Can we draw the following hypothesis from the context?

Context:

The launch of France's new 24 hour TV news channel, France 24, saw the new jointly owned channel start by going online. A streaming broadcast became available on the internet from 19:29 GMT today. Future plans are to have the new channel available on cable and satellite with English and French reporting. Coverage in Arabic and Spanish is among the ambitious future plans for the channel.

Hypothesis: France24 is a French TV Channel.
yes