T-Mobile Wins FCC Approval to Buy Budget Provider Mint Mobile

T-Mobile US Inc. won US approval Thursday to buy budget wireless provider Mint Mobile.

The second-largest US wireless provider proposed acquiring Mint’s closely held parent company, Ka’ena Corp., with a combination of 39% cash and 61% stock in March 2023. The deal for as much as $1.35 billion was approved in an order issued by the Federal Communications Commission.

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Todd Shields in Washington at tshields3@bloomberg.net

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Molly Schuetz at mschuetz9@bloomberg.net

Dana Wollman

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