Complex sentence: As the Five broadcasting company are taking two of Top Up TV's live daytime and evening channel streams to launch Five US and Five Life in mid-October 2006, this will leave Top Up TV with only two live daytime channel streams for their timeshared service.
Split into simpler sentences: As the Five broadcasting company are taking two of Top Up TV's live daytime and evening channel streams to launch Five US and Five Life in the middle of October 2006. This will leave Top Up TV with only two live daytime channel streams for their timeshared service.