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.

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.

Mint Mobile, partly owned by Canadian actor Ryan Reynolds, is being acquired by T-Mobile as part of a cash-and-stock deal worth as much as $1.35 billion.

THE CANADIAN PRESS/AP-Invision-Charles Sykes Actor Ryan Reynolds attends a premiere at The Shed at Hudson Yards on Tuesday, Dec. T-Mobile US Inc.

(Bloomberg) -- T-Mobile US Inc. is buying Mint Mobile, the budget wireless provider partly owned by actor Ryan Reynolds, for as much as $1.35 billion in an ...

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. The shares rose 1% to $144.42 at the close on Wednesday. The business has no stores, and sells phones and mobile plans entirely online. The second-largest US wireless provider is acquiring Mint’s closely held parent company, Ka’ena Corp., with a combination of 39% cash and 61% stock, according to a statement Wednesday. The companies didn’t disclose Mint’s subscriber count.

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

T-Mobile recently revealed it's acquiring Ryan Reynolds' company Mint Mobile. Scroll on to learn more about the deal and to see how the actor hilariously ...

And when Ryan assured fans that Mint Mobile's "incredibly improvised and borderline reckless messaging strategy will also remain untouched," Mike pointed out he didn't remember anything about the word "reckless." It looks like the purchase cost a pretty penny too. I am so proud of the entire Mint team and so excited for what's to come." "Well, I wouldn't call it a family, Mike. [Wrexham AFC](https://www.eonline.com/news/1350468/blake-lively-and-daughters-make-appearance-at-ryan-reynolds-soccer-game-in-welcome-to-wrexham), he's starring in [Deadpool 3 ](https://www.eonline.com/news/1364919/ryan-reynolds-celebrates-new-addition-to-his-family-his-deadpool-family)and [recently welcomed his fourth child with Blake](https://www.eonline.com/news/1357810/blake-lively-gives-birth-welcomes-baby-no-4-with-ryan-reynolds). "We are so happy T-Mobile beat out an aggressive last-minute bid from my mom Tammy Reynolds as we believe the excellence of their 5G network will provide a better strategic fit than my mom's slightly-above-average mahjong skills. Reynolds](https://www.eonline.com/news/710885/ryan-reynolds-mourns-the-death-of-his-father-james-reynolds-and-shares-a-heartwarming-childhood-photo) died in 2015, said, later giving Mike a hug and joking, "Nice to have a new dad." [joke around](https://www.eonline.com/news/1309132/according-to-ryan-reynolds-its-actually-special-to-be-trolled-by-him-online) with his wife [Blake Lively](https://www.eonline.com/news/blake_lively) and pal [Hugh Jackman](https://www.eonline.com/news/hugh_jackman) online. Family is a place for misdirected hopes and dreams. [Deadpool](https://www.eonline.com/news/1348360/deadpool-3-director-teases-whether-adam-projects-walker-scobell-will-appear-in-the-movie) star replied. [Tammy Reynolds](https://www.eonline.com/news/954902/how-ryan-reynolds-mom-helps-him-squeeze-into-his-deadpool-costume)! [press release](https://www.t-mobile.com/news/business/t-mobile-to-acquire-mint-and-ultra-mobile).

T-Mobile announced Wednesday it acquired Mint Mobile, a budget wireless provider backed by actor Ryan Reynolds, in a deal worth up to $1.35 billion.

Diageo [said](https://www.diageo.com/en/news-and-media/press-releases/2020/diageo-to-acquire-aviation-gin-and-davos-brands) Reynolds and co-owner Davos Brands would keep “an ongoing ownership interest” in the company. [had](https://www.cnbc.com/2020/08/17/diageo-to-buy-ryan-reynolds-backed-aviation-gin-for-610-million.html) an “unspecified minority stake,”—for $335 million upfront, and an additional $275 million, depending on the company’s performance through the next 10 years. That year, his wife Blake Lively launched her drink line Betty Buzz [in partnership](https://www.forbes.com/sites/jeffconway/2022/05/17/blake-lively-talks-betty-buzz-and-dominating-the-mixer-drink-industry/?sh=79357b94518b) with Maximum Effort. [Ryan Reynolds-Backed Mint Is Bought by T-Mobile for $1.35 Billion](https://www.bloomberg.com/news/articles/2023-03-15/t-mobile-buys-mint-mobile-for-1-35-billion-keeping-ryan-reynolds-spokesman?srnd=premium&sref=h6OFVeND#xj4y7vzkg) (Bloomberg) The Deadpool star owns roughly 25% of Mint Mobile, That’s roughly how much Reynolds earned from the sale.