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Press Release

Jan 9, 2002

Sprint Welcomes Yahoo! As a New Customer to its Silicon Valley Internet Center

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Sprint Welcomes Yahoo! As a New Customer to its Silicon Valley Internet CenterKansas City, MO -- Jan. 9, 2002 -- Sprint (NYSE: FON - news, PCS - news) announced today that Yahoo! Inc. (Nasdaq: YHOO - news), has chosen it to be its newest provider of hosting services. Yahoo! will utilize the Sprint E|Solutions' Silicon Valley Internet Center in Northern California for its newest deployment of hosting requirements. (Photo: http://www.newscom.com/cgi-bin/prnh/20001013/SPRINTLOGO )

Headquartered in Sunnyvale, Calif., Yahoo! Inc. is a leading global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 218 million individuals each month worldwide. As the No. 1 Internet brand globally, Yahoo! reaches the largest audience globally. Yahoo! also provides online enterprise solutions designed to enhance the productivity and Web presence of Yahoo!'s clients.

"Sprint demonstrates that it meets our requirements for the reliability, stability, expandability, and flexibility of our hosting needs," said Kevin Timmons, director of operations, Yahoo! Inc. "Sprint E|Solutions provides an Internet Center infrastructure, power scalability, and direct Tier 1 IP backbone connectivity on a highly reliable network that Yahoo! needs to support our growth into the future."

"We are very pleased to have the opportunity to provide our Internet Center services to an Internet leader like Yahoo!," said Keith Paglusch, president, Sprint E|Solutions. "Our Internet Centers were built with just these kinds of business needs in mind. Sprint is a company that is widely recognized for developing, engineering and deploying state of the art technologies, demonstrated by building the United States' first nationwide all-digital, fiber-optic network, and Sprint PCS's operation of the largest 100-percent digital, nationwide PCS wireless network in the United States. Now, we've extended the value of our services by placing our Internet Centers directly on the backbone and designing them for the future. Due to this, Sprint is witnessing a dramatic upswing in customers who demand quality, security, scalability and a Tier-1 brand that stands for long-term survivability."

The Silicon Valley Internet Center offers Sprint's customers application and Web-hosting support, collocation, monitoring and reporting performance, and IT consulting services. Sprint E|Solutions also provides managed services for customers, including Business Continuity Planning, security, and Mobile Computing Solutions.

All of Sprint E|Solutions' Internet Centers sit directly on Sprint's high- speed, fiber-optic Tier 1 IP backbone, enabling performance with unsurpassed reliability needed for mission-critical applications. In addition, Sprint's comprehensive support provides a variety of managed-server applications and transport services, all backed by high quality customer service.

The Silicon Valley Internet Center also features a secure and reliable physical environment to safeguard the data that is at the heart of every business. This world-class facility is custom designed with raised floors, HVAC temperature-control systems and private, locked cabinets and cages. In addition, the Internet Center offers the widest range of physical security features, including smoke detection and fire suppression systems, in-facility security personnel, and a 24x7 secured access system, as well as video surveillance and security breach alarms.

The Silicon Valley facility is a part of Sprint E|Solutions' nationwide footprint of Internet Centers in Atlanta, Boston, Dallas, Denver, Kansas City, Los Angeles, New York City, Reston, Va., and Sacramento, Calif.

Terms of the arrangement were not disclosed.

About Sprint
Sprint is a global communications company serving 23 million business and residential customers in more than 70 countries. With more than 80,000 employees worldwide and $23 billion in annual revenues, Sprint is widely recognized for developing, engineering and deploying state of the art network technologies, including the United States' first nationwide all-digital, fiber-optic network. Sprint's award-winning Tier 1 Internet backbone is being extended to key global markets to provide customers with a broad portfolio of scalable IP products. Sprint's high-capacity, high-speed network gives customers fast, dependable, non-stop access to the vast majority of the world's Internet content. Sprint also operates the largest 100-percent digital, nationwide PCS wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities.

About Yahoo!
Yahoo! Inc. is a leading global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 218 million individuals each month worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach. Yahoo! is the No. 1 Internet brand globally and reaches the largest audience worldwide. Through the Yahoo! Enterprise Solutions division, the company also provides online business and enterprise services designed to enhance the productivity and Web presence of Yahoo!'s clients. The company's global Web network includes 24 World properties. Headquartered in Sunnyvale, Yahoo! has offices in Europe, Asia, Latin America, Australia, Canada and the United States.

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