Who Owns Mint Mobile? It's Not Who You Think

In a surprising move, T-Mobile has announced its acquisition of Mint Mobile, the popular budget wireless provider founded by David Glickman and Rizwan Kassim in 2016. The deal is expected to close later this year, with the final price dependent on Ka'ena's performance.

But what's more surprising than the acquisition itself is the identity of one of the key stakeholders involved - none other than Hollywood star Ryan Reynolds. Yes, you read that right! Reynolds, known for his witty humor and charming screen presence, purchased a minority ownership stake in Mint Mobile back in 2019.

So, why did Reynolds invest in a wireless company? In his own words, he called it 'a bit unconventional' at the time. But he believes that Mint's mission to provide affordable, premium wireless services is one that resonates with people from all walks of life. And now, as part of T-Mobile's acquisition, Reynolds will stay on in his creative role as a spokesperson for Mint.

T-Mobile hopes to boost its own prepaid services with the acquisition of Mint Mobile, which has gained popularity among consumers looking for affordable wireless plans without compromising on quality. In fact, Mint's $15 per month pricing plan is expected to remain unchanged after the acquisition.

So, who owns Mint Mobile now? Well, T-Mobile will acquire Ka'ena Corporation, the parent company of Mint Mobile, in a deal worth up to $1.35 billion. Reynolds will still be involved with the brand, albeit in a different capacity. It's clear that his investment in Mint has paid off, and he'll likely have a nice payday as part of the acquisition.

The acquisition is expected to close later this year, with T-Mobile hoping to leverage Mint's marketing expertise to boost its own prepaid services. As for Reynolds, he remains committed to promoting Mint's mission of providing affordable wireless services to consumers everywhere.

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