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Taken from "Top 10 Train Wrecks of 2007" on Yahoo!:
Amp'd Mobile goes dark:
"It wasn't that long ago that MVNOs (short for Mobile Virtual Network Operators) were absolutely red-hot—and Amp'd Mobile, a hip, youth-oriented MVNO featuring edgy TV commercials and 3G handsets—was one of the brightest stars. But Amp'd tumbled to earth in June, filing for Chapter 11 bankruptcy protection; by July, it notified subscribers that it was shutting down for good. What happened? Turns out that while Amp'd was signing up new subscribers left and right, only about half of them were paying their bills. D'oh!"
Damn "customers" not paying their bills. That sounds entirely too familiar to stories around here.
Amp'd Mobile goes dark:
"It wasn't that long ago that MVNOs (short for Mobile Virtual Network Operators) were absolutely red-hot—and Amp'd Mobile, a hip, youth-oriented MVNO featuring edgy TV commercials and 3G handsets—was one of the brightest stars. But Amp'd tumbled to earth in June, filing for Chapter 11 bankruptcy protection; by July, it notified subscribers that it was shutting down for good. What happened? Turns out that while Amp'd was signing up new subscribers left and right, only about half of them were paying their bills. D'oh!"
Damn "customers" not paying their bills. That sounds entirely too familiar to stories around here.