Amp’d has signed a deal with with Verizon that will see the MVNO continue to use the carrier’s network, in exchange for Amp’d dropping its lawsuit to prevent Verizon kicking it off the network. This gives Amp’d the ability to continue to offer services as it works through its financial woes. “The settlement should help Amp’d Mobile obtain financing to fund its business during its Chapter 11 case. According to court papers filed on Wednesday, the Verizon litigation has “hindered (Amp’d Mobile) to procure debtor in possession financing” reports AP via Forbes.