“The first batch comprised vacant channels in existing cities only i.e. the cities where private FM operators were already present; hence, the operationalization of channels in new cities taken up in the second batch will lead to actual geographical expansion of private FM radio,” a ministry statement said.
A RJ at the studio thehindubusinessline
Those winning the 36 channels up for sale in 14 cities of these states will get special incentives.
A man listening to the radio in a village financialexpress
It is the part of second second batch of Private FM Phase III. The first set of auctions held in September when 91 channels were auctioned in 54 cities.