The “Dead Pool” star stands to reap upwards of $270 million in the sale of the prepaid phone carrier.
— but Mint’s customers could end up footing the bill, telecom experts told The Post.
The “Dead Pool” star, who snagged a 20% to 25% stake in Mint when he inked a deal to become its pitchman in 2019 — stands to reap upwards of $270 million in the sale of the prepaid phone carrier.
“Under Trump, we saw T-Mobile and Sprint consolidate, but under the Biden government we’ve lost 15 wireless brands,” Adderton, CEO of Mobile X Global, told On The Money.Mint, founded in California in 2016, is a so-called mobile virtual network operator, or MVNO, meaning the company piggybacks on the infrastructure of another network — in Mint’s case T-Mobile.
“The MNVOs were driving prices down because they could drive mean and lean,” he added. “The only reason it’s wildly successful is because they’re offering better value to customers.”It’s unclear how much Mint has expanded since Reynolds came on board but aThe Post reported in 2021 that Ryan Reynolds wasShare this article:
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