Amp’d

Amp’d casts shadow over MVNO land

For a company that boasts subscriber additions of 20,000 per month and user revenues double the national average, the problems at Amp’d pose some tough questions for the rest of the MVNO sector. The US MVNO filed for protection under Chapter 11 bankruptcy last week, claiming that its rapid growth meant the back end infrastructure […]

Amp’d files for bankruptcy protection

US MVNO Amp’d Mobile filed for protection under Chapter 11 bankruptcy late on Friday. The company said in a statement, that as a result of its rapid growth, the back end infrastructure was unable to keep up with customer demand. As a result, the company is moving to restructure the business. The company said it […]