T-Mobile acquires Mint, partially owned by Ryan Reynolds

The U-S wireless carrier said Wednesday that it is acquiring the brands’ sales, marketing, digital and service operations.

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 U.S. consumers seeking low cost offerings. T-Mobile US Inc. 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 CEO Mike Sievert said the company plans to give a boost to Mint's already successful digital direct-to-consumer business. Mint founders David Glickman and Rizwan Kassim will stay on at T-Mobile after the transaction is complete to manage the brands.The actual price of the deal will depend on Ka’ena Corp.’s performance during certain periods before and after the closing.T-Mobile, based in Bellevue, Washington, became one of the largest cellphone service carriers in the U-S in 2020 after buying rival Sprint.

Too bad since T-mobile will probably raise prices.

Please please please buy the sens now.

Is he raising more money to buy the Senators ? He is already on top of the list of possible future owners. Many Ford folks will not be happy if he won the Senators

Reynolds is offloading to have cash in hand for Sen’s offer.

Good for him. 😊

Dead Pools of money

Someone wants to buy a hockey team

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