Ryan Reynolds’ Mint Mobile Acquired By T-Mobile For $1.3 Billion

The actor will continue to serve as a spokesperson for the brand.

Wednesday it acquired Mint Mobile, a budget wireless provider backed by actor Ryan Reynolds, in a deal worth up to $1.35 billion.... [+]Getty ImagesT-Mobile, the second-largest wireless provider in the country, is acquiring Ka’ena Corporation and its subsidiaries Mint Mobile, Ultra mobile and Plum, a wholesaler.

T-Mobile will pay $1.35 billion, through 39% cash and 61% stock, to acquire the brand, according to the statement. Reynolds, an owner and spokesman for Mint Mobile who starred in the provider’s commercials “will continue on in his creative role,” the announcement read.

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