T-Mobile to buy Ka'ena, owner of Ryan Reynolds-backed Mint Mobile, for $1.35 billion

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T-Mobile to buy Ka'ena, owner of Ryan Reynolds-backed Mint Mobile, for $1.35 billion
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Telecom operator T-Mobile US Inc said on Wednesday it will acquire Ka'ena Corp, the owner of budget wireless provider Mint Mobile, for as much as $1.35 billion.

have driven up its churn rate, which refers to the percentage of customers who stop using a service.

The purchase will add slightly to T-Mobile's core adjusted earnings, but is not expected to affect its outlook for the year.

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