The e-auction of first batch of private FM radio phase III re-commenced today and during the day, four rounds of bidding took place. At the close of third day of bidding, 80 channels in 55 cities became provisionally winning channels with cumulative provisional winning price of around 549 crore rupees against their aggregate reserve price of about 377 crore rupees. The auction resumed today with auction activity requirement set at 80 per cent. Till now, 12 rounds of bidding are over. The first batch auction for 135 FM Channels in 69 existing cities of Phase II began on 27th of this month. Bidding will re-commence tomorrow.