T-Mobile acquires Mint, partially owned by Ryan Reynolds
T-Mobile’s purchase of Ka’ena Corp. will give it access the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum. The brands, which already use T-Mobile for their network, will be run as a separate business unit.
The U.S. wireless carrier said Wednesday that it is acquiring the brands’ sales, marketing, digital and service operations. It plans to use its supplier relationships and distribution scale to help grow the brands and offer competitive pricing and greater device inventory to more U.S. consumers seeking low cost offerings.
T-Mobile CEO Mike Sievert said the company plans to give a boost to Mint’s already successful digital direct-to-consumer business. Mint founders David Glickman and Rizwan Kassim will stay on at T-Mobile after the transaction is complete to manage the brands. Reynolds, meanwhile, will remain in his creative role for Mint.
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T-Mobile to buy owner of Ryan Reynolds-backed Mint Mobile for $1.35BThe deal also includes Ka\u0027ena\u0027s Ultra Mobile wireless unit that offers international calling services, as well as wholesaler Plum.
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T-Mobile to buy owner of Ryan Reynolds-backed Mint Mobile for $1.35BThe deal also includes Ka\u0027ena\u0027s Ultra Mobile wireless unit that offers international calling services, as well as wholesaler Plum.
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Ryan Reynolds’ Mint Mobile Sells For $1.3 Billion To T-MobileIt looks like Ryan Reynolds has scored a big payday. This week, the cellular provider Mint Mobile, in which the Canadian actor owns a minority stake, was acquired by telecom giant T-Mobile, according to The Hollywood Reporter. [readmore label='READ MORE: ' link='https://etcanada.com/news/976598/2023-juno-awards-ryan-reynolds-introducing-nickelback-is-literally-all-of-us/' text='2023 Juno Awards: Ryan Reynolds Introducing Nickelback Is Literally All Of Us'] At this…
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T-Mobile scoops up owner of Ryan Reynolds-backed Mint Mobile for US$1.35BT-Mobile US Inc. said on Wednesday it would buy Ka'ena Corp, the owner of Ryan Reynolds-backed budget service provider Mint Mobile, for up to US$1.35 billion, as the telecom operator looks to maintain growth in a competitive market.
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T-Mobile acquires Mint, partially owned by Canadian actor Ryan Reynolds - BNN BloombergMint Mobile, partly owned by Canadian actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $1.35 billion.
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T-Mobile acquires Mint, partially owned by Ryan ReynoldsMint Mobile, partly owned by actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $1.35 billion. T-Mobile's purchase of Ka’ena Corp. will give it access the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum. The brands, which already use T-Mobile for their network, will be run as a separate business unit. “I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile.' Reynolds said in a twe
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