T-Mobile officially finalized the $1.35 billion deal to acquire Mint Mobile, according to a press release from the telecom company. The deal was first announced in March 2023 but had to clear regulatory approval. The U.S. Federal Communications Commission gave approval to the deal last week after T-Mobile pledged to let existing Mint customers switch providers for 60 days after the acquisition.
Ryan Reynolds, the face of Mint Mobile who became owner of 25% of the company in 2019, is expected to take home at least $300 million, according to estimates from the Wall Street Journal calculated late last year. Reynolds, who often makes jokes as part of Mint’s advertising campaigns, joked about “Gary in Finance” while announcing the final deal. “I am so proud of the entire Mint Mobile team.
Mint Mint Mobile Gary Deutsche Telekom T-Mobile UK EE Limited Orange S.A. Mobile Virtual Network Operators T-Mobile Polska Business Finance T-Mobile US Intuit Mint U . S . Federal Ultra Mobile Ryan Reynolds Technology Internet Gizmodo
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