[PHP-INSTALL] Unable to create selectable TCP socket

Hi! I have a simple PHP script:

$mbox = imap_open ("{localhost:993/imap/ssl}INBOX", "[email protected]",
"123");
if(!$mbox) {
        echo 'Error: '.imap_last_error().'<br/>';
}

Script works fine from local PC, but results to error when executed at web
hoster site.
The error is: "Error: Unable to create selectable TCP socket (2090 >= 1024)"

What could cause this error?

Thanks!
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