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Bankrupt Amp’d Seeking Funds From CEO Adderton And Others To Repay Creditors - 0 Comments
Posted By Tricia Duryee - Fri 08 Feb 2008 12:29 PM PST

Yes, the Amp’d story refuses to die: Amp’d Mobile is trying to raise cash, even from its former CEO Peter Adderton, to repay some of its creditors by auctioning off…

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Industry Moves: Bill Stone Joins Handango As CEO - 0 Comments
Posted By Rafat Ali - Wed 28 Nov 2007 10:05 AM PST

Bill Stone, till recently the president of the shuttered MVNO service Amp’d, has joined mobile software and content retailer Handango as the new CEO. Founder Randy Eisenman will remain “actively…

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MoComment: Google Should Follow Apple, Not Disney - 6 Comments
Posted By James Quintana Pearce - Tue 02 Oct 2007 11:05 PM PST

What is Google (NSDQ: GOOG) thinking? I’m not being facetious, I really want to know… The company has a lot of mobile services available, and there are quite a few…

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Amp’d Content Team And Former CEO Close To Joining Wi-Max/Wireless ISP Clearwire - 4 Comments
Posted By Rafat Ali - Thu 09 Aug 2007 10:18 PM PST

Former Amp’d Mobile founder and CEO Peter Adderton and most of the execs on its content (Amp’d Live) team are close to joining Wi-Max broadband wireless ISP Clearwire (Nasdaq:CLWR), MocoNews.net…

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Telus Writeoff For Amp’d Mobile Canada: $18 Million - 0 Comments
Posted By Rafat Ali - Fri 03 Aug 2007 06:06 PM PST

We mentioned yesterday about MTV Networks’ writeoff for its investment in bankrupt Amp’d Mobile ($36 million). Telus, the Canadian teclo which invested in Amp’d and opened up Amp’d Canada, also…

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Amp’d Mobile’s Customer Buyout Approved By Judges; Amp’d Gets 25 Percent Stake In Prexar - 4 Comments
Posted By Rafat Ali - Thu 02 Aug 2007 07:49 PM PST

Some more developments in Amp’d Mobile’s bankruptcy auction: the Delaware judge has approved United Systems Access (serving under PrexarMobile brand name) purchase of the MVNO’s customers. The deal calls for…

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MTV Networks’ Writeoff On Its Investment In Amp’d: $36 Million - 0 Comments
Posted By Rafat Ali - Thu 02 Aug 2007 02:49 PM PST

That came out today in MTV’s parent Viacom’s (NYSE: VIA) 10-Q filing for its Q2 earnings: “In the second quarter, the Company recorded a pre-tax impairment charge of $36.0 million…

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Amp’d Canada Dead Too - 0 Comments
Posted By Rafat Ali - Thu 02 Aug 2007 12:56 AM PST

Not that this was a surprise: Amp’d Canada, the JV with Telus, is alo dead, four month after it launched there.Telus, which handled distribution, customer care and billing for the…

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Audio Interview: Peter Adderton, Former CEO, Amp’d Mobile - 14 Comments
Posted By Rafat Ali - Mon 30 Jul 2007 11:23 PM PST

A wide ranging interview with Peter Adderton, the former founder and CEO of Amp’d Mobile, whose bankruptcy auction proceedings will start tomorrow morning in court. I spoke to him earlier…

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Amp’d Mobile Customers Being Courted By Prexar Mobile; Prexar Buys Customer Assets - 8 Comments
Posted By Rafat Ali - Mon 30 Jul 2007 08:00 PM PST

Updated Below: I just got a strange text on my Amp’d phone, which as we know will be turned off midnight tomorrow: “Keep your Ampd phone and get 100 free…

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Amp’d Users Get Another Week - 0 Comments
Posted By Rafat Ali - Mon 23 Jul 2007 11:36 PM PST

So it seems, after a revised FAQ on the Amp’d website tonight. LAT is also reporting the same. So July 31 it is then.

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Amp’d Mobile: Live Free And Die Hard - 2 Comments
Posted By Rafat Ali - Sun 22 Jul 2007 09:42 AM PST

The teaser campaign TV ads for Amp’d Mobile (done in last 2005 before they launched last year) will go down in history as the most ironically prescient ads of all…

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Amp’d Turning Off Service Tuesday - 17 Comments
Posted By Rafat Ali - Sat 21 Jul 2007 04:11 PM PST

Details are up here now on the Amp’d website and the customers are being told about it later today, through text messages. The service will go off on Tuesday at…

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Amp’d Mobile Decides To Sell Off Assets - 6 Comments
Posted By Rafat Ali - Fri 20 Jul 2007 05:04 PM PST

As I mentioned earlier today, things are a lot bleaker for Amp’d with no debtor-in-possession financing in place. The company has filed with the bankruptcy court, and has finally decided…

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Will Amp’d Close Down Its Service Monday? - 5 Comments
Posted By Rafat Ali - Fri 20 Jul 2007 11:56 AM PST

Unless there are other last minute shenanigans and getting debtor-in-possession financing, one might expect Amp’d Mobile to close its service by Monday...that’s just my hunch, and not based on reporting,…

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Amp’d Drama Continues: Verizon Wants Out, For Real - 2 Comments
Posted By Rafat Ali - Wed 18 Jul 2007 05:52 PM PST

The drama continues in the bankruptcy court, as Verizon Wireless, frustrated by the failure of Amp’d to line up a bankruptcy loan, wants to disconnect the startup once and for…

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Amp’d Mobile’s Settlement With Verizon Wireless Approved - 0 Comments
Posted By Rafat Ali - Tue 03 Jul 2007 10:35 PM PST

Some more reprieve for Amp’d, though judging by the comments on our posts here and here, there are some angry customers: anyway, the Delaware bankruptcy judge said Amp’d can pay…

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Amp’d Signs Deal With Verizon For Network Usage - 6 Comments
Posted By James Quintana Pearce - Sat 23 Jun 2007 02:03 AM PST

Amp’d has signed a deal with with Verizon that will see the MVNO continue to use the carrier’s network, in exchange for Amp’d dropping its lawsuit to prevent Verizon kicking…

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Amp’d Mobile Gets A Week’s Lifeline; Can Take Money; Sues Verizon - 4 Comments
Posted By Rafat Ali - Wed 20 Jun 2007 03:01 PM PST

Some more interim developments in the Amp’d Mobile Chapter 11 bankruptcy court proceedings: the judge had extended its lifeline for another week, allowing the mobile phone network to tap $7.5…

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Peter Adderton Offically Out Of Amp’d Mobile - 8 Comments
Posted By Rafat Ali - Tue 12 Jun 2007 11:56 AM PST

We’ve confirmed through sources: Peter Adderton, the embattled CEO of the now-in-Chapter-11 MVNO Amp’d Mobile, has left the firm as CEO. He is still on the board and is still…

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Amp’d Bankruptcy Hurts Mobile Porn—NYT - 4 Comments
Posted By James Quintana Pearce - Mon 11 Jun 2007 02:20 AM PST

The New York Times has drawn a fairly long bow by reporting that ”Amp’d Mobile’s filing for protection from bankruptcy on June 1 may have one unexpected side effect: a…

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Amp’d Bankruptcy: Day In Court; Verizon Answers Back - 5 Comments
Posted By Staci D. Kramer - Tue 05 Jun 2007 03:35 PM PST

Amp’d Mobile’s first bankruptcy hearing was Tuesday afternoon in Wilmington. Steven Yoder, one of the attorneys representing Amp’d, told me by email, “All of the relief we sought today was…

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Amp’d’s Fall And Virgin’s IPO - 0 Comments
Posted By James Quintana Pearce - Tue 05 Jun 2007 09:20 AM PST

There are some parallels being drawn between Amp’d and Virgin, which isn’t going to help the latter’s planned IPO. Of course, Amp’d is also being compared to the MVNO business…

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Amp’d Bankruptcy: All Our Coverage - 0 Comments
Posted By James Quintana Pearce - Mon 04 Jun 2007 10:13 PM PST

--Amp’d Bankruptcy: Verizon Played Key Role In Timing; Threatened To Shut Off Service --Amp’d Bankruptcy: By The Numbers: ‘Liquidity Crisis’ Due, In Part, To 80,000 Non-Paying Customers --Amp’s Official Statement…

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Amp’d Bankruptcy: Verizon Played Key Role In Timing; Threatened To Shut Off Service - 9 Comments
Posted By Staci D. Kramer - Mon 04 Jun 2007 03:04 PM PST

Verizon played a key role in Amp’d Mobile’s decision to file for bankruptcy late Friday—and the timing, according to an affidavit by Bill Stone, president of Amp’d Mobile, filed Monday…

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Rafat Ali
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