Business Standard

Tuesday, December 24, 2024 | 08:47 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

E-Auction of FM Radio completes 104 rounds

Image

ANI New Delhi

On the 26th day of the e-auction of the third phase of FM Radio, 94 channels spread over 56 cities, provisionally won their respective biddings on Monday.

The auction fetched a cumulative price of around 1,151 crore rupees against the aggregate reserve price of about 459 crore rupees.

So far, 104 rounds of bidding are over. It has re-started on Tuesday at 9.30 a.m.

The first batch auction for 135 FM Channels in 69 existing cities of Phase II began on 27th of July this year.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 01 2015 | 12:29 PM IST

Explore News