Amp’d Mobile purchased by United Systems Access
United Systems Access will purchase bankrupt mobile entertainment company Amp’d Mobile, letting more than 100,000 customers keep their service if they make the jump to the Main-based company.
The Los Angeles Times has the story here.
United Systems’ Prexar Mobile will provide service. Amp’d will also get… Continue Reading
Amp’d Mobile asset list *not* full of porn
Sorry folks, we made a big mistake on this one.
This was originally a story about the asset list of bankrupt mobile entertainment network Amp’d Mobile, and how it included several pages of porn titles. A source, reliable in the past, had sent us a… Continue Reading
Amp’d shuts down wireless network, amid debate to open spectrum
Amp’d Mobile will close its service and sell its assets.
We’ve written enough about this company. It is badly run, and so its difficult to draw lessons on what it means for MVNOs, or networks that lease infrastructure from the big carriers. But its difficult to… Continue Reading
What were they thinking? Amp’d Mobile’s mad credit strategy
Amp’d Mobile, the hard-charging mobile content company that raised $360 million only to burn through it all and crash into bankruptcy, continues to surprise.
We’re now hearing from people familiar with Amp’d strategy that its mistake was to change its credit check policy, in a foolhardy… Continue Reading
Roundup: Nextag, ThisNext, Amp’d, Lala, Ask3D and much more
(Updated) Here’s the latest action, catching up for the past two days:
Boring shopping Web sites attract interest — There are so many shopping search engines, we’ve given up trying to count. And yet investors remain interested. Santa Monica, Calif.’s ThisNext, a social shopping Web site, has… Continue Reading
Amp’d Mobile files for banktrupcy
Amp’d Mobile, a Los Angeles based mobile provider, has filed for Chapter 11 bankruptcy protection after falling into debt and not being able to raise more cash to cover it.
This is a spectacular crash because the young company — which offers mobile entertainment targeted to… Continue Reading
Roundup: Ooyala to launch, Google gobbles Greenborder and more
Here’s the latest action:
Ooyala, secretive ex-Google company, about to launch — The Mountain View, Calif. company, founded by ex-Google engineers and product managers, is secretive but says it delivers a high-quality, interactive, video experience, and is a couple of months away from launch. Sean Knapp, a… Continue Reading
Roundup: Apple TV a hit, YouTube killer, Google PPA, Wink & more
Updated
Apple TV is a hit — According to early accounts, at least.
YouTube killer? — [Update: This has been confirmed.] Rumors have existed for some time about collusion among the big-media players to challenge YouTube, the king of video sharing. Now the LA Times reports that News Corp…. Continue Reading
Amp’d Mobile raises whopping $107M fifth round of financing
Amp’d Mobile, a Los Angeles based company that operates its own mobile network offering entertainment content to young people, has raised $107 million more in a fifth round of capital, according to a regulatory filing cited by VentureWire (sub required).
Amp’d Mobile is a so-called “mobile… Continue Reading