Ryan Reynolds bought into Mint Mobile in 2019, but now, T-Mobile is buying the direct-to-consumer carrier in a deal that could be worth up to $1.35 billion.

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T-Mobile is acquiring Mint Mobile for up to $1.35 billion. Mint Mobile will operate as a separate business unit under T-Mobile. Mint's cheapest phone plan will retain its price at $15 per month. The acquisition allows T-Mobile to expand its prepaid phone offering and potentially regain customers lost from the Boost Mobile sale.

T-Mobile is buying Ryan Reynolds’ Mint Mobile for up to $1.35 billion