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FLOAT OF THE WEEK - TV Commerce builds on its success

Aim hopeful TV Commerce Holdings plans to combine telephone, short message service (SMS) and television services to drive revenues. By offering services such as photo palm-reading via picture phones, it is building up a strong customer base.
January 28, 2005

Aim hopeful TV Commerce Holdings plans to combine telephone, short message service (SMS) and television services to drive revenues. By offering services such as photo palm-reading via picture phones, it is building up a strong customer base.

It broadcasts on Sky Channel 694, and, to date, has launched Your Destiny TV and The Advert Channel - the most successful channel launch last year. The next offering is likely to target betting audiences. It is raising £2.5m via an offer for subscription at 6p a share to help fund strategic development. The broker to the issue is SP Angel & Co, and trading is expected to start on 21 February.