Given that Mint Mobile and Ultra Mobile (as well as Plum, a wireless wholesaler also owned by Ka'ena) were already running on T-Mobile's network, users of the services shouldn't see any real changes to coverage or performance and devices should continue to function normally.
T-Mobile officially finalized the $1.35 billion deal to acquire Mint Mobile, according to a press release from the telecom company.
T-Mobile has completed its acquisition of Mint Mobile, the carrier partially owned by Ryan Reynolds.
Mint Mobile
The company was acquired by T-Mobile on March 15, 2023 in a deal worth $1.35 billion. According to Yahoo, Reynolds made a cool $330 million from it.
Ryan Reynolds is a billionaire and it wasn't from his acting paychecks.
Actor Ryan Reynolds acquired a stake in the brand from Davos in February 2018. On August 17, 2020, Aviation was sold to Diageo, whose liquor lineup includes the gin Tanqueray, as well as Smirnoff vodka, and Johnnie Walker Scotch whisky. Reynolds still maintains an "ongoing ownership interest" in Aviation.
The most recent valuation available for the North Wales outfit was £9m, as revealed by club director Shaun Harvey in March this year.
T-Mobile entered into a $1.35 billion deal to buy Reynolds-backed wireless carrier Mint Mobile in March 2023. Reynolds sold his gin company, Aviation Gin, for $610 million to European alcohol company, Diageo in 2020.
Mint Mobile is backed by Ryan Reynolds, who is believed to own 20 to 25 percent of the company. The purchase was announced back in March 2023, but the FCC only approved the deal last week.
Intuit's acquisition of Credit Karma, a similar personal finance platform, played a significant role in the decision to close Mint.
Yes, it is possible to keep the number you already have from another wireless or landline carrier.
As a businessman, he holds an ownership stake in Mint Mobile and is a co-owner of Welsh football club Wrexham A.F.C.; the latter is documented in the Emmy Award-winning television series Welcome to Wrexham.
Mint Mobile, a mobile virtual network operator, reported a data breach in December 2023. The incident involved customer information and potential risks related to account security. The company took steps to inform affected customers and addressed the issue with the help of external cybersecurity experts.
The Mint budgeting app officially shut down on March 23, 2024, and users can no longer access their data on the app.
Mint Mobile was launched in 2016 by David Glickman and Ryan Reynolds and currently has around 4 million subscribers (compared with 143 million for Verizon, 110 million for T-Mobile, and 98 million for AT&T).
Ryan Reynolds worth
As of July 2024, Reynolds' current net worth was projected to be around $350 million (£280.8m), according to Celebrity Net Worth.
Reynolds reportedly owned a 25% stake in Mint Mobile at the time of its $1.35 billion sale to T-Mobile, netting the famous actor over $330 million.
The actors, Welcome to Wrexham stars and owners of the football club Wrexham AFC, are selling a minority stake in the club, and also acquiring a local brewery, in a bid to grow the club and its influence. Reynolds and Rob McElhenney are selling the stake to the Allyn family, a wealthy family based in upstate New York.
While revenue was up big, Wrexham posted a net loss of $6.4 million, 76% higher than the year before. Payroll was 71% higher to $6.9 million. The team said these losses would not be repeated and that it now generates enough income to cover operational costs.
Rob McElhenney's earnings explained — how does he make money? Rob McElhenney earns money mainly from his acting career. However, he has also added to his wealth via production, direction, writing, and showrunning work.
I mean after Rob (McElhenney) and Ryan (Reynolds) purchased the team for £2 million GBP ($2.5 million USD) it seems like the two owners are going on a spending spree, NBC New York (click here) reports that McElhenney and Reynolds made numerous loans to the team, Wrexham now owes the Hollywood owners just over £8.6 ...
The actor also co-founded and sold Aviation American Gin for a whopping $610 million, netting as much as $122 million (£96 million) from the deal, according to NationalWorld. Max Mumby/Indigo/Getty Images. But Reynolds doesn't claim to be a 'master investor'.
The movie star has finalized purchasing all 34 locations of The Canadian Brewhouse across western Canada. (This was an April Fools Joke. Ryan Reynolds is not affiliated with The Canadian Brewhouse.)
Prepaid cell phone service Mint Mobile fetched an impressive $1.35 billion when T-Mobile (TMUS) purchased the company this past March.