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March 16, 2023

T-Mobile buys Mint for $1.35B

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

T-Mobile's purchase of Ka'ena Corp. will give it access the budget wireless provider Mint, along with Ultra Mobile and wholesaler Plum. The brands, which already use T-Mobile for their network, will be run as a separate business unit.


 
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