Amp'd files for bankruptcy

Mobile-content-focused MVNO Amp'd Mobile has filed for Chapter 11 bankruptcy, owing a bucket load of money to Verizon and other content licensors (MTV, etc).

http://ces.engadget.com/2007/06/02/ampd-files-for-chapter-11-bankruptcy/

http://www.moconews.net/entry/419-ampd-mobile-to-file-for-chapter-11-bankruptcy-hopes-to-restructure-with/