On the 18th day of e-auction of third phase of FM Radio, 94 channels spread over 56 cities, provisionally won the bidding. The auction fetched cumulative price of around 1,123 crore rupees against the aggregate reserve price of about 459 crore rupees. So far, 72 rounds of bidding are over.The first batch auction for 135 FM Channels in 69 existing cities of Phase II began on 27th of last month.
News On AIR | August 19, 2015 9:03 PM
Day 18 FM Radio Phase III auctions: 94 channels provisionally win bidding