Ulster Television has been awarded the new Ofcom radio licence for Belfast and the surrounding area - a catchment area of 750,000 adults.
UTV aims to have the new radio station, U105, on air by early next year. The station will be targeted mainly at the over 45s, and will provide a mixture of talk and music.
'UTV has a demonstrable track record in providing successful local television and radio services,' commented UTV's Group CEO John McCann.
UTV announced a 28% increase in pre-tax profits for 2004 yesterday. The group's pre-tax profits - before goodwill amortisation - rose to £17.4m sterling for the year ending December 31, 2004, up from £13.6m in 2003 .
