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Verizon Threatens To Shut Off Amp'd

Article Comments  44  

Jun 5, 2007, 10:50 AM   by (staff)

Verizon threatened to disconnect Amp'd after they filed bankruptcy on June 1. Among its debts, Amp'd owes Verizon the most - $33 million. A short time ago, Verizon asked Amp'd for a payment of $4.5 million within 10 days, which they could not pay, forcing the MVNO to declare bankruptcy. The threat to shut off the network came after the official filing for bankruptcy and may be part of legal steps Verizon must take to protect itself. Amp'd is asking the court to make sure the network agreement and service continues during proceedings. Yesterday's documents also reveal that Amp'd's growing pains were an increasing number of non-paying customers, most of whom are in 18 month contracts, which was expected reach 80,000 by the end May.

more info at Business Week »



This forum is closed.

This forum is closed.


Jun 5, 2007, 11:04 AM

Cone on...

Someone else out there has to find this EXTREMELY hilarious. 80,000 non-paying customers?
thats almost half of their customer base
As a user of both Amp'd and Verizon, I'm more partial to Amp'd. I think this sucks!!
lawl. it's like sprint and nextel. people who don't like payin their bills and have bad credit. Eh?
Someone else out there has to find this EXTREMELY hilarious. 80,000 non-paying customers?

it's kinda sad, actually. they've cut off service to said non-paying customers or are they actually dumb enough to continue carrying ...

Jun 11, 2007, 2:00 PM

Go figure!!

This would happen right after I get the phone. I'd better ditch Amp'd before it ditches me, huh?

Jun 10, 2007, 1:09 PM

My prayer for Amp'd Mobile

I pray to God every night before I head off to bed that Amp'd Mobile is violently torn apart and dissolved like a school of sharks on a wounded fish amongst their creditors seeing how they owe $100 million in debt to which the greatest chunk, $33 million, is owed to Verizon Wireless on which Amp'd Mobile relies upon for their 1x-EV-DO voice and data services. Talk about biting the hand that feeds you. I also hope Verizon Wireless will leave the 170k Amp'd Mobile customers in the dark by terminating their wireless access ASAP seeing that of that 170k customer base, approximately half of them are deadbeat customers defaulting on their 18 month contracts. While we're at it, who's up to deporting Peter Adderton, the Amp'd Mobile CEO back to the ...

Jun 8, 2007, 4:04 PM

about amp'd

so, if someone can't pass the credit check at best buy trying to get verizon, at&t, or others, they USUALLY can pass an "amp'd" credit check. BIG SUPRISE when they have so many people NOT paying their bills. (clue: cut those people's lines off.)

die amp'd, die.
You'd think that they would do that, huh?

Jun 5, 2007, 4:55 PM

What a shocker!!!

Serves them right. We have had nothing but headaches trying to deal with those people. They constantly wouldnt just do what we aksed, or even except payments on our customers behalf. Worst customer service in the industry.
Good idea from the origin but just went steadily downhill. We took them off the counter Last Week!!!

Oh, by the way, just cuz I'm not very pleased with Ampd doesnt mean I dont feel bad for all the people I set up in their phones.
Is somebody bitter?

Jun 5, 2007, 8:54 PM


...was this supposed to be a surprise?

Amp'd is aimed at that "punk" demographic...they honestly expected these "customers" to pay their bills?

Jun 5, 2007, 4:47 PM

Hold up!

Those of us that use Amp'd in any way shouldn't worry, unless the end has been written in stone.
Was that comment really worth starting up a new thread? Confused
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