On the 21th day of e-auction of third phase of FM Radio, 94 channels spread over 56 cities, provisionally won the bidding yesterday. The auction fetched cumulative price of around 1,134 crore rupees against the aggregate reserve price of about 459 crore rupees. So far, 84 rounds of bidding are over. <br/><br/>An official release said, so far, 17 cities have got provisional winning price for their channels more than 100 per cent above their respective reserve prices. <br/><br/>It also said, Ahmedabad, Amritsar, Aurangabad, Bengaluru, Bhubaneshwar, Chennai, Delhi, Guwahati, Jaipur, Jodhpur, Kolhapur, Mumbai, Nasik, Patna, Pune, Rourkela and Varanasi got provisional winning bidders at prices more than double the respective reserve prices.<br/><br/>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 25, 2015 8:27 AM
Radio Phase III auction: 94 channels become provisional winners