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  • T-Mobile finally owns Ryan Reynolds-backed Mint Mobile

    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...
  • FCC Approves T-Mobile’s Proposed Acquisition of Mint Mobile

    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 Acquires Mint Mobile in $1.35 Billion Deal

    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...