Verizon Threatens To Shut Off Amp'd
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.
Comments
Cone on...
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 ...
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Go figure!!
My prayer for Amp'd Mobile
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about amp'd
die amp'd, die.
What a shocker!!!
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.
Gee...
Amp'd is aimed at that "punk" demographic...they honestly expected these "customers" to pay their bills?
Hold up!