The network is regulated by the media regulator Ofcom who is responsible for awarding the broadcast licences. The last major review of the Channel 3 franchises was in 1991, with all operators' licences having been renewed between 1999 and 2002 and again from 2014 without a further contest. While this has been the longest period that the ITV Network has gone without a major review of its licence holders, Ofcom announced (following consultation) that it would split the Wales and West licence from 1 January 2014, creating a national licence for Wales and joining the newly separated West region to Westcountry Television, to form a new licence for the enlarged South West of England region.