Can we draw the following hypothesis from the context?

Context:

Tipp FM (Tipperary Local Radio), licensed since 1989 by the Broadcasting Commission of Ireland, is the local radio station covering County Tipperary. In addition to the official franchise area, the station also enjoys a listenership in neighbouring counties.

Hypothesis: Tipp FM is now a global Radio that was licensed since 1989 by the Broadcasting Commission of Ireland, is the local radio station covering County Tipperary.
No