FCC Approves T-Mobile's Deal to Purchase Mint Mobile

FCC Approves T-Mobile's Deal to Purchase Mint Mobile

The US Federal Communications Commission on Thursday said it will approve T-Mobile's deal to acquire Ka'ena Corporation, the parent company of prepaid wireless brands Mint Mobile and Ultra Mobile, as earlier reported by Reuters. The deal could be worth up to $1.35 billion. The move would allow T-Mobile to more directly operate the brands, which already run on its network. After getting regulatory approval, the carrier anticipates closing the deal on May 1. Read more: Best Cellphone Plans of 2024: …