“Life is strange and I’m incredibly proud and grateful,' the 'Deadpool' actor tweeted about the deal.
The U.S. wireless carrier said Wednesday that it is acquiring the brands’ sales, marketing, digital and service operations.
It plans to use its supplier relationships and distribution scale to help grow the brands and offer competitive pricing and greater device inventory to more U.S. consumers seeking low cost offerings.T-Mobile US Inc. said Mint and Ultra Mobile are complementary to its existing prepaid services, Metro by T-Mobile, T-Mobile branded prepaid and Connect by T-Mobile.
T-Mobile CEO Mike Sievert said the company plans to give a boost to Mint’s already successful digital direct-to-consumer business. “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 said. “We think customers are really going to win with a more competitive and expansive Mint and Ultra.”
Mint founders David Glickman and Rizwan Kassim will stay on at T-Mobile after the transaction is complete to manage the brands.The actual price of the deal will depend on Ka’ena Corp.’s performance during certain periods before and after the closing.T-Mobile, based in Bellevue, Washington, became one of the country’s largest cellphone service carriers in 2020
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