Amp’d mobile a fairly new service provider has announced that it has filed for Chapter 11 and hopes to revamp the company and find a new source of financing.

According to a statement Amp’d said that its customers will not see any service disruptions.

With major providers offering services such as VCast and MyFaves it is going to be difficult for smaller providers like Amp’d to compete.

Amp’d target audience is young professionals, who love music and video entertainment and want a high-speed mobile broadband connection.