Unused terrestrial analogue signal capacity on Channel 5 is to be put up for auction by Britain's Independent Television Commission.
The ten year licence allows the broadcast of Teletext and other similar analogue signals, alongside the channel’s present TV output. It will be awarded by competitive tender with a £40,000 fee for opening the bidders’ envelopes. Closing date for tenders is March 1 next year and the successful contender will be announced at the end of April.
Although the licence term is ten years, the agreement could come to a juddering halt before then if the government decides to switch off the analogue signal – a move currently scheduled with airy vagueness for any date between 2006 and 2010. The announcement made no reference to a rebate or compensation in such circumstances.
News source: CampaignLive (UK)