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last year

T-Mobile to Buy Mint Mobile From Ryan Reynolds

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Wibbitz Top Stories
T-Mobile to Buy Mint Mobile , From Ryan Reynolds.
CNN reports that T-Mobile made the announcement on March 15.
The $1.35 billion deal includes Mint Mobile's parent company, Ka'ena Corporation, international calling service Ultra Mobile and Plum, a wireless wholesaler.
Reynolds will retain his "creative role on behalf of Mint," according to a press release.
Mint Mobile debuted in 2016
with the intention of providing an
"affordable, premium wireless" service.
Reynolds bought a minority
ownership stake in 2019.
At the time, he said he was
"excited to champion a more practical approach to the most essential technology.".
Reynolds took to Twitter to announce the deal with T-Mobile, saying, "I only want the best for Mint Mobile customers. Think I've found it.".
CNN reports that T-Mobile hopes the
acquisition will bolster its own prepaid services.
CEO Mike Sievert said Mint's pricing
plan of $15 a month will be kept.
Over the long-term, we’ll also benefit from applying the marketing formula Mint has become famous for across more parts of T-Mobile, Mike Sievert, T-Mobile CEO, via YouTube video
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1 year ago