In a statement issued late last night, the Lisbon-based provider of call centre software said: "Altitude Software has decided to postpone its IPO due to increasingly adverse market conditions and will re-evaluate the Offering when conditions improve.
BT blamed an on going competition review by the Office of Fair Trading and poor market conditions. Last November BT announced it was intending to float Yell in order to raise around £1bn towards clearing its mounting debts.
BT and Deutsche Telekom have also announced that they are to co-operate on building their 3G infrastructures in a bid to trim £1.2bn off the cost of setting up their networks. A spokesman did confirm that the company "reserves the right to sue if...
In the US, the common argument now is that the FCC, the main telecoms regulator, is in large part to blame for the failure of liberalisation because in allowing new entrants to enter the market by piggybacking on existing operators...
The government has cited "significantly changed market conditions" as the main reason behind its decision to abandon its £15m broadband aggregation scheme.silicon.com revealed earlier this week that the Department of Trade and Industry is to close...
The estimate also includes all commercial and governmental IT and telecommunications infrastructures worldwide - but no consumer electronics other than mobiles and PCs. Garter predicts more than one-third of IT organisations will have one or more...