Ryan Reynolds Sells Mint Mobile for $1.35 Billion to T-Mobile

Hollywood star cashes in after helping build wireless upstart

Ryan Reynolds acquired a majority stake in Mint Mobile in 2019.Photo: oli scarff/Agence France-Presse/Getty Images

Ryan Reynolds used his celebrity and wit to build Mint Mobile into a low-cost competitor in the crowded wireless business.

Now, the Hollywood star and his backers are cashing in: selling the upstart brand to T-Mobile US Inc. in a cash and stock deal valued at up to $1.35 billion.

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