IntelePeer, which provides an IP-based routing platform for telecom providers and enterprises, postponed its IPO on Wednesday because of poor market conditions. The San Mateo, CA-based company was founded in 2003 and booked $137.3 million in sales for the 12 months ended 9/30/11. J.P. Morgan, Deutsche Bank Securities, and Barclays Capital were set to be the lead underwriters on the deal.
