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Mint Mobile, the prepaid carrier owned in part by valid Ryan Reynolds, could soon be sold. According to Bloomberg, the matter is "in talks" to be purchased by T-Mobile.
The financial plan provider has made a name for itself in novel years with ads featuring Reynolds pitching Mint as a more affordable option to larger telecom worries like AT&T, Verizon and T-Mobile. A division of Ultra Mobile, Mint Mobile has long been rumored to be up for sale.
T-Mobile didn't currently respond to a request for comment. Mint Mobile declined to comment on speculation.
While Mint Mobile pitches itself as a rival to larger wireless worries, it doesn't run its own 4G LTE or 5G help and instead is an MVNO that operates on T-Mobile's network. That Mint is already using T-Mobile could help make any transitions of customers a bit easier.
It wasn't currently clear whether Ultra Mobile would be sold alongside Mint, or if T-Mobile was just enthusiastic in the latter. It's also unclear whether the Mint Mobile stamp would continue or if it would be folded into anunexperienced T-Mobile-owned brands such as Metro by T-Mobile.
Reynolds rendered part-owner of Mint Mobile in 2019 and has promoted the matter through TV ads he's starred in and social consider posts from his personal 21 million follower Twitter and 47 million follower Instagram supplies, as Bloomberg pointed out. He currently owns about one-fourth of Mint Mobile.
The last principal prepaid brand sale was Tracfone, which Verizon acquired for $6 billion in 2021. The carrier then launched its own prepaid brand, called Total by Verizon, in September 2022 to take on contrast prepaid brands Metro by T-Mobile and AT&T's Cricket Wireless.
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