T-Mobile Is About to Buy Mint Mobile, Which Is Owned By Ryan Reynolds

[{"selector":"#anim-d04647be-6dfa-4ea1-a568-2c8fed8328ed [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(21.51910440062411%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] BY JAMES SCOTT/ March 16, 2023 Learn more

[{"selector":"#anim-22b8b640-df73-4f35-9a55-068d2e32997a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(20.65335823241994%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] U.S. carrier T-Mobile today disclosed its intention to acquire Mint Mobile, the budget-friendly smartphone company supported and pushed by actor Ryan Reynolds. T-Mobile

[{"selector":"#anim-cf7e24b0-4293-42a5-8a1c-374168b7d7b6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(20.65335823241994%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Reynolds and Mike Sievert, CEO of T-Mobile, collaborated on a video to notify customers about the transaction. T-Mobile

[{"selector":"#anim-b8360445-ba8c-4b66-a001-80004a377a81 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(20.65335823241994%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] T-Mobile will pay up to $1.35 billion for Ka'ena Corporation, the parent company of Mint Mobile, Ultra Mobile, and Plum. T-Mobile

[{"selector":"#anim-eaefbebd-60c0-4865-9cb3-eab705ab06ab [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(20.65335823241994%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] The payment is split as follows: 39 percent cash and 61 percent stock. The deal is for Ka'ena Corporation. After the transaction has been finalized later this year, the purchase price will be finalized at that time. T-Mobile

[{"selector":"#anim-dbc13e32-f4b9-415f-938b-5d7440a73bef [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(20.65335823241994%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] T-Mobile intends to keep offering Mint Mobile's $15 monthly plan, which includes unlimited texts and calls and 4GB of high-speed 4G or 5G data. Mint Mobile's sales, marketing, digital, and customer service divisions are being acquired by T-Mobile. T-Mobile

[{"selector":"#anim-f32d4e42-0f84-4d57-aa3a-284cd5d06376 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(20.65335823241994%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] It claims that it will benefit from T-distribution Mobile's network and supplier connections to expand. T-Mobile

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