In recent news Verizon has threatened to cut off Amp'd after the wireless provider filed for bankruptcy on June 1. Amp'd is up to its knees in problems and the fact that they owe Verizon $33 million doesn't make things any easier. Apparently the exec's at Amp'd are saying that company isn't going out of business but when companies usually file for Chapter 11's that is usually the case. We can only wait for the outcome of this mess and I do hope that the companies square things out. Till then I'll keep the news coming as soon as a hear of it.
Cheers,
John
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