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Money

T-Mobile to buy Mint Mobile in $1.3bn deal

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Actor Ryan Reynolds owns a minority stake in the wireless provider

 
Ryan Reynolds is about to have a very nice nice payday.

T-Mobile has announced it’s buying budget wireless provider Mint Mobile in a larger deal worth over $1.3 billion.

The acquisition of Mint Mobile’s parent company will also include international calling service, Ultra Mobile and wireless wholesaler, Plum.

Reynolds, who purchased a minority stake in Mint Mobile in 2019, and will stay on in his “creative role” on behalf of the company.

Taking to Twitter, Reynolds says he “never dreamt” he’d own a wireless company and “certainly never dreamt” he would later sell it to T-Mobile.

Mint Mobile was created in 2016 with the goal of delivering an “affordable, premium wireless” service direct to consumers.

At the time, Reynolds said he was “excited to champion a more practical approach to the most essential technology.”

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Money

Recovery on the horizon: investing in growth

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The ‘gloom to soon’ signal points to shares and property gains

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

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Money

Navigating the downturn: investment tips for tough times

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Why the contraction phase calls for cash-focused strategies

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

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Money

Warning signs of the boom: time to cash out?

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How to spot overheating markets and safeguard your investments

Money Minute features finance expert Dr. Steve Enticott from CIA Tax, guiding audiences through practical advice and innovative strategies for financial freedom.

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