Original sentence: On 1 January 2003 the States of Jersey's Telecommunications Board was corporatized and the telephone system was passed into a limited liability company, Jersey Telecom Limited, with 100% of the share capital retained by the States, which was granted a Class III licence by the JCRA to operate a telecommunications system in the island
Edited sentence: On 1 January 2003 the States of Jersey's Telecommunications Board was corporatized and the telephone system was passed into a limited liability company, Jersey Telecom Group Limited, with 100% of the share capital retained by the States, which was granted a Class III licence by the JCRA to operate a telecommunications system in the island