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Mint Mobile, LLC is a mobile virtual network operator in the United States. Mint Mobile offers users the option to buy either a physical SIM card or an eSIM online. They charge users in increments of 3, 6, or 12 months, with discounts that vary depending on the length of the subscription.[3]

History

The company was founded in 2015 as Mint SIM, a subsidiary of Ultra Mobile, by Ultra Mobile founder David Glickman, and Rizwan Kassim.[4]

In November 2019, the corporate spin-off of the company from Ultra Mobile was completed[5] and Ryan Reynolds acquired 20–25% ownership in it.[6] Reynolds and founder Glickman both served on the board of directors for The Michael J. Fox Foundation, and Glickman was impressed with Reynolds' marketing for Deadpool.[2]

In March 2023, T-Mobile US agreed to acquire Ka’ena Corporation and its subsidiaries and brands, including Mint Mobile. It was announced that Reynolds would stay on as a spokesperson in his “creative role on behalf of Mint". T-Mobile CEO Mike Sievert assured customers that Mint's current $15-per-month plan would remain in place, and that Mint's founders would remain to manage what “will generally operate as a separate business unit.”[7][8][9]

In April 2024, the US Federal Communications approved T-Mobile’s purchase of Mint Mobile’s parent company, Ka’ena Corporation. The deal was expected to close May 1st, 2024.[10]

Awards and recognition

In 2021, it was named "the fastest growing company in America", and listed among the best places to work by American City Business Journals.[5]

It was ranked by U.S. News & World Report 2nd for Best Cell Phone Plans of 2022, behind Tello Mobile,[11] and "best for overall value" by TechRadar.[12]

See also

References

  1. ^ White, Ronald D (February 5, 2017). "Ultra Mobile CEO David Glickman finds his calling". Los Angeles Times.
  2. ^ a b "David Glickman". Inc. September 1, 2021 – via PressReader.
  3. ^ https://www.mintmobile.com/how-it-works/plans/.
  4. ^ "Ultra Mobile Tops Inc. 5000". American City Business Journals. August 13, 2015.
  5. ^ a b HOFFMAN, SUSAN (October 21, 2021). "Employee-centric Mint Mobile in Costa Mesa given accolades for workplace culture". Los Angeles Times.
  6. ^ Gonzalez, Oscar (November 25, 2019). "Ryan Reynolds now owns Mint Mobile". CNET.
  7. ^ "T‑Mobile to Acquire and Turbocharge Mint Mobile and Ultra Mobile, Brands Will Continue Delivering Value on the Un‑carrier's 5G Network ‑ T‑Mobile Newsroom". T-Mobile Newsroom. Retrieved 2023-03-16.
  8. ^ Korn, Jennifer (2023-03-15). "T-Mobile to buy Ryan Reynolds' Mint Mobile in a $1.35 billion deal | CNN Business". CNN. Retrieved 2023-03-16.
  9. ^ "T-Mobile to Acquire and Turbocharge Mint Mobile and Ultra Mobile, Brands Will Continue Delivering Value on the Un-carrier's 5G Network" (Press release). Business Wire. March 15, 2023.
  10. ^ https://www.msn.com/en-us/money/companies/fcc-approves-t-mobile-s-deal-to-purchase-mint-mobile/ar-AA1nGg6B?OCID=ansmsnnews11
  11. ^ Brooks, Onjeinika (July 20, 2022). "Best Cell Phone Plans of 2022". U.S. News & World Report.
  12. ^ "The best prepaid phone plans". TechRadar. March 2022.

External links

source: https://en.wikipedia.org/wiki/Mint_Mobile