Can we draw the following hypothesis from the context?

Context:

The Appalachian IMG Sports Network was founded in 2007 as Appalachian ISP Sports Network. It is a group of 17 radio stations that carry Appalachian State University sports. The flagship station is WKBC-FM 97.3 in North Wilkesboro, North Carolina. When ISP Sports was bought by IMG Worldwide subsidiary, IMG College, in 2010, the network switched to its current name.

Hypothesis: The Appalachian IMG Sports Network was founded more than 3 years ago.
Yes