![]() Mint Mobile said it wasn't able to comment beyond the publicly disclosed information for the sale, while T-Mobile didn't immediately return a request for comment. Based on the sale price, that would value Reynolds' stake at about $340 million. His stake in Mint Mobile represents about 25% of the company, according to Fortune Magazine. Reynolds bought a stake in Mint Mobile in 2019, joking at the time that he would be paying himself $15 a month, about the price for the company's basic wireless plan. Reynolds could earn a payout of more than $300 million from his stake in Mint Mobile, which was sold to telecom giant T-Mobile on Wednesday for up to $1.35 billion. ![]() After taking stakes in businesses like Aviator Gin and Mint Mobile, the Canadian's wealth from dealmaking may far surpass his movie industry earnings. T-Mobile, based in Bellevue, Washington, became one of the country’s largest cellphone service carriers in 2020 after buying rival Sprint.Ryan Reynolds may be best known for his portrayal of the wise-cracking Deadpool, but the actor is also developing a reputation as a savvy investor. New Mint customers: get three months for free Mint Mobile's wishing everyone a very happy Black Friday with one of its best promotions all year.Right now new customers can score a whole three. The transaction is targeted to close later this year. The actual price of the deal will depend on Ka’ena Corp.’s performance during certain periods before and after the closing. Reynolds, meanwhile, will remain in his creative role for Mint. Mint founders David Glickman and Rizwan Kassim will stay on at T-Mobile after the transaction is complete to manage the brands. “We think customers are really going to win with a more competitive and expansive Mint and Ultra.” on the performance of Mint Mobile before and after the sale is finalized. “Over the long-term, we’ll also benefit from applying the marketing formula Mint has become famous for across more parts of T-Mobile,” Sievert said. Mint Mobile, LLC is a mobile virtual network operator in the United States owned by T-Mobile US on the T-Mobile network. This week, the cellular provider Mint Mobile, in which the Canadian actor owns. T-Mobile CEO Mike Sievert said the company plans to give a boost to Mint’s already successful digital direct-to-consumer business. The acquisition of Mint Mobile’s parent Ka’ena Corporation. said Mint and Ultra Mobile are complementary to its existing prepaid services, Metro by T-Mobile, T-Mobile branded prepaid and Connect by T-Mobile. T-Mobile announced Wednesday that it’s buying budget wireless provider Mint Mobile in a larger deal for up to 1.35 billion. 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 US consumers seeking low cost offerings. wireless carrier said Wednesday that it is acquiring the brands’ sales, marketing, digital and service operations. #MintMobile- Ryan Reynolds March 15, 2023 Life is strange and I’m incredibly proud and grateful. Mad Money host Jim Cramer talks to Mint Mobile's Ryan Reynolds and T-Mobile CEO Mike Sievert about the latter's acquisition of Mint Mobile. Find low everyday prices and buy online for delivery or in-store pick-up. I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile. Shop for Mint Mobile Unlocked Cell Phones at Best Buy.
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