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Teletext Sole Bidder For C5 Service
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Teletext looks set to provide its data service to Channel 5, after its bid for the ten year licence was the only one received by the Independent Television Commission by last Friday’s deadline.
The cash bid offered for the licence was £35,000 and the effective term of the Channel 5 licence will be reduced if digital switch-over is achieved during the ten year period of the licence. Teletext already holds licences to provide its data services on Channel 4 and ITV.
The ITC hopes to award the licence by the end of April this year, and it is thought that if Teletext is given the go-ahead, it will launch its new service in August.
Teletext: 020 7386 5000 www.teletext.co.uk
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