Details are up here now on the Amp’d website and the customers are being told about it later today, through text messages. The service will go off on Tuesday at midnight, July 24. The early termination fee does not apply to all the cutomers who will have to decide which operator to move to. The company is not porting them over to Verizon, on whose network Amp’d ran on. As for what will happen in the auction, expect multiple parties bidding. I would expect the MVNO base to be sold separately from the media/content assets/IP.
Updated: Got the disconnection notice text: AMPD MSG: Your svc may be disconnected on 7.24 @ 12:01am. Go to http://www.ampd.com or contact the location where you activated your service for further info.