On the 14th day of e-auction of third phase of FM Radio, 88 channels spread over 56 cities, provisionally won the bidding. The auction fetched cumulative price of around Rs 1,022 crore against the aggregate reserve price of about 426 crore. <br/><br/>After Delhi and Bengaluru, Mumbai became third city to get provisional winning price of over Rs 100 Crore.<br/> <br/>Yesterday also, 87 Channels spread over 56 cities, had won the bidding. So far, 56 rounds of bidding are over. It will re-start tomorrow at 9.30 in the morning.<br/>The first batch auction for 135 FM Channels in 69 existing cities of Phase II began on 27th of this month.