T-Mobile’s acquisition of Mint Mobile, the popular budget-friendly wireless carrier, is now official with FCC approval.
The deal expands T-Mobile’s reach in the prepaid market and could bring more flexibility for Mint Mobile and Ultra Mobile customers.
The Federal Communications Commission (FCC) has officially approved T-Mobile‘s acquisition of Ka’ena Corporation. Ka’ena Corporation is the parent company of Mint Mobile, a wildly popular direct-to-consumer wireless brand known for its disruptive pricing and savvy marketing, and Ultra Mobile, a provider specializing in international calling plans.
The acquisition, first announced last year, could be worth up to $1.35 billion. T-Mobile has expressed its intentions to complete the deal by May 1st, pending regulatory approval.
