The US Federal Communications Commission (FCC) gave its stamp of approval for T-Mobile’s $1.3 billion deal to buy Mint Mobile and Ultra Mobile.
After more than a year of clearing approvals, T-Mobile has officially acquired Mint Mobile. More broadly, they’ve actually acquired Ka’ena Corporation, which Mint Mobile falls under, as well as a couple of other semi-related brands. Mint is the big one here, though, so let’s talk about what this news means for Mint customers going forward. … Continued Read the original post: Mint Mobile Officially Joins T-Mobile
The United States Federal Communications Commission (FCC) today announced [PDF] that it has fined AT&T, Verizon, and Sprint/T-Mobile $196 million collectively for illegally selling access to customer location information without consent. Sprint and T-Mobile (now merged into T-Mobile) have been fined $12 million and $80 million, respectively. Verizon has been fined almost $47 million, and AT&T has been fined more than $57 million. The FCC first began investigating the four major U.S....
TMUS appears to be a better pick now compared to T, given the solid EPS growth in recent quarters, greater 5G coverage and robust demand for postpaid services.
T-Mobile is set to move forward with its acquisition of Ka'ena Corp, the parent company of budget mobile service providers Mint Mobile and Ultra Mobile, after receiving the green light from the FCC.
T-Mobile has completed its acquisition of Mint Mobile, the carrier partially owned by Ryan Reynolds. In an update on Wednesday, T-Mobile says Mint Mobile will continue to offer its $15 per month / 5GB of data plan (that requires paying for three months upfront), while also offering access to some of T-Mobile’s perks rolling out now and “over the next few months.” The acquisition also includes Ka’ena Corporation, the parent company of Mint Mobile, along with the two other companies under its...
The carrier first announced the acquisition last year.
Over a year after announcing it would acquire Mint Mobile for up to $1.35 billion, T-Mobile has closed the deal. With the Un-Carrier's purchase of parent Ka'ena Corporation, it will not only get Mint, but internationally focused prepaid operator Ultra Mobile and wholesale wireless provider Plum. T-Mobile also promised to keep Mint Mobile's $15 per month/5GB offering that's among the least costly in the US. Mint Mobile is backed by Ryan Reynolds, who is believed to own 20 to 25 percent of the...
It’s official! T-Mobile has received the approval of the Federal Communications Commission (FCC) for its proposed acquisition of Ka’ena Corporation and its assets, Mint Mobile and Ultra Mobile. The Un-carrier previously announced its plans to acquire Ryan Reynolds’ MVNO brand for $1.35 billion. When Mike Sievert announced this, he promised to “work to further their success.” Now that the acquisition has been approved, the transaction is expected to close on May 1. Just a few days ago, ...
T-Mobile officially finalized the $1.35 billion deal to acquire Mint Mobile, according to a press release from the telecom company. The deal was first announced in March 2023 but had to clear regulatory approval. The U.S. Federal Communications Commission (FCC) gave approval to the deal last week after T-Mobile pledged to let existing Mint customers switch providers for 60 days after the acquisition. T-Mobile has also pledged to keep Mint’s $15 per month deal for both new and existing...
T-Mobile successfully acquired Mint Mobile, its parent corporation, and its two siblings. Mobile got larger today as it completed its acquisition of Mint Mobile, the cellular network best known for being partly owned by Canadian Hollywood actor Ryan Reynolds.
The FCC has fined the four major U.S. wireless carriers for failing to protect and selling customers' sensitive location-based data.