Mint mobile stock robinhood11/25/2023 ![]() US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account – CNN’s Allen Kim contributed to this report. The deal is expected to close later this year, with the final price dependent on Ka’ena’s performance. “Over the long-term, we’ll also benefit from applying the marketing formula Mint has become famous for across more parts of T-Mobile.” wrote Sievert. The brand’s two founders will also stay on to manage what “will generally operate as a separate business unit,” according to the release. CEO Mike Sievert assured customers that Mint’s $15 per month pricing plan would stay in place in a YouTube video Wednesday featuring Reynolds. T-Mobile hopes to boost its own prepaid services with the acquisition of Mint Mobile. In his 2019 statement, Reynolds said he was “excited to champion a more practical approach to the most essential technology.” ![]() ![]() Mint Mobile was created in 2016 with the goal of delivering an “affordable, premium wireless” service direct to consumers, according to its website. “Celebrities generally invest in high-end products like skincare brands or delicious gin companies,” he said. When Reynolds bought a stake in Mint, he called the decision “a bit unconventional” in a statement at the time. “Life is strange and I’m incredibly proud and grateful.” “I never dreamt I’d own a wireless company and I certainly never dreamt I’d sell it to T-Mobile,” Reynolds wrote on Twitter Wednesday. Reynolds, who purchased a minority ownership stake in Mint Mobile in 2019, will stay on in his “creative role on behalf of Mint,” where he serves as a spokesperson, according to a press release announcing the deal. The acquisition of Mint Mobile’s parent Ka’ena Corporation will also include Ultra Mobile, an international calling service, and wireless wholesaler Plum. T-Mobile announced Wednesday that it’s buying budget wireless provider Mint Mobile in a larger deal for up to $1.35 billion. Ryan Reynolds is about to have a nice payday.
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