FM bid: HT, Radio Mid-Day West, Adlabs bag multiple licenses in metros

NEW DELHI: Financial bidding for A and A+ category cities of FM radio is in progress. A total of 29 companies in 13 cities have applied for licenses for A and A+ categories. The frequency on offer number over 60.

As per the latest information available with, HT Music and Entertainment, Radio Mid-Day West WW and Adlabs have bagged multiple licenses in the metro cities.

Some of the other companies that have bid for A, A+ categories include Entertainment Network India Ltd (Radio Mirchi), BAG Films, Radio Today, Music Broadcast Private Limited (Radio City), Raj TV, Muthoot Finance, Clear Media, Rajasthan Patrika, Delhi Press Prakashan and TV9 Associates.

HT Music, which quoted Rs 350 million for Mumbai, has emerged as the highest bidder in major cities for which bids have been opened till now.

Adlabs has placed bids for licences in six cities while HT Music is confident of bagging licences in all the four cities they have bid for.

Adlabs is eyeing Delhi, Mumbai, Kolkata, Bangalore, Hyderabad and Chennai while HT Music has bid for Delhi, Kolkata, Mumbai and Bangalore.

Adlabs has quoted Rs 280 million for Delhi & Mumbai, Rs 60 million for Kolkata and Hyderabad, Rs 90 million for Chennai and Rs 120 million for Bangalore. 

Including Adlabs, there were seven bidders for six frequencies in Delhi. Radio Mid-Day West quoted the highest Rs 314.2 million. HT's bid was slightly over Rs 280 million while Pan India Infravest Network Ltd. (Essel Group Company) quoted Rs 75 and Clear Media Rs 133.3 million.

In Kolkata, there were nine bids for five frequencies. Radio Mid-Day West bid Rs 32.1 million while HT Music quoted a little over Rs 60 million, Radio Today Rs 32.4 million and Ananda Offset slightly over Rs 50 million.

The proceedings are slated to go on for few hours as government officials open the bids, kept in separate boxes for each city, in front of authorised representatives from the bidding companies.

The cities that fall in the A and A+ categories are Delhi, Mumbai, Kolkata, Hyderabad, Chennai, Bangalore, Ahmedabad, Surat, Pune, Nagpur, Jaipur, Lucknow and Kanpur.

Radio Mirchi, a leading FM radio operator, is believed to have bid for Bangalore, Hyderabad, Jaipur, Lucknow, Nagpur, Kanpur and Surat.

Keep tuned as we bring you more details straight from the place (first floor of Shastri Bhawan in Delhi) where the bids are being opened now.

Also Read

Government clears 85 companies for FM radio bid

Latest Reads
TLC firmly establishes itself as a clear leader in lifestyle genre with 24% upswing in ratings

TLC, leading lifestyle channel from Discovery Communications India, soared to the top of Lifestyle genre with a 24% increase in ratings according to the latest BARC data*. TLC secured 8640 impressions ‘000 in week 11 as compared to 6972 impressions ‘000 in Week 10. The upsurge in ratings is...

Television TV Channels Factual & Documentary
Balaji Telefilms appoints Jyoti Deshpande as non-executive additional director

Balaji Telefilms has appointed Jyoti Deshpande as the non-executive additional director. The appointment, which was approved following a circular resolution by its board on 22 March, is in compliance with share subscription agreement entered into between Balaji and Reliance Industries Ltd (RIL) on...

Television TV Channels People
Aaj Tak relaunches 'Seedhi Baat'

MUMBAI: TV Today Network has relaunched its big-ticket Hindi show Seedhi Baat. The show will be hosted by Sweta Singh, news anchor and executive editor of special programming at Aaj Tak. The first episode of the show, which  will air at 8 pm on 24 March, will feature BJP president Amit Shah as the...

Television TV Channels News Broadcasting
Dsport tops BARC ratings with Nidahas Trophy viewership

MUMBAI: Dsport, which launched last year in February, became the top ranked sports channel according to Broadcast Audience Research Council (BARC) all-India data in week 11. Rishtey Cineplex attracted a big chunk of the Hindi-speaking audience while competing with pubcaster DD Sports.

Television TV Channels Sports
Zee TV’s ‘Ishq Subhan Allah’ year’s second highest weekday fiction launch across GECs

Zee TV recently put the spotlight on Triple Talaaq with its new fiction show Ishq Subhan Allah introducing viewers to the turbulent love story of Zara (Eisha Singh) and Kabeer (Adnan Khan) – an Islamic couple dealing with the issue first-hand. Raising pertinent questions about women having a say...

Television TV Channels GECs
&Privé HD’s Unforgettables at 9 property celebrates movies that have left an indelible mark

There are some movies that become a part of your life and you can’t help but watch them over and over again. There are some characters that reveal a hidden element of yourself that results in an instant connection. &Privé HD’s property ‘Unforgettables at 9’ brings such classics every Monday to...

Television TV Channels English Entertainment
Living Foodz raises a Toast to India’s finest restaurants, night

India’s premium lifestyle channel, Living Foodz organized the second edition of Epicurean Guild Awards at an evening which saluted the game changers in India’s fine-dining, nightlife and lifestyle entertainment space. Held on March 22 at Sahara Star, Mumbai, the event was curated by Chef Manu...

Television TV Channels English Entertainment
Zee Anmol regains top Hindi GEC spot across genres

BENGALURU: Zee Entertainment Enterprises Ltd’s (Zeel) free-to-air (FTA) Hindi GEC Zee Anmol has returned to second place in Broadcast Audience Research Council (BARC) list of top 10 channels across genre in week 11 of 2018 (Saturday, 10 March 2018 to Friday, 16 March 2018). The numero uno position...

Television TV Channels Viewership
Emerald Media buys minority stake in Global Sports Commerce

MUMBAI: Emerald Media, the Pan-Asia company backed by global investment firm KKR, has acquired a significant minority stake in sports technology and management company Global Sports Commerce (GSC) through a combination of primary and secondary investments.

Television TV Channels Sports

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories