TELETECHNET, an intercampus instructional television network at Old Dominion University, delivers upper-division coursework for baccalaureate programs to community college sites in the Commonwealth of Virginia. In 1996-97, more than 5,000 students were enrolled in over 20 programs distributed to 40 sites, including community colleges, hospitals, military installations, and corporations. When compared with regular on-campus classroom instructional programs, TELETECHNET achieved essentially equivalent results in learning outcomes, which include student performance, retention, and graduation. Though the quality of instruction is equivalent, TELETECHNET increases student access and provides incentives and opportunities for faculty development and for institutional renewal and growth that are superior to classroom instruction. TELETECHNET is also more cost-effective than sending live instructors to deliver courses at sites throughout the state. When comparing its cost with the cost of on-campus courses, however, TELETECHNET costs are competitive with classroom costs for high-demand, and in some cases, medium-demand courses, but more expensive than classroom instruction for low-demand courses. This is due to its relatively higher fixed costs. (YKH)