 The company formerly owned the Touch Radio Network stations in the Midlands outright until selling them to Quidem in June 2009.The two exceptions to this were the Loughborough licence, Oak FM, which was sold to the Lincs FM Group, and the Banbury Touch FM licence, which was sold to a private consortium and relaunched as Banbury Sound.It quickly became apparent that operating these licences outside of the regional network was not a commercially sensible move.