Teletext systems network in the mid-late 1970s. Due to the adoption of a common teletext standard (WST), the ORACLE system ceased in 1976. The name was retained for the service itself, that continued after that year using the WST standard. "World System Teletext" (or "WST") is the name of a standard for teletext throughout Europe today. Almost all television sets sold in Europe since the early ’80s have built-in WST-standard teletext decoders as a feature. It originally stems from the UK standards developed by the BBC (Ceefax) and the UK Independent Broadcasting Authority (ORACLE) in 1974 for teletext transmission, extended in 1976
ORACLE (teletext) to the highest bidder. ORACLE successfully campaigned for the creation of a franchise for the teletext service on ITV and Channel 4, only to find themselves outbid by Teletext Ltd., a consortium originally comprising Associated Newspapers, Koninklijke Philips Electronics N.V. and Media Ventures International, who started broadcasting at midnight on New Year's Day 1993. At various times of the day, ORACLE pages were broadcast in vision, albeit mostly on Channel 4, although occasionally pages were shown during the night on ITV. Shown between 1983 and January 1997, 4-Tel on View was a magazine featuring previews of the day’s Channel 4’s