Mint Mobile said it wasn't able to comment beyond the publicly disclosed information for the sale, while T-Mobile didn't immediately return a request for comment. Budget wireless provider Mint Mobile, which is partially owned by actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash and stock deal worth up to 1.35bn (1.1bn). T-Mobile has announced that its looking to acquire Mint Mobile in a recent blog post for a whopping 1.35 billion. Based on the sale price, that would value Reynolds' stake at about $340 million. His stake in Mint Mobile represents about 25% of the company, according to Fortune Magazine. Hollywood superstar Ryan Reynolds has seen another business bet pay off, as T-Mobile is set to buy Mint Mobilethe wireless provider in which he holds an estimated 25 stakeas part of a deal. T-Mobile announced Wednesday that it’s buying budget wireless provider Mint Mobile in a larger deal for up to 1.35 billion. Reynolds bought a stake in Mint Mobile in 2019, joking at the time that he would be paying himself $15 a month, about the price for the company's basic wireless plan. Ryan Reynolds is about to have a nice payday. Reynolds could earn a payout of more than $300 million from his stake in Mint Mobile, which was sold to telecom giant T-Mobile on Wednesday for up to $1.35 billion. Sure, Ryan Reynolds is getting ready to get back into the suit of one Wade Wilson for a little upcoming Marvel movie called Deadpool 3, but the star has more going on than his high-profile acting. Mint Mobile, the prepaid wireless brand in which Ryan Reynolds holds a minority ownership stake, has been acquired by T-Mobile in a deal worth up to 1.35 billion. After taking stakes in businesses like Aviator Gin and Mint Mobile, the Canadian's wealth from dealmaking may far surpass his movie industry earnings. Offering premium wireless starting at 15/ mo, we are a phone carrier that connects you to the nations largest 5G. “We think customers are really going to win with a more competitive and expansive Mint and Ultra.Ryan Reynolds may be best known for his portrayal of the wise-cracking Deadpool, but the actor is also developing a reputation as a savvy investor. New York CNN Ryan Reynolds is about to have a nice payday. “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. T-Mobile CEO Mike Sievert said the company plans to give a boost to Mint’s already successful digital direct-to-consumer business. 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. 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. 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. will give it access the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum. Reynolds will continue to appear in Mint Mobile’s ads,” per WSJ. is considering an acquisition of Mint Mobile, the budget wireless provider backed by actor Ryan Reynolds. Mint Mobile, the wireless firm that counts Reynolds as a minority owner, has been acquired by wireless giant T-Mobile in a deal that could value the startup firm at 1.35 billion (the actual payout will depend on the performance of the. Oli ScarffAFP/Getty Images T-Mobile US Inc. Actor and producer Ryan Reynolds has cut his first billion-dollar deal. Meanwhile, the Vancouver native will continue to hold a creative role in T-Mobile and “ the company would keep the Mint Mobile brand. Ryan Reynolds could cash in on Mint Mobile. Gary Bettman says it’s a matter of weeks before Sens are sold.- Eric Engels March 15, 2023
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