An article published by the New York Posts relies on an unnamed source to suggest Mint Mobile is looking for a buyer. Mint allegedly hopes to sell for the better part of a billion dollars. Altice USA, the company behind Optimum Mobile, is rumored to be the most likely acquirer:
I believe the rumor is true. I’m not sure it’s good news for Mint customers. There’s a lot to like about Mint’s business model and price structure. Things often change significantly when a carrier is acquired. However, given Mint’s solid growth, it’s possible an acquirer would be content to let Mint continue on its current path.
Actor Ryan Reynolds will make a good chunk of change if a deal goes through. The source behind the New York Post article suggests Reynolds owns 20-25% of the business.