Amp'd part tres: Verizon and Amp'd make a deal

Seems like Amp'd is one MVNO that just won't quit, as they've settled their dispute with Verizon.  Verizon originally threatened to shut Amp'd off its network if they didn't pay up the $33 million in usage charges, but Amp'd filed a lawsuit in an attempt to force Verizon to keep letting them use Verizon's network.

Since Amp'd is assured network access, it puts the company in a position to obtain funding through its chapter 11 proceedings, despite already burning through $360 million in startup funding.  The takeaway from the news? Despite its piling debt, pending bankruptcy and other woes, Amp'd can keep the lights on and those shyster subscribers can continue not paying their bills.