BEST
awards ad rights to Bright Outdoor for Rs 1.23 billion
Indiantelevision.com
Team
(30 November 2009 11:59 am)
MUMBAI:
BEST (Brihanmumbai Electric Supply and Transport Undertaking) has awarded for
three years the advertising rights to Bright Outdoor for its entire fleet of buses.
Bright Outdoor,
which had been trying to bag the rights for the last nine years, will have to
pay Rs 1.23 billion for the period 2010 to 2013.
We won the
tender with a total bid amount of Rs 1.23 billion for three years. We will also
get an extension of one year. We have the rights of 4605 single-decker buses and
125 double-decker buses, says Bright Outdoor CMD Yogesh Lakhani.
Prior
to this, Pioneer Publicity handled the ad rights for BESTs buses for the
last seven years.
Others
who participated in the tender included Pioneer Publicity, Jagran Engage, Gold
Mine Advertising, Sambhaav Media and Rajdeep Buildcon.