Amp'd Shutters Doors, Puts Assets Up for Sale
Article
Comments 89
Jul 20, 2007, 4:41 PM by (staff)
Amp'd Mobile's last effort to secure funding while in Chapter 11 bankruptcy protection failed today, forcing the company to close its doors after four years of operations. Since it filed for bankruptcy on June 1, Amp'd had been racking up $370,000 in charges a day with carrier partner Verizon Wireless. It was in negotiations with King's Road Investment, but the talks failed to result in any funding for Amp'd. Earlier this week, Verizon Wireless petitioned the ruling judge to allow it to halt Amp'd's services, as it was apparent Amp'd could not pay the more than $51 million owed to Verizon Wireless, nor even the $2.5 million bankruptcy figure mandated by the court. Beginning Monday, July 23rd, Amp'd will explore the option of selling off its assets in pieces. Amp'd has forged agreements with some of its subscribers, but no exact figures are available. Update: Amp'd has now posted an update for subscribers warning them that service will be suspended on July 24 and that customer service will be available until close of business Monday to help the port their number without an Early Termination Fee. Update 2: Amp'd is now saying that its service will remain in operation through July 31st. Subscribers have one more week before it is discontinued and they have to find another provider.
Wireless Week »
jaygo
Jul 25, 2007, 3:53 PM
Too bad they don't have SIM cards...
then people could have kept their phones and signed up with a live carrier. 🙄
For instant fun...
Take the last T out of the title of this news story.
That is all.
call amp'd and say "my friend was telling me how awesome amp'd is and he gets all these cool features and stuff and i was wondering if you can tell me what your rateplans are" and see what happens.
No.
Creating a new national carrier out of thin air is hard, and very expensive. Both Amp'd and Helio are/were losing money hand over fist.
The difference is that Helio has corporate parents with deep pockets who got into this game expecting<
...
(continues)
their robot commercials for the ocean are pretty sweet 🤤 but i'd never buy one of their phones cause myspace.com is dumb...
AMp'd is misleading customers who want to port there numbers
I just called customer service to assist a customer who wanted to port her number from Amp'd to us, she was told not only could she port her number but also transfer her minutes also. To make a long story short the customer service rep told me that a typo had led to customers being informed that they could transfer there minutes 🤣 🤣 ... A Typo!! If you don't believe me call for yourself 1-866-811-0091..
I no longer beleive anything that company says.
And down she goes
😢 ..................... 🤣
what a bitter end to amp. ah well let us put are apm'ed phones in the air and pray.
... Just like your mom....
😛 🤤
And PS--
Better port that number in a hurry or you're out of luck!
Good luck...
...getting that $51 million back, Verizon.
Better off VZW just takes them over and use then as a second brand.
Posts
Anyone know what CCENTER keeps posting?
not at all, but they'll probably be banned by tomorrow.
Forgive for invading your space, which happens to us is that we are three friends that we are very boring and only we seek to make something different, never we wanted to offend nobody ** 😉
What did exactly happen? Im lost 👀 😲 😳 😢 🤭 ☹️
Amp'd Canada
No one may know this, but any idea how Amp'd Canada is doing? According to the website they "may" be ceasing U.S. operations, which I took to mean that the Canadian version was doing well, is this true?
It is just a matter of time before Telus cuts Amp'd Wireless customer's off seeing how Amp'd in the US can't pay Verizon Wireless. I'm glad to see the demise of Amp'd Wireless. With 50% of their postpaid customers being deadbeats, I pray no CDMA wirel...
(continues)
Idea...
Why doesn't VZW force amp'd to give them their paying customers?
Just an Idea
Yean
Jul 20, 2007, 5:24 PM
Saw it coming
🤣 Too bad VZW lost a lot of money.
I can't get over that they can't even pay a meazley $2.5 million!!! That's not all that much.
Pffft, you know how much money VZW probably has? More than they know what to do with it. most likely. 😳
Some body give ccenter a pinata or something to keep him busy! 😕
🤣
roflcakes. who the hell used amp'd anyways? no one.
PEZ
Jul 22, 2007, 9:11 AM
LOL
If you arent one of the big-4, you arent anything.
Bubye Arm'pit'd
Verizon & MVNO's
I guess Verizon will never support another MVNO, huh?
only if who ever trys has the money to backit.
Accounts
Wonder what will happen with our accounts...
I have prepaid service and I have $60 on the account. It would suck real bad to just lose that money.
how sad your one of the idiots who has ampd mobile and whats worse your one of their idiots who pays
HAHAH
jk but i do respect that u pay unlike every other Ampd subscriber
Don't wonder! Call up Customer Service and request a refund before you lose any chance to.
I left while the getting's good!
Who else did?
japhy
Jul 20, 2007, 5:43 PM
Telecom Neologism
Amp'd (verb, past tense) - state of severe financial distress, brought on by gross ineptitude of leadership. Example:
"Dude, Palm is so Amp'd now that they can't even get the Foleo out on time!"
or alternately: "Sprint just cancelled me for calling in too much - I'm so ******* Amp'd!"
🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣
very nice!
cool .. now petition Webster/Oxford to include it in the English lang..
You should put that on urbandictionary.com
f****ed by their customers
Shoulda had standard deposits
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