Ryan Reynolds

T-Mobile CEO Mike Sievert said the telecom giant would use its size and resources to "supercharge" Mint, which is best known for ads starring the actor who ...

The cash-and-stock deal, which includes two other brands, is worth $1.35 billion. Reynolds will continue on in his creative role for Mint, and Mint founders David Glickman and Rizwan Kassim will continue to operate the brands as a mostly separate business unit, T-Mobile said. Under the terms of the deal, T-Mobile will buy Ka'ena Corp., the parent company for Mint Mobile, a wireless service specializing in international calls named Ultra Mobile and wireless wholesaler Plum.

The actor will continue on in his creative role on behalf of Mint, according to T-Mobile.

The high-end gin company generated buzz after mocking a widely panned Peloton ad in 2019. The jokes continued in the T-Mobile press release. The "Deadpool" star appeared in

Ryan Reynolds will continue as spokesman for Mint, the budget wireless provider in which he owns a 'significant' stake.

Reynolds also co-owns the Welsh soccer team Wrexham AFC, which has been featured in a documentary series on the FX network. The service is provided by T-Mobile already as part of a wholesale network-sharing agreement. Now the challenge will be getting them to sign up. Mint will be “slightly accretive” to adjusted earnings before interest, taxes, depreciation and amortization. The sale talks were The second-largest U.S.

The actor joked that T-Mobile had beaten out an “aggressive” bid for the company from his mom.

“Over the long-term, we’ll benefit from applying the marketing formula Mint has become famous for across more parts of T-Mobile,” he said. “I am so proud of the entire Mint team and so excited for what’s to come.” The final price will be dependent on Ka’ena’s performance before and after the deal is closed. [Diageo](https://fortune.com/company/diageo/) [purchased Aviator Gin](https://fortune.com/2020/08/17/diageo-aviation-gin-ryan-reynolds-celebrity-liquor/)—a liquor brand co-owned by the actor—for up to $610 million. [starred](https://www.youtube.com/watch?v=_vIN2OJKnfg) in Mint Mobile’s TV commercials and [pushed the firm heavily](https://fortune.com/2022/06/22/how-ryan-reynolds-accidentally-became-marketing-industry-powerhouse-deadpool-aviation-gin/) to his millions of social media followers. [T-Mobile](https://fortune.com/company/t-mobile/) is set to buy Mint Mobile—the wireless provider in which he holds [an estimated 25% stake](https://finance.yahoo.com/news/ryan-reynolds-mint-mobile-acquired-132003273.html)—as part of a deal worth more than $1 billion.

Mint Mobile, partly owned by B.C. actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $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 U.S. The transaction is targeted to close later this year. “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. will give it access to the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum. wireless carrier said Wednesday that it is acquiring the brands’ sales, marketing, digital and service operations. The brands, which already use T-Mobile for their network, will be run as a separate business unit.

Ryan Reynolds' Mint Mobile prepaid wireless brand has been acquired by T-Mobile in a deal worth up to $1.35 billion.

T-Mobile said it does not currently expect the transaction to have any impact on the company’s 2023 financial guidance or its ongoing stock repurchase program. On social media, Reynolds shared a video (produced by his Maximum Effort advertising and production company) featuring Sievert. I am so proud of the entire Mint team and so excited for what’s to come.” “Mint Mobile is the best deal in wireless and today’s news only enhances our ability to deliver for our customers,” Reynolds said in a statement. T-Mobile will pay up to a maximum of $1.35 billion in a combination of 39% cash and 61% stock to acquire Ka’ena. Under the pact, expected to close later this year, T-Mobile will acquire Ka’ena Corp.

T-Mobile is buying Mint Mobile, the budget wireless provider part owned by actor Ryan Reynolds, for as much as $1.35 billion in an effort to bolster its ...

The service is provided by T-Mobile already as part of a wholesale network-sharing agreement. Reynolds also co-owns the Welsh soccer team Wrexham AFC, which has been featured in a documentary series on the FX network. Gifts processed in this system are not tax deductible, but are predominately used to help meet the local financial requirements needed to receive national matching-grant funds. Mint will be “slightly accretive” to adjusted earnings before interest, taxes, depreciation and amortization. The companies didn’t disclose Mint’s subscriber count. The sale talks were first reported by Bloomberg News in January.

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.

[for a three-month trial period](https://www.mintmobile.com/product/03-month-small-sim-card-plan/) currently starts at $15 per month for unlimited talk and text and up to 4 GB of data per month. "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. Since Mint relies on T-Mobile’s network, phones that are compatible with the carrier work best. T-Mobile plans to pay up to $1.35 billion in cash and stock and close the deal later this year, with the final price dependent on Ka’ena’s performance. Reynolds will also remain and “continue on in his creative role on behalf of Mint.” consumers, according to a statement from T-Mobile. hype](https://www.usatoday.com/story/tech/columnists/2023/01/31/5-g-internet-verizon-att-tmobile/11149918002/) [is really good – but read the fine print](https://www.usatoday.com/story/tech/talkingtech/2019/02/05/mint-mobiles-20-wireless-plan-great-deal-heres-how-compares/2778722002/) [Bailey Schulz](https://www.usatoday.com/staff/5190697001/bailey-schulz/) on Twitter [@bailey_schulz](https://twitter.com/bailey_schulz?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor) and subscribe to our [free Daily Money newsletter here](https://profile.usatoday.com/newsletters/the-daily-money/) for personal finance tips and business news every Monday through Friday. [including Mint Mobile](https://www.usatoday.com/story/tech/talkingtech/2019/02/05/mint-mobiles-20-wireless-plan-great-deal-heres-how-compares/2778722002/), the wireless service Ultra Mobile and wholesaler Plum. [To use Mint,](https://www.mintmobile.com/why-mint-mobile/) customers order a [SIM card](https://www.mintmobile.com/help/how-to-activate-and-keep-phone-number/#:~:text=Download%20the%20Mint%20Mobile%20app,SIM%20card%20and%20tap%20%E2%80%9CContinue%E2%80%9D), install the card on a phone and activate it with a smartphone app or Mint's website. [is set to purchase prepaid wireless brand](https://www.t-mobile.com/news/business/t-mobile-to-acquire-mint-and-ultra-mobile) Mint Mobile but says the brand’s low monthly rate – as well as its marketing from part-owner and actor Ryan Reynolds – are here to stay.

Mint Mobile, which launched in 2016, is known as a cheaper alternative to expensive mobile plans. The actor Ryan Reynolds purchased an ownership stake in ...

Our North Star is anti-aspiration items.” “Phone service is an essential service,” he said. Also that year, Diageo, a beverage company, announced that it had [acquired Aviation American Gin](https://www.diageo.com/en/news-and-media/press-releases/2020/diageo-to-acquire-aviation-gin-and-davos-brands), a gin company co-owned by Mr. Mint Mobile, which launched in 2016, is known as a cheaper alternative to expensive mobile plans. Mr. Reynolds, and other spirits brands in a deal for up to $610 million.

Mint Mobile, partly owned by actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $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 U.S. The transaction is targeted to close later this year. will give it access the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum.

The same day it was announced that T-Mobile is acquiring Ryan Reynolds' wireless brand Mint Mobile, the actor was seen on a stroll with wife Blake Lively.

[sweet shout-out to his loved ones](https://www.eonline.com/news/1356357/ryan-reynolds-gushes-about-my-heart-blake-lively-and-daughters-during-peoples-choice-awards-speech) at the [2022 People's Choice Awards](https://www.eonline.com/shows/peoples_choice_awards). News App](https://eonline.onelink.me/ItsS/1b3e9f57) Blake also has a non-alcoholic [sparkling mixers brand called Betty Buzz](https://www.eonline.com/news/1303652/the-sweet-way-blake-livelys-new-business-honors-her-daughter-and-late-father) in addition to her movie career. [acquiring](https://www.eonline.com/news/1368137/ryan-reynolds-sells-mobile-company-in-jaw-dropping-s1-35-billion-deal) Ryan's prepaid wireless brand Mint Mobile. "Mint Mobile is the best deal in wireless and today's news only enhances our ability to deliver for our customers," Ryan, who will keep his creative role on behalf of Mint, said in a press release statement. T-Mobile noted in the release that it "will pay up to a maximum of $1.35 billion in a combination of 39% cash and 61% stock to acquire Ka'ena."

Ryan Reynolds and Blake Lively recently welcomed their forth child and while they are yet to reveal the gender of their newborn, the Deadpool actor has made ...

Ryan and Blake revealed the arrival of their latest child in the most subtle way. [Sign up to our HELLO! He added: "They have wisdom and strength. If anything got crazy or scary in my life, they're the first people that I would lean on." I like doing the girl stuff." I like just being here with the girls.

The 'Deadpool' actor is fast approaching billionaire status.

The 'Gossip Girl' alum is giving us a masterclass in bed-to-street dressing.

T-Mobile, the nation's third-largest mobile carrier, acquires Ryan Reynolds' Mint Mobile.

“Mint Mobile is the best deal in wireless and today’s news only enhances our ability to delivery for our customers,” Reynolds said in the statement. I am so proud of the entire Mint team and so excited for what’s the come.” We think customers are really going to win with a more competitive and expansive Mint and Ultra.”

Mint Mobile, partly owned by actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $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 U.S. The transaction is targeted to close later this year. will give it access the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum.