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David Glickman

T-Mobile Is Buying Mint Mobile In A $1.35 Billion Deal

Image: Joe Raedle (Getty Images)T-Mobile announced on Wednesday it is buying prepaid wireless carrier Mint Mobile from parent company Ka’ena Corporation in a deal worth $1.35 billion. The acquisition will also include Ka’ena subsidiaries Ultra Mobile (another prepaid wireless service, and wireless wholesaler Plum.In a press release, T-Mobile CEO Mike Sievert said that “Mint has built an incredibly successful digital direct-to-consumer business that continues to deliver for customers on the Un-carrier’s leading 5G network