Regulators
×

Day 22: Hope for more FM Phase III bids lie with under-Rs 10 crore cities

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/regulators-images/2015/08/25/regulaotr%20i%26b.jpg?itok=g4p2pSxe

NEW DELHI: With no takers for thirteen cities, the hope for more bids shifted to cities, which have so far managed less than Rs 10 crore on the twenty-second day in the e-auction for the first batch of FM Phase III cities even as the cumulative provisional winning price showed a marginal rise to Rs 1136.6 crore at the end of the 88th round.

The number of provisional winning channels and cities remained the same as yesterday: 94 channels in 56 cities, but the total bids surpassed the cumulative reserve price by Rs 677.7 crore or 147.7 per cent against the aggregate reserve price of about Rs 459 crore.

The cumulative provisional winning price has thus risen over the total reserve price of the first batch of 135 FM channels in 69 existing cities - Rs 550.18 crore – by Rs 586.4 crore or 106.5 per cent. Information and Broadcasting Ministry sources told Indiantelevision.com today that the cumulative winning price is exclusive of the migration fee, which will take the total revenue even higher.

The Auction Activity Requirement rose to 100 per cent after the 59th round on 14 August, after being 90 per cent after the 37th round on 7 August.

Sources said that in the notice inviting auction, it was clear that the e-auction will continue as long as bids are received for any of the 135 channels. This included the 13 cities for which no bids have come namely Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

The winning price has gone up by more than 100 per cent above their respective reserve prices: Ahmedabad, Amritsar, Aurangabad, Bengaluru, Bhubaneshwar, Chennai, Delhi, Guwahati, Jaipur, Jodhpur, Kolhapur, Mumbai, Nasik, Patna, Pune, Rourkela and Varanasi, which got provisional winning bidders at prices more than double the respective reserve prices. A single channel in Bhubaneshwar created a new record by getting the most competitive bidding increment-wise by going up nine times the reserve price.

The demand in most cities fell by up to three per cent and by four per cent below the excess demand at the price in the 88th round in Hyderabad.

The Percentage Price Increment applicable for the Next Clock Round rose to five each in Jodhpur and Varanasi but was just one in Gauhati. There was no change in the other cities.

The provisional winning price in the top three cities reflected no change: Delhi at Rs 169.16 crore (for just one channel); Mumbai at Rs 122.81 crore (for two channels); and Bengaluru at Rs 109.25 crore.

Kohlapur, which appeared to be the next to enter the Rs 10-crore club remained static for the third day with Rs 9.44 crore though cities like Kanpur, Rajkot, Amritsar and Aurangabad do not seem to be far behind. 

Chennai at Rs 53.38 crore, Ahmedabad at Rs 42.68 crore, Pune at Rs 42.03 crore, Jaipur at Rs 28.34 crore, Chandigarh at Rs 19.04 crore, Hyderabad at Rs 18 crore, Patna at Rs 17.89 crore, Cochin at Rs 15.04 crore and Lucknow at Rs 14 crore remained static.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/22/i%26b%20ministry.jpg?itok=YdrF9C7w
MIB, DoS nudge TV channel to use Indian satellites

MUMBAI: In what could be interpreted as unease of doing business instead of ease of it, the Indian government is nudging TV channels to deal with Indian entities if they employ the services of foreign satellites. And, till that happens, permissions are being withheld or delayed.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/19/trai1-800x800%20%281%29.jpg?itok=tioUAd8O
TRAI clears path for broadband, voice services aboard planes

Broadband connectivity and making voice calls from 32,000 feet above sea level while flying may soon become a reality over Indian space if broadcast and telecom regulator TRAI’s recommendations are accepted by some other government organisations, including ISRO.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/16/trai-20dec.jpg?itok=Rxqy0Edm
TRAI extends dates for comments on uplinking/downlinking consultation paper

The Telecom Regulatory Authority of India (TRAI) has extended the deadline for receiving comments on the consultation paper relating to uplinking and downlinking of TV channels. The new dates for receiving comments and counter-comments are 31 January and 10 February respectively.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/12/trai.jpg?itok=tS23FIiv
TRAI invites ICT-based solution providers to upgrade tech

NEW DELHI: With the demand for a wide range of services based on ICT platform involving machine-to-machine and internet of things, etc. increasing, Indian broadcast and telecom regulator TRAI is looking at expanding its technical capabilities and, in this regard, has invited proposals from...

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/04/mib.jpg?itok=S-v5ed9U
MIB mandates broadcasters to make applications via Broadcast Seva

MUMBAI: In its latest move to ensure ease of conducting business, the Ministry of Information and Broadcasting (MIB) has mandated TV broadcasters to make online applications for a range of submissions.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/03/trai1-800x800%20%281%29_0.jpg?itok=gMY5FTwM
TRAI releases paper on National Telecom Policy 2018

Seeking views from stakeholders on the new telecom policy, the Telecom Regulatory Authority of India (TRAI) today released a consultation paper on inputs for formulation of the National Telecom Policy 2018.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/03/Trai800.jpg?itok=-KZ9NyUX
TRAI tightens the screws on interconnectivity for telcos

The Telecom Regulatory Authority of India (TRAI) has issued a mandate to service providers directing them to enter into an interconnection agreement on a “non-discriminatory basis” within 30 days of receiving a connectivity request from another mobile operator.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/02/MIB-2-Story.jpg?itok=Hre6LDT0
Cross-media holding: Indian policymakers push for regulations

A section of policymakers in India is not in favour of market forces taking care of monopolistic trends in the increasingly converging print and electronic media. It has recommended government intervention—a thought-process that can have wide-ranging implications on activities of broadcasting...

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/02/trai.jpg?itok=_KZtIu7C
Parliamentary panel pushes for TRAI's empowerment

MUMBAI: Parliament’s Standing Committee on Information Technology and Communications (SCIT) wants more regulations for the broadcast industry. Finding the current powers given to the Telecom Regulatory Authority of India (TRAI) inadequate, it has recommended that either the scope of its authority...

Regulators TRAI

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories