Ryan Reynolds owned 25% of the company Mint Mobile and it was bought by the company T-Mobile for a maximum amount of 1.35 billion dollars. This is a huge amount of money, and Reynolds’ part could help him with his desire to invest in the Ottawa Senators.
The deal will be formalized within the next year, and T-Mobile also gets Ka’ena Corp. and its subsidiaries, as well as its Mint Mobile, Ultra Mobile international wireless service and Plum wholesale brands.
Ryan Reynolds’ Mint Mobile Acquired By T-Mobile For $1.3 Billion https://t.co/hyaqWFLgOI pic.twitter.com/zxkZLNxsZi
— Forbes (@Forbes) March 15, 2023
T-Mobile believes it could “leverage Mint’ s leading digital marketing expertise as part of its expanded portfolio to reach new customer segments and geographies.”
Unsurprisingly, Mint Mobile founders David Glickman and Rizwan Kassim will remain with T-Mobile to manage the brands, which will be separate business units. In Reynolds’ case, he will retain his role as Mint spokesperson.
I only want the best for Mint Mobile customers. Think I’ve found it. pic.twitter.com/nSNmGKLmN2
— Ryan Reynolds (@VancityReynolds) March 15, 2023