Mint Mobile may be looking for new owners, but it’s expensive

What you need to know

  • Light Reading reports that Mint Mobile’s parent company, Ultra Mobile, has been scouring the carrier for potential buyers.
  • According to those involved in the discussion, the asking price was too high for those potential buyers.
  • Actor Ryan Reynolds is a part owner of Mint Mobile and has appeared in multiple ads for the carrier.

As reported by Light Reading (opens in new tab)Mint Mobile’s parent company, Ultra Mobile, is shopping Mint Mobile with potential buyers. Citing people familiar with the situation, Ultra Mobile may want to sell the prepaid provider. According to those involved in the discussion, the asking price is too high for Mint Mobile.

While the talks are said to be relatively informal, the company’s other brands, Ultra Mobile and Plum Mobile, may also be up for sale. Mint Mobile is rapidly gaining momentum in the prepaid wireless space with competitive pricing and clever marketing led by part owner Ryan Reynolds.

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