25% However, according to Benzinga, he recently raked in a cool $300 million with the sale of Mint Mobile to cell phone giant T-Mobile. Reynolds owned a 25% stake in the company, which sold for $1.35 billion, CNBC confirmed.

On Wednesday, Mint Mobile, a mobile phone network known for some of the cheapest prepaid plans in the U.S., was acquired by T-Mobile for $1.35 billion. Reynolds, who owns an estimated 25% stake in Mint Mobile, will receive about $300 million from the deal, the Wall Street Journal reported.

Ryan Reynolds Ryan Reynolds reveals Mint Mobile's strategy for competing with big wireless consists of doing the opposite of what is typically expected.

Reynolds bought a stake in Mint Mobile in 2019, joking at the time that he would be paying himself $15 a month, about the price for the company's basic wireless plan. His stake in Mint Mobile represents about 25% of the company, according to Fortune Magazine.

The Deadpool star owns a reported 25 per cent of Mint Mobile.

Mint is a typical prepaid carrier in that the service is decent for the price, but will never be as fast as say, Verizon. Mint Mobile also makes it really easy to get free wireless for an entire year with their easily attainable referral program.

12-month plan: 5GB Data Plan - $15/month. 15GB Data Plan - $20/month. 20GB Data Plan - $25/month. Unlimited Data Plan - $30/month.

T‑Mobile USKaena Corporation Mint Mobile/Parent organizations

David Glickman: CEO and founder of Mint Mobile, played a pivotal role in its inception and growth. Under his leadership, Mint Mobile achieved remarkable growth rates. Rizwan Kassim: Co-founder, Chief Strategy Officer, and Managing Partner of Ultra Mobile. He is also an owner of Mint Mobile.

the T-Mobile network Mint Mobile runs on the T-Mobile network, which covers over 90% of Americans with 5G and over 99% of Americans with 4G LTE.

4G LTE speeds nationwide. If your area isn't currently covered by the rapidly expanding 5G network, you'll still receive fast, reliable service on the 4G LTE network, which currently covers 99% of Americans. You can even bring your own phone and current phone number to Mint Mobile, making the switch even easier.

T-Mobile 5G network Mint Mobile runs on the T-Mobile 5G network. That means coast-to-coast coverage. Check out how things are running in your neck of the woods below. For the best experience on Mint, we'd recommend that you take our quick phone compatibility check.