     17K 
13: EX-99.8     Miscellaneous Exhibit                               HTML     17K 


EX-8.1   —   Opinion re: Tax Matters


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  EX-8.1  

Exhibit 8.1

[Morrison & Foerster LLP Letterhead]

October 19, 2018

Sprint Corporation

6200 Sprint Parkway

Overland Park, Kansas 66251

Ladies and Gentlemen:

We have acted as special counsel to Sprint Corporation, a Delaware corporation (the “Company”), in connection with the preparation and filing with the Securities and Exchange Commission of a Registration Statement on Form S-4 (Registration No. 333-226435), as amended or supplemented through the date hereof (the “Registration Statement”), initially filed with the Securities and Exchange Commission on July 30, 2018, which includes the Joint Consent Solicitation Statement/Prospectus describing the Business Combination Agreement (the “Combination Agreement”), dated as of April 29, 2018, by and among T-Mobile US, Inc., a Delaware corporation (“Parent”), Huron Merger Sub LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent (“Merger Company”), and Superior Merger Sub Corporation, a Delaware corporation and a wholly owned subsidiary of Merger Company (“Merger Sub”), the Company, Starburst I, Inc., a Delaware corporation, Galaxy Investment Holdings, Inc., a Delaware corporation, and for the limited purposes set forth in the Combination Agreement, Deutsche Telekom AG, an Aktiengesellschaft organized and existing under the laws of the Federal Republic of Germany, Deutsche Telekom Holding B.V., a besloten vennootschap met beperkte aansprakelijkheidraies organized and existing under the laws of the Netherlands, and SoftBank Group Corp., a Japanese kabushiki kaisha. The Combination Agreement and the ancillary documents thereto provide, among other things, for the merger of Merger Sub with and into the Company (the “Merger”), with the Company as the surviving corporation, all on the terms and conditions set forth in the Combination Agreement. You have requested our opinion as to the U.S. federal income tax matters relating to the Company and its shareholders described below. Unless otherwise indicated, capitalized terms used herein have the meanings ascribed to them in the Registration Statement.


In connection with providing our opinion, we have examined the Combination Agreement, the Registration Statement and such other documents, records and papers as we have deemed necessary or appropriate in order to render the opinion set forth herein. In addition, we have assumed that: (i) the Merger and related transactions will be consummated pursuant to and in accordance with the provisions of the Combination Agreement and as described in the Registration Statement (and no transaction, covenant or condition described therein and affecting this opinion will be waived or modified), (ii) the statements concerning the Merger and the parties thereto set forth in the Combination Agreement and the Registration Statement are true, complete and correct and the Registration Statement is true, complete and correct and will remain true, complete and correct at all times up to and including the effective time of the Merger, (iii) all such statements qualified by knowledge, intention, belief or materiality or any comparable qualification are and will be true, complete and correct as if made without such qualification, (iv) the parties to the Combination Agreement have complied with, and if applicable, will continue to comply with, their respective covenants and agreements contained in the Combination Agreement, (v) the Company, Parent, and their respective subsidiaries will treat the Merger for U.S. federal income tax purposes in a manner consistent with the opinion set forth below, (vi) all documents submitted to us as originals are authentic, all documents submitted to us as copies conform to the originals, all relevant documents have been or will be duly executed in the form presented to us and all natural persons who have executed such documents had the requisite legal capacity to execute such documents, and (vii) all applicable reporting requirements have been or will be satisfied. If any of the above described assumptions is untrue or invalid for any reason, or if the Merger is consummated in a manner that differs from the manner described in the Combination Agreement and the Registration Statement, our opinion as expressed below may be adversely affected.

On the basis of the foregoing and in reliance thereon, we hereby confirm that, subject to the assumptions, exceptions, limitations and qualifications set forth herein and described in the Registration Statement, the discussion set forth in the Registration Statement under the caption “MATERIAL U.S. FEDERAL INCOME TAX CONSEQUENCES OF THE MERGER—U.S. Federal Income Tax Consequences of the Merger to U.S. Holders of Sprint Common Stock if the HoldCo Mergers are Consummated,” sets forth our opinion as to the material U.S. federal income tax consequences of the Merger to U.S. Holders of Sprint common stock if the HoldCo mergers are consummated as of the effective date of the Registration Statement.

We express no opinion on any issue or matter relating to the tax consequences of the transactions contemplated by the Combination Agreement or the Registration Statement other than the opinion set forth above. Our opinion is based on current provisions of the Internal Revenue Code of 1986, as amended, Treasury Regulations promulgated thereunder, published pronouncements of the Internal Revenue Service and case law, any of which may be changed at any time, including with retroactive effect. Any change in applicable laws or the facts and circumstances surrounding the Merger and related transactions, or any inaccuracy in the statements, facts, or assumptions upon which we have relied, may affect the continuing validity of our opinion as set forth herein. We assume no responsibility to inform the Company of any such change or inaccuracy that may occur or come to our attention.


We are furnishing this opinion solely in connection with the filing of the Registration Statement and this opinion is not to be relied upon for any other purpose without our prior written consent. We hereby consent to the filing of this opinion with the Securities and Exchange Commission as an exhibit to the Registration Statement, and to the references made therein to us insofar as they relate to statements of law or legal conclusions under the federal income tax laws of the United States or pertain to matters of United States federal income tax law. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, and the rules and regulations of the Securities and Exchange Commission promulgated thereunder.

Very truly yours,

/s/ Morrison & Foerster LLP


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-4/A’ Filing    Date    Other Filings
Filed on:10/19/18
7/30/18S-4
4/29/18
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Filing Submission 0001193125-18-303201   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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