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Home  » Business » Common infrastructure for FM Radio in 9 cities

Common infrastructure for FM Radio in 9 cities

Source: PTI
July 02, 2005 16:04 IST
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The centre, which allowed 20 per cent foreign direct investment in private FM radio services, will create common infrastructure for these channels in nine cities, including Chennai, Bangalore and Hyderabad, a note prepared by the information and broadcasting ministry said.

A total of 48 FM channels would be available for bidding by the private sector on the common infrastructure network created by the government in these nine cities, it said.

The other cities where the common infrastructure would be created for FM channels include Delhi, Kolkata, Mumbai, Jaipur, Pune and Surat.

In Chennai and Delhi, six channels each would be available for biddings on phase-II of private FM Radio Broadcasting, after earmarking a total of seven channels (Chennai-3 and Delhi-4) for IGNOU and other educational institutions, it said.

Hyderabad and Bangalore would have the highest number of channels available for bidding at seven each, while Kolkata and Mumbai would have five FM radio channels each for bidding, it said.

The centre on Friday announced the second phase of private FM radio broadcasting, replacing the existing licensing model with a revenue sharing regime.

While five channels will be available for bidding in Jaipur, another four would be up for grabs in Surat. In Pune, the number of channels available for bidding is three.

A total of 24 channels in these nine cities would be earmarked for IGNOU and other educational channels, it said.

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