T-Mobile (NASDAQ:TMUS) has won an OK from the Federal Communications Commission to move forward with purchasing budget wireless provider Mint Mobile, the brand co-owned by actor Ryan Reynolds. An FCC order gave conditional approval to the deal,

After nearly a year of convincing the Federal Communications Commission, T-Mobile has been allowed to proceed with its purchase of Ka’ena, which owns Mint Mobile and Ultra Mobile, reports Reuters .

T-Mobile announced last year that it had agreed to pay $1.35 billion to acquire Ka’ena Corporation plus its subsidiaries and brands, which include Mint Mobile and Ultra Mobile, a wireless service offering international calling options to communities across the country, plus wholesaler Plum.

The US Federal Communications Commission (FCC) gave its stamp of approval for T-Mobile’s $1.3 billion deal to buy Mint Mobile.

Over a year after announcing it would acquire Mint Mobile for up to $1.35 billion, T-Mobile has closed the deal.

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.

However, one thing is absolutely set in stone—devices purchased from Mint Mobile and Ultra Mobile are no longer subject to a 12-month unlocking period. Once you pay off your dev

T-Mobile has acquired Mint Mobile and Ultra Mobile, adding to its hold on the market. The FCC has approved the deal, paving the way for the acquisition to become official on May 1. The company's earnings call reveals impressive revenue and subscriber gains over competitors.