Mint Mobile

Last updated
Mint Mobile, LLC
Company type Subsidiary
Industry Telecommunications
FoundedAugust 7, 2016;7 years ago (2016-08-07)
FounderDavid Glickman [1]
Headquarters Costa Mesa, California, U.S.
Key people
David Glickman (CEO)
Rizwan Kassim (Managing Partner)
Services Prepaid Mobile virtual network operator
RevenueOver $100 million [2]
Parent T-Mobile US
Website www.mintmobile.com

Mint Mobile, LLC is a mobile virtual network operator owned by T-Mobile US. 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]

Contents

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. [7] It was announced that Reynolds would stay on as a spokesperson in his "creative role on behalf of Mint", and that Mint's founders would remain to manage what "will generally operate as a separate business unit." [8] [9] [10]

The acquisition was completed on May 1, 2024. [11] Mint's current $15-per-month plan will remain in place, although customers would also receive free roaming in Canada (unlimited talk and text, 3 GB of data), and other "perks" in the future. [12]

Awards and recognition

See also

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References

  1. ↑ White, Ronald D (February 5, 2017). "Ultra Mobile CEO David Glickman finds his calling" . Los Angeles Times .
  2. 1 2 "David Glickman". Inc. September 1, 2021 – via PressReader.
  3. ↑ "How Mint Mobile Works". mintmobile.com. Retrieved 2024-05-07.
  4. ↑ "Ultra Mobile Tops Inc. 5000". American City Business Journals . August 13, 2015.
  5. 1 2 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. ↑ "Mint and Ultra: Welcome to the T-Mobile Family!". T-Mobile Newsroom. Retrieved 2024-05-07.
  8. ↑ "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.
  9. ↑ 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.
  10. ↑ "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.
  11. ↑ "Mint and Ultra: Welcome to the T-Mobile Family!". T-Mobile Newsroom. Retrieved 2024-05-07.
  12. ↑ Roth, Emma (2024-05-01). "T-Mobile owns Mint Mobile". The Verge. Retrieved 2024-05-03.
  13. ↑ "Ryan Reynolds - Building a Growing Business Empire and Becoming a Marketing Genius". Champions UK Plc. Retrieved 2024-05-07.
  14. ↑ Brooks, Onjeinika (July 20, 2022). "Best Cell Phone Plans of 2022". U.S. News & World Report .
  15. ↑ "Sims Direct. The 5 Best Cell Phone Plans of 2021". SDirect. Retrieved 2024-05-07.
  16. ↑ "The best prepaid phone plans". TechRadar . March 2022.
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