Amp'd nears 200,000 subs; Nearly doubles numbers in first quarter.(News)

RCR Wireless News, April, 2007

Byline: KELLY HILL Amp'd Mobile Inc. says it is close to reaching the 200,000 subscriber mark after a strong first quarter, numbers that indicate the mobile virtual network operator is rapidly gaining customers. Amp'd reported in January that it ended 2006 with more than 100,000 customers, and it appears to have nearly doubled its customer base during the three months of the first quarter.

"Our first-quarter results are extremely encouraging, and though we've still got a ways to go, each of us believes 100 percent in Amp'd and what we're trying to achieve,'' said Peter Adderton, CEO and founder of Amp'd. The MVNO reported: * 87,000 new activations in the first quarter, and 84 percent of its user base is postpaid. Amp'd reported more than...

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