Ryan Reynold’s Sells Mobile Company ‘Mint Mobile’ For $1.3 Billion

Seema Rai
Seema Rai

Ryan Reynolds is “extremely thrilled and grateful” that T-Mobile is buying his cellphone startup. The 46-year-old actor bought a minority investment in Mint Mobile in 2019. He will continue in his “creative role on behalf of Mint” when the $1.35 billion transaction is completed. “I never envisioned owning a mobile company, let alone selling it to T-Mobile,” Ryan remarked on Twitter. “Life is strange, and I’m quite proud and happy about it. #MintMobile.”

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The wireless carrier in the United States made the announcement that it is acquiring the brands’ sales, marketing, digital, and service activities. It intends to use its supplier ties and distribution scale to assist build the brand. As well as to offer competitive pricing and a larger device assortment to more U.S. consumers looking for low-cost options.

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Mint Mobile founders David Glickman and Rizwan Kassim will continue at T-Mobile to oversee the brands, which will “usually” operate as a separate business unit when the deal finishes. T-Mobile CEO Mike Sievert stated that the company intends to expand Mint’s already successful digital direct-to-consumer business.



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In 2018, the Hollywood actor founded the production firm Maximum Effort and purchased a stake in Aviation American Gin. Ryan has now acknowledged his business partners for their help throughout the years. Ryan also co-owns the Welsh soccer team Wrexham AFC with ‘It’s Always Sunny in Philadelphia’ star Rob McElhenney. The actor previously revealed that he met Rob over social media.

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