Amp'd Mobile Files For Bankruptcy - GoFuckYourself.com

GTS Mark · 06-04-2007, 08:33 PM

Amp'd Mobile Files Chapter 11
Starting a new wireless carrier when you don't even own a network ain't easy ? just ask now-defunct ESPN Mobile, which tried to make a go of the mobile virtual network operator (MVNO) business and failed.

But it looks like wireless startup Amp'd Mobile is having an exceptionally difficult time. Last Friday, the MVNO, which rented out Verizon Wireless's network to provide a service that specialized in delivering wireless content to subscribers, filed for Chapter 11 bankruptcy protection after running out of cash. According to mocoNews.net, which first reported the bankruptcy news, Amp?d owes about $33 million to Verizon, among other debts (its total debt is more than $100 million).

http://blogs.business2.com/thirdscre...obile_fil.html

Martin3 · 06-04-2007, 09:13 PM

Their commercials were fucking annoying.

dissipate · 06-04-2007, 09:53 PM

ruh roh speghettio's

jonesonyou · 06-04-2007, 09:55 PM

new business bankrupt....new business.... Someone keeps enough money to start over.... cycle repeats.

rip raster · 06-04-2007, 09:56 PM

yikes $ 100 million

munki · 06-04-2007, 10:14 PM

Ouch....

eightmotives · 06-04-2007, 10:42 PM

Those commercials rocked.

BangTheChamp · 06-04-2007, 10:56 PM

it's good concept just need better contents

Elli · 06-05-2007, 08:50 AM

I couldn't even tell what they were. I wasn't sure if they were selling phones or service or what. The ads were just strange.

candyflip · 06-05-2007, 08:52 AM

Quote:

Originally Posted by Martin3

Their commercials were fucking annoying.

I love the ones they had with the old folks.

69pornlinks · 06-05-2007, 08:56 AM

that's the american way...just ask trump,k-mart and so on....get in over your head then file for bankruptcy then do it all over again

candyflip · 06-05-2007, 08:57 AM

Actually I think those old people commercials were for Boost Mobile. Guess it doesn't help matters when people can't figure out if it's you or a competitor.

Brad · 06-05-2007, 09:03 AM

First. They had excellent ads. I say if you didn't know what they were advertising then you probably don't pay too much attention to ads (which is fine, i wish I could tune them out more often). Secondly, this is no big surprise. Their service was really expensive (at least in Canada it was). I think they over estimated the number of people willing to shell out money to watch tv and shit on their phones. Perhaps people will be interested in watching tv on their phone in the future, I think it was just too soon and too expensive right now.

06-04-2007, 08:33 PM	#1
GTS Mark Vrume Mark Industry Role: Join Date: Jan 2001 Location: Toronto, Canada Posts: 20,912	Amp'd Mobile Files For Bankruptcy Amp'd Mobile Files Chapter 11 Starting a new wireless carrier when you don't even own a network ain't easy ? just ask now-defunct ESPN Mobile, which tried to make a go of the mobile virtual network operator (MVNO) business and failed. But it looks like wireless startup Amp'd Mobile is having an exceptionally difficult time. Last Friday, the MVNO, which rented out Verizon Wireless's network to provide a service that specialized in delivering wireless content to subscribers, filed for Chapter 11 bankruptcy protection after running out of cash. According to mocoNews.net, which first reported the bankruptcy news, Amp?d owes about $33 million to Verizon, among other debts (its total debt is more than $100 million). http://blogs.business2.com/thirdscre...obile_fil.html

06-04-2007, 09:13 PM	#2
Martin3 Confirmed User Join Date: Oct 2005 Location: Houston Posts: 1,529	Their commercials were fucking annoying. __________________ 264-543-302

06-04-2007, 09:55 PM	#4
jonesonyou Confirmed User Join Date: Sep 2003 Location: Lincoln, NE Posts: 3,853	new business bankrupt....new business.... Someone keeps enough money to start over.... cycle repeats. __________________ Completely Real Amateur girls doing awesome things! Signup to promote Nebraskacoeds Today! Hit me up on ICQ/AIM 473324556/jasonnecoeds for exclusive content to promote with! And any ?'s

06-04-2007, 10:14 PM	#6
munki Do Fun Shit. Industry Role: Join Date: Dec 2004 Location: OC Posts: 13,393	Ouch.... __________________ “I have the simplest tastes. I am always satisfied with the best.” -Oscar Wilde

06-04-2007, 10:42 PM	#7
eightmotives Confirmed User Join Date: May 2007 Location: Los Angeles Posts: 811	Those commercials rocked. __________________ DNPimping.com - "Pimping Domains Ain't Easy" 23868443

06-04-2007, 09:53 PM	#3
dissipate The Dirty Frenchman Industry Role: Join Date: Nov 2005 Location: Lost Angeles Posts: 8,904	ruh roh speghettio's

06-04-2007, 09:56 PM	#5
rip raster Confirmed User Join Date: May 2001 Location: Everville Posts: 2,851	yikes $ 100 million

06-04-2007, 10:56 PM	#8
BangTheChamp Confirmed User Join Date: Jun 2007 Location: south florida baby!!! Posts: 187	it's good concept just need better contents __________________ ChampsCash.com coming soon! Featuring Bangthechamp.com

06-05-2007, 08:50 AM	#9
Elli Reach for those stars! Industry Role: Join Date: Apr 2003 Location: Vancouver, BC Posts: 17,991	I couldn't even tell what they were. I wasn't sure if they were selling phones or service or what. The ads were just strange. __________________ email: [email protected]

06-05-2007, 08:56 AM	#11
69pornlinks Confirmed User Join Date: Mar 2003 Location: Heranus Posts: 5,560	that's the american way...just ask trump,k-mart and so on....get in over your head then file for bankruptcy then do it all over again __________________ It IS what it IS

06-05-2007, 08:57 AM	#12
candyflip Carpe Visio Industry Role: Join Date: Jul 2002 Location: New York Posts: 43,064	Actually I think those old people commercials were for Boost Mobile. Guess it doesn't help matters when people can't figure out if it's you or a competitor. __________________ Spend you some brain. Email Me

06-05-2007, 09:03 AM	#13
Brad Confirmed User Industry Role: Join Date: Jan 2007 Location: Toronto Posts: 2,510	First. They had excellent ads. I say if you didn't know what they were advertising then you probably don't pay too much attention to ads (which is fine, i wish I could tune them out more often). Secondly, this is no big surprise. Their service was really expensive (at least in Canada it was). I think they over estimated the number of people willing to shell out money to watch tv and shit on their phones. Perhaps people will be interested in watching tv on their phone in the future, I think it was just too soon and too expensive right now. __________________ Affiliate Manager/Media Buyer ICQ 376 978 529 Skype: bradleyjwscott [email protected]