T-Mobile buys Ryan Reynolds' Mint Mobile in a $1.35 billion deal

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T-Mobile buys Ryan Reynolds' Mint Mobile in a $1.35 billion deal
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The telecommunications giant T-Mobile announced it's buying the budget cell service provider Mint Mobile — best known for its ads with actor and part-owner Ryan Reynolds. The cash-and-stock deal, which includes two other brands, is worth $1.35 billion.

Actor Ryan Reynolds is part owner of Mint Mobile and stars in ads for the budget cellular carrier which is being sold to T-Mobile.Actor Ryan Reynolds is part owner of Mint Mobile and stars in ads for the budget cellular carrier which is being sold to T-Mobile.The telecommunications giant T-Mobile announced it's buying the budget cell service provider Mint Mobile — best known for its ads with actor and part-owner Ryan Reynolds.

"Over the long-term, we'll also benefit from applying the marketing formula Mint has become famous for across more parts of T-Mobile," Sievert added.

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