T-Mobile considers buying Ryan Reynolds' Mint Mobile - Bloomberg
Amy Sussman/Getty Images Entertainment


T-Mobile (NASDAQ:TMUS) is weighing an acquisition of closely held Mint Mobile, backed by actor Ryan Reynolds, Bloomberg reports.
The two companies have been in discussions, according to the report, though no sale is imminent and budget carrier Mint could sell to another party.

Reynolds is the face of Mint Mobile, appearing in its ads since 2019, and owns about a fourth of the company, according to the report.
Mint was said to be talking to potential suitors in summer 2021, for a price tag of $600M-$800M - though the company has expanded heavily since Reynolds came on board in 2019. At the time, chatter linked it to Altice USA (ATUS).
At last report, T-Mobile had roughly $6.89B in cash and equivalents on its balance sheet.