Telerate And Telemet Partnerships Plan Quote Transmission To Portable Receivers In London

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The two most familiar portable quotation terminals in the U.S. should begin appearing on the streets of London early next year. Joint ventures involving two American firms -- Telerate, Inc. and Telemet America, Inc. -- won the first two FM sideband "radio teletext" franchises in the United Kingdom, and the winners intend to export their technology across the Atlantic.

The Independent Broadcasting Authority selected Independent Radio Features Ltd., the Telerate joint venture, and Telemet U.K. Ltd

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