Ofcom renews ITV's licences for full 10-year term

11th Feb 2014 15:25

Broadcaster ITV on Tuesday confirmed it had accepted Ofcom's decision to renew ITV's licences for a full 10-year term. "This provides us with the certainty we require to continue to invest for the long term in our broadcast business and in high quality content," the FTSE 100-listed company said. The group's share price rose 2.34% to 205.80p by 15:24.NR