TSR Wireless Files for Bankruptcy
NEWARK, N.J. (AP) _ TSR Wireless LLC, a pager service provider and retailer of wireless devices, declared bankruptcy on Friday, five days after it halted business and left nearly 2.6 million subscribers in limbo and 1,700 workers jobless.
The company, which bills itself as the nation’s sixth-largest pager carrier, seeks to liquidate its assets under Chapter 7 of the federal bankruptcy code.
Its petition was filed in U.S. Bankruptcy Court in Newark and assigned to Chief Bankruptcy Judge Rosemary Gambardella.
Repeated efforts this week to contact representatives of the Fort Lee-based company were unsuccessful. The main number at headquarters rang unanswered, as did calls and e-mails to TSR’s customer service.
The company’s bankruptcy lawyer, Julio C. Gomez, did not immediately return a call from The Associated Press.
While the bankruptcy will likely disrupt paging service for TSR customers, the wireless network operators who carried TSR’s traffic might offer to honor service contracts in a bid to win those customers permanently.
TSR was founded in 1974 as TSR Paging and changed its name in 1998 after it acquired American Paging from Telephone and Data Systems. The company operates 275 stores nationwide.
In addition to paging, the company sold mobile phone services provided by AT&T and Nextel.
On the Net:
TSR Wireless: http://www.tsrwireless.com