Energis to snuff out offspring
Freedom to achieve eternal liberty
Energis is set to commit infanticide on one of its own fledgling businesses.
Documents seen by The Register suggest that the telco is about to issue a winding up petition against Freedom Telecom for an outstanding debt.
How much Energis is owed was not disclosed.
However, Freedom Telecom was funded last year to the tune of £5 million from partners including Energis and, according to one report, the industrial group Siemens.
It's understood that Energis is willing to accept intellectual property relating to Freedom's telephony service rights and hardware to settle the debt.
Energis refused to comment except for this short statement from a spokeswoman: "Freedom are an Energis customer, we are looking at the relationship in some detail.
"The details of the contract are commercially confidential, so I'm afraid I cannot comment on this customer any further," she said.
No one at Siemens had a clue what we were on about when the Reg called today.
And no at Freedom Telecom returned our calls despite repeated attempts to get in contact with the outfit.
Last year Freedom Telecom promised to offer free voice and Internet calls in return for punters listening to short ads.
At one point the company claimed to have 25,000 customers. ®