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BT's Yell IPO may be delayed

British Telecommunications may be forced to delay the float of its directory business, Yell, due to a regulatory review.

Yell spokesman Richard Duggleby told eFinancialNews: &quotYell is a regulated business. The Office of Fair Trading is currently performing a review which it has to complete to its satisfaction. If the review goes beyond the end of March the flotation could be delayed but the OFT is aware of our deadline.&quot

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