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Ryan Reynolds sells Mint Mobile for $1.35B to T-Mobile

Mobile X Global Founder and CEO Peter Adderton discusses 5G network costs and using artificial intelligence to predict customers’ wireless plans in “The Claman Countdown.” Ryan Reynolds used his fame and wit to make Mint Mobile a low-cost competitor in the crowded wireless business. Now the Hollywood star and his supporters are profitable. In a […]

Ryan Reynolds’ Mint Mobile scooped up by T-Mobile in $1.35B deal

Mint Mobile, which is partially owned by actor Ryan Reynolds, will be acquired by T-Mobile as part of a cash and stock deal worth $1.35 billion, the Hollywood star said Wednesday. T-Mobile’s acquisition of Ka’ena Corp. gives it access to low-cost wireless provider Mint, along with Ultra Mobile and wholesaler Plum. Brands that already use […]

TD, other banks reach $1.35B settlements to end Ponzi lawsuit

Three banks have agreed to pay $1.35 billion to settle a lawsuit filed by a former investor in Allen Stanford for contributing to an imprisoned investor’s massive Ponzi scheme. Canada’s Toronto-Dominion Bank will pay $1.25 billion, HSBC Holdings Plc will pay $40 million and Independent Banking Group (formerly Bank of Houston) will pay $100 million. […]

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