ViewT-Mobile announced it is acquiring the Ka’ena Corporation, which includes Mint Mobile and Ultra Mobile, in a deal worth up to $1.35 billion. Ryan Reynolds, an owner of Mint Mobile, shared the news with his followers on Twitter. "I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile," Reynolds tweeted. "Life is strange and I’m incredibly proud and grateful."The acquisition allows T-Mobile to build its portfolio. Mint Mobile found success in the prepaid...
T-Mobile announced Wednesday that it’s buying budget wireless provider Mint Mobile in a larger deal for up to $1.35 billion. The acquisition of Mint Mobile’s parent Ka’ena Corporation will also include Ultra Mobile, an international calling service, and wireless wholesaler Plum. Reynolds purchased a minority ownership stake in Mint Mobile in 2019. He will stay as a
Ryan Reynolds is about to have a nice payday. T-Mobile announced Wednesday
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The acquisition of Mint Mobile's parent company Ka'ena Corporation by T-Mobile will not change Mint's $15-a-month pricing plan, and co-owner Ryan Reynolds will continue with Mint in his creative role.
Just under three and a half years after Ryan Reynolds bought into Mint Mobile and became the public face of the provider, the Deadpool star is set to make a windfall from his investment. T-Mobile has announced an agreement to buy Mint Mobile's parent company Ka’ena for as much as $1.35 billion in cash and stock.The final price will depend on Ka’ena’s performance for a certain period before and after the deal closes, which is expected to happen later this year. Ka’ena also owns Ultra Mobile, a...
After months of rumors, T-Mobile has finally entered a deal that will allow it to buy Mint Mobile.
T-Mobile plans to pay up to $1.35 billion in cash and stock to acquire Mint Mobile. The deal is expected to close later this year.
T-Mobile is acquiring Ka’ena Corporation – the company behind MVNO carriers Mint Mobile and Ultra Mobile in a deal reportedly worth $1.35 billion. The deal will include a 39% cash payment and 61% stock. The transaction will depend on Ka’ena Corporation’s performance in the coming months as well as other contractual reserves and is expected to close later this year. T-Mobile is acquiring Mint and Ultra Mobile’s sales, marketing, digital, and service departments as well as wholesale wireless...
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