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Ryan Reynolds's Mint Mobile To Be Acquired By T-Mobile For Up To $1.35 Billion

Mint Mobile, the prepaid wireless brand in which Ryan Reynolds holds a minority ownership stake, has been acquired by T-Mobile in a deal worth up to $1.35 billion. Under the deal, expected to close later this year, T-Mobile will acquire Ka’ena Corp. and its subsidiaries and brands: Mint Mobile, international wireless service Ultra Mobile and wholesaler Plum. T-Mobile said it will be able “to leverage Mint’s industry-leading digital [direct-to-consumer] marketing expertise as part of its broader portfolio to reach new customer segments and geographies.” Following the deal’s close, Reynolds will continue in his creative role as a spokesman for Mint. The actor owns a roughly 25% stake in Mint.

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