logo
Yes, more and more celebrities are entering the phone business. Here's why

Yes, more and more celebrities are entering the phone business. Here's why

Time of India19-06-2025

More and more celebrities are looking to attach their names to your phone. Or rather, wireless services that could power it.
From cosmetics to snacks and signature spirits, brands launched or co-owned by high-profile figures are just about everywhere you look today. But several big names are also venturing into the market for
mobile virtual network operators
- or MVNOs, an industry term for businesses that provide cell coverage by leasing infrastructure from bigger, more established carriers.
U.S. President Donald Trump's family was the most recent to join the list with the launch of Trump Mobile this week. Here's what to know.
Which big names have entered the phone business?
On Monday, The Trump Organization (currently run by the president's sons Eric and Donald Jr.) unveiled Trump Mobile. The company says this new business will offer cell service, through an apparent licensing deal with "all three major cellular carriers" in the U.S., and sell gold phones by August.
Trump Mobile marks the latest in a string of new Trump-branded offerings - which already span from golden sneakers to "God Bless the USA" bibles - despite mounting ethical concerns that the president is profiting off his position and could distort public policy for personal gain.
"This raises a real question about a conflict of interest," said Ben Bentzin, an associate professor of instruction at The University of Texas at Austin's McCombs School of Business. As the sitting president, Trump appoints leadership for the Federal Communications Commission - and the family's new phone venture exists under this regulatory authority.
All of this sets Trump Mobile apart from other big names that have recently ventured into the wireless business. Still, its launch arrives as a growing number of celebrities tap into this space.
Just last week, actors Jason Bateman, Sean Hayes and
Will Arnett
launched SmartLess Mobile, a name that mirrors the trio's "SmartLess" podcast. Now live across the contiguous U.S. and Puerto Rico, SmartLess Mobile runs on
T-Mobile
's 5G Network.
Another wireless provider with ties to fame is
Mint Mobile
. While not launched by celebrities, Ryan Reynolds purchased an ownership stake in Mint in 2019. Mint's parent, the Ka'ena Corporation, was later acquired by T-Mobile in a deal worth up to $1.35 billion.
Beyond names of famous people, well-known brands that weren't traditionally in the phone business have also got in on the action over the years - particuarly outside of the U.S., Forrester Research senior analyst
Octavio Garcia Granados
notes. He points to Walmart's "Bait" mobile plan in Mexico, for example, as well as Italian soccer club AC Milan launching its own mobile SIM cards for fans.
"The MVNO market is not new," said Granados. "What's new is the development on how it's consumed and the (ease) for brands to launch such plans."
MVNOs have also emerged outside of high-profile brands or launch teams. Bentzin points to Straight Talk and Cricket - which are now owned by Verizon and
AT&T
, respectively. Still, traditional celebrity endorsements are common across the board. And in recent years, "influencer marketing" has been "the fastest growing area of advertising and promotion," he notes.
What are these cell services offering? Why were they launched?
For Trump Mobile, the pitch seems to be all about having an "all-American service" while also tapping into the fan base of the president.
The company noted Monday that it chose to unveil Trump Mobile on the 10th anniversary of Trump launching "his historic presidential campaign." The name given to its flagship offer, The 47 Plan, and the $47.45 monthly fee make reference to the president's two terms. And a mock-up of the planned gold phone on the company's website shows Trump's "Make America Great" slogan on the front screen.
According to the company, Trump Mobile's 47 Plan will include unlimited calls, texts and data through partner carriers, as well as free roadside assistance and telehealth services. It also says the new phone, called the "T1 Phone," will be available for $499 in August - but notes that this device won't be designed or made by Trump Mobile. Still, the company emphasized that these phones will be built in the U.S.
Experts have since shared skepticism about that being possible in two months. And beyond the future T1 Phone, others stress that a monthly cell service fee of just under $50 is pricey compared to other MVNO options today.
"It's not actual lower pricing. It's really trading on the fan base, if you will, of Trump," said Bentzin.
SmartLess Mobile and Mint Mobile, of course, don't carry these same political ties. And the wireless plans offered by both boast less expensive offerings.
T-Mobile-owned Mint advertises "flexible, buy-in-bulk" plans that range from $15 to $30 a month. Each option includes unlimited talk and text nationwide, but vary depending on plan length and data amount. Mint, founded in 2016, says it started "because we'd had enough of the wireless industry's games" - and promises to help consumers avoid hidden fees.
SmartLess Mobile's plans also start at $15 a month. Depending on the data amount purchased, that base fee can rise to $30 - but all of its plans similarly offer unlimited talk and text using T-Mobile's network. When launching last week, SmartLess underlined that its goal is to help people stop paying for the data they don't use, noting that the majority of data used by consumers today happens over Wi-Fi.
"Seriously, if your phone bill knew how often you're on Wi-Fi, it would be embarrassed," Hayes said in a statement for SmartLess Mobile's June 10 launch.
What's the demand?
MVNOs have proven to be attractive acquisitions to big wireless carriers over the years. But whether or not the star factor promises significant demand has yet to be seen for the market's most recent entrants.
For the more established Mint Mobile, Reynolds' investment is a success story. The 25% stake that the actor reportedly owned in 2023, when the company announced that it would be acquired by T-Mobile, was estimated to give him a personal windfall of over $300 million in cash and stock. And since that deal closed, Reynolds has remained in his creative role for Mint and as the face of many campaigns - helping the brand continue to attract new customers.
It's no surprise that the potential of such business returns might attract other celebrities to make similar investments, Bentzin notes. Still, newer ventures are untested. And "as the market becomes more crowded, it could be harder and harder to pick off individual consumers," he added.
Beyond a high-profile name, quality of service and what consumers can afford is also critical.
"The competition battleground here is brand and price," Bentzin said.
Still, if the marketing is right and product meets consumer needs, experts like Garcia Granados note that MVNOs can be a profitable business, for both the brands that start them and the telecommunications giants - like T-Mobile, Verizon and AT&T - offering this "wholesale" access to their infrastructure.
As a result, he said, such high-profile ventures become "a catalyst for others to follow."
(AP Business Writer Bernard Condon contributed to this report from New York.)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

How Shefali Jariwala's Kaanta Laga Became A Major Pop-Culture Moment In The 2000s
How Shefali Jariwala's Kaanta Laga Became A Major Pop-Culture Moment In The 2000s

NDTV

time34 minutes ago

  • NDTV

How Shefali Jariwala's Kaanta Laga Became A Major Pop-Culture Moment In The 2000s

New Delhi: In a tragic turn of events, Shefali Jariwala who shot to fame with her remix Kaanta Laga, has died at the age of 42. The actress-model was rushed to Bellevue Multispecialty Hospital but was unfortunately pronounced dead upon arrival. Her husband Parag Tyagi was seen in tears outside the hospital. While the initial reports have suggested that the actress-model died of cardiac arrest, official post-mortem reports are still awaited. Fans and industry colleagues are in shock as Shefali Jariwala was a big part of the defining remixes era in the 2000s. As fate would have it, she was spotted outside her engineering college by director duo Radhika Rao and Vinay Sapru. Little did she know that she was on the brink of doing her biggest project that propelled her to become an overnight sensation. In an older interview with the Times of India, Shefali Jariwala said how she teamed up with her mother to get her father's approval to be a part of Kaanta Laga. She had said, "My father was completely against it. So first, I took my mom into confidence and then, we both convinced my father. And that song turned out to be such a hit that it was like a fairytale for me. It changed my life completely." Sharing her excitement for Kaanta Laga, she added, "I was in college then and I come from a family of academicians, so my parents told me to focus on my studies. But I wanted to do it because I was getting paid for it. I earned Rs 7,000 from that song, and I wanted to see myself on TV." Rewind Back To The Craze Of Kaanta Laga Kaanta Laga was originally a part of the film titled Samadhi which was led by Dharmendra, Jaya Bachchan and Asha Parekh. The song was then picked up for a remix version by T-Series for their album DJ Doll with an accompanying music video featuring Shefali Jariwala. It was like Shefali Jariwala had a natural pop-star vibe on camera. Something that also drew in the audience and the song was an instant click with them. Sung by Pallavi Kelkar and coupled with Shefali Jariwala's effortless dance moves, the song became a chartbuster in no time. Kaanta Laga is particularly remembered for it came at a time when the trend of remixes was just gaining momentum in Bollywood. This song had an integral role to play in revolutionizing that moment and emerged to be a pop-culture phenomenon that people remember to date. As they say, trends are a perpetual cyclic process, as it stands true with the remixes in Bollywood. While newer remixes and remakes have replaced Kaanta Laga in the Top 10 charts, Shefali Jariwala's career-defining moment is still considered a strong referral point in this context. It solidified her position in pop culture and also invoked a sense of deep nostalgia for the 2000s. While the bold frames were met with certain objectionable remarks, they continued to survive the test of time and remain a fan-favourite. Shefali Jariwala went on to do several other projects in the entertainment industry. She was a part of Big Boss 13 and Nach Baliye 5.

Trump has struck trade deals with 2 countries ahead of July 9; what about the others? What is India's position?
Trump has struck trade deals with 2 countries ahead of July 9; what about the others? What is India's position?

Mint

time38 minutes ago

  • Mint

Trump has struck trade deals with 2 countries ahead of July 9; what about the others? What is India's position?

As the July 9 deadline set by the Donald Trump administration approaches soon, officials have struggled to strike trade deals with a lot of countries. In almost three months, the US has been able to sign trade agreements with just two countries, with Trump and his officials hinting that a long pipeline is in place. Countries failing to strike deals with the US within the July 9 deadline will face tariffs as was announced by Trump in April. The President however on Friday indicated that the deadline could be moved forward. 'We can do whatever we want. We could extend it. We could make it shorter. I'd like to make it shorter. I'd like to just send letters out to everybody: Congratulations, you're paying 25 per cent,' he told reporters at the White House. Here's what you need to know about Donald Trump's trade deals. As of now, only two countries — China and UK — have signed trade deals with the US. 'The [Trump] administration and China agreed to an additional understanding for a framework to implement the Geneva agreement,' a White House official said on Thursday. That followed the talks in Geneva in May, where the US and China had agreed to reduce mutual tariffs. US Commerce Secretary Howard Lutnick told Bloomberg TV on Thursday that 'they [China] are going to deliver rare earths to us', and once Beijing does that 'we'll take down our countermeasures'. Trump signed an agreement on June 16, formally lowering some tariffs on imports from Britain as the countries continue working toward a formal trade deal. The deal, announced by Trump and British Prime Minister Keir Starmer on the sidelines of the G7 Summit in Canada, reaffirmed quotas and tariff rates on British automobiles and eliminated tariffs on the U.K. aerospace sector, but the issue of steel and aluminum remains unresolved. While UK and China are the only countries that have signed trade deals with the US, Trump on Friday called off discussions with China, calling it a 'difficult country'. Trump abruptly ended the negotiations over its tax targeting US technology firms, saying that it was a "blatant attack" and that he would set a new tariff rate on Canadian goods within the next week. Majority of the trade partners of US, including South Korea, Vietnam and EU countries, are struggling to sign deals with America. Countries like France have rejected the notion of striking a deal that favours the US, and have proposed removal of tariffs altogether. Some EU member states have also rejected the idea of a tit-for-tat tarif, and are preferring a quick deal to a perfect one. India and Japan are considered to be the next countries that could strike trade deals with the US. 'But some of the bigger countries, India, I think we're going to reach a deal where we have the right to go in and trade. Right now, it's restricted. You can't walk in there. You can't even think about it,' Trump told reporters on Friday.

US economy shrugs off trade war and soldiers on
US economy shrugs off trade war and soldiers on

Mint

timean hour ago

  • Mint

US economy shrugs off trade war and soldiers on

President Trump is still issuing tariff threats, consumer spending is weakening, and the Mideast is in turmoil. So why did the S&P 500 hit a record high Friday? Investors may not think the economy is taking off, but they are probably relieved that the worst-case scenarios feared in recent months haven't come to pass. Trump's tariffs, deportations, and cuts to the federal bureaucracy have bent the economy but haven't broken it. The S&P 500 plummeted 19% from its previous high in February to its 2025 low on April 8. Behind the drop: fears that Trump's threatened tariffs of as high as 145% on China and 50% on other major trading partners would send inflation and interest rates up, sap business and consumer confidence, and spark a recession. Instead, Trump has significantly dialed back the tariffs from what he first proposed. Although tariffs did come into effect starting in February on China, Canada and Mexico, as well as on autos, steel and aluminum, the effect on inflation to date has been milder than feared. Oil prices leapt when Israel attacked Iran and the U.S. joined in, but have since fallen back. Even after President Trump's rollbacks, the average tariff in the U.S. is 18.8%, the highest since the 1930s. Economists at JPMorgan Chase put the probability of recession starting in the next four quarters at about one-third, down from 60% in early April. In recent months, business confidence fell amid tariff threats. Yet that sentiment never fully translated into behavior: businesses kept investing in equipment, factories and technology. They kept adding jobs, albeit at a slower pace than last year. 'The macro economy is doing decently," said Jason Furman, a Harvard economics professor who was an adviser to President Barack Obama. Especially when it comes to tariffs, the market is now more confident 'that Trump will back off if necessary," he added. 'In April I think the fear was he would just plow ahead no matter what. Now there is a sense that there are realities he won't try to blow past." Consumer confidence has also recovered a bit. The University of Michigan's consumer sentiment index rose 16% in June from May, though it remains 18% lower than in December. Wall Street analysts expect earnings at retailers and other S&P 500 consumer discretionary companies to fall in the second quarter from a year earlier. Earlier this year, 'consumers were really on a downward trend, they really were worried that the high levels of tariffs threatened and policy volatility could lead to very dire consequences," said Joanne Hsu, director of consumer surveys for the University of Michigan. Now, 'consumers don't think we're out of the woods, but they're less worried about the worst-case scenario.' Still, while consumer spending never collapsed, new data shows that it has weakened significantly. The labor market also appears to be softening. Annualized growth in gross domestic product is likely to average 0.8% over the first two quarters of 2025, according to S&P Global Market Intelligence, down sharply from 2.5% in 2024. The stock market isn't the economy, but it does capture in real time how investors feel about growth, profits, interest rates, and risk. While companies were cautious about the outlook a few months ago, their recent profit guidance has tended to be better than analysts expected, according to FactSet. The policy landscape has also become less unpredictable, easing investors' fears. Republicans' massive tax and spending bill remains up in the air, but that sort of risk is more familiar than the tariffs and steep cuts to the federal bureaucracy by Elon Musk's Department of Government Efficiency that regularly emanated from the White House in previous months. 'If you look at the beginning of the year, the main action economically was tariffs and DOGE, and both of those were very dramatic, very fast and of debated lawfulness," Furman said. 'Now the main thing going on is this fiscal bill, which I think is problematic. But it's sort of normal…things have moved more into the legislative arena, which is weirdly more predictable." In a recently released report, the White House Council of Economic Advisers predicted the Senate draft of Trump's 'one big beautiful bill" will significantly boost investment, wages and employment in the next four years relative to a scenario in which the 2017 tax cuts expire this year, as scheduled. This past week, Fed chairman Jerome Powell acknowledged there has been little evidence of tariffs pushing up inflation broadly thus far, and some Fed officials have said a rate cut should be on the table as soon as next month. That has caused some bond yields to drop, which is also good for the stock market. Still, tariffs' full effect could still lie ahead. A 90-day pause on Trump's steepest tariffs is to end July 9. Officials have said that deadline could slip as the U.S. and some partners close in on deals. But Friday, Trump said he had broken off talks with Canada and would issue new tariffs soon, and the administration is also carrying out probes that could yield new tariffs on semiconductors and pharmaceuticals. Trump's tariff threats spurred car sales earlier this year. Even after Trump's rollbacks, the average tariff in the U.S. is 18.8%, the highest since the 1930s, versus 2.4% in 2024, according to Preston Caldwell, chief U.S. economist at Morningstar. He thinks that will push inflation based on the index of personal-consumption expenditures to 3.2% in early 2026, versus 2.3% now. The biggest risk to the outlook appears to be the consumer. This past week, the Commerce Department sharply revised down consumption growth. That softness has persisted in the second quarter, with inflation-adjusted consumption slipping 0.3% in May from April, leaving the level of spending below December's. Particularly notable was softness in discretionary categories including air travel and hotels, which are especially sensitive to moods about the economy. Wall Street analysts now expect earnings at S&P 500 consumer discretionary companies, which includes retailers, restaurant chains and carmakers, to slip by 5.1% in the second quarter from a year earlier, according to FactSet, down from a 2.2% gain at the end of March. Write to Jeanne Whalen at Justin Lahart at and Te-Ping Chen at

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store