On the 27th day of e-auction of third phase of FM Radio, 94 channels spread over 56 cities, provisionally won the bidding today. The auction fetched cumulative price of around 1,155 crore rupees against the aggregate reserve price of about 459 crore rupees. So far, 108 rounds of bidding are over. <br/>The first batch of auction for 135 FM Channels in 69 existing cities of Phase II began on 27th of July this year.