Amp'd Mobile Enters Chapter 11
Amp’d Mobile, a mobile media-focused carrier that was nearing the 200,000 subscriber mark, filed for Chapter 11 on Friday.
Amp’d offer’d a fairly compelling product, with dozens of TV channels and exclusive programming available on a slew of decent handsets. The company stated in their bankruptcy announcement that they “couldn’t keep up with the growth,” but as Engadget points out, that’s a pretty tenuous claim to make — particularly since they went through, oh, $360 million in venture capital.
This
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