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T-Mobile to buy Mint Mobile

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T-Mobile penned a nearly $1.4 billion acquisition of Mint Mobile's parent company.

Mint Mobile is best known for its ads with actor and co-owner Ryan Reynolds.

Mint uses T-Mobile's wireless network and charges customers rates starting at $15 per month.

The deal calls for T-Mobile to buy Ka'ena Corp., the parent company of Mint Mobile, Ultra Mobile and wireless wholesaler Plum.

Read more from NPR.

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