OnLive’s acquisition-driven bankruptcy may cause stakeholders to lose their shares in the original company. A representative for British Telecom, which held a 2.6% stake, told TechRadar that it’s “highly likely” the company will have to “write off” the investment, but added that the amount “does not represent a significant investment for BT as a whole”. […]
British Telecom headlines
British Telecom has said that OnLive should launch in the UK by the end of 2011.