Regulators

Day 23: Ten cities in FM Phase III inching towards Rs 10 crore mark

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/regulators-images/2015/08/26/regulaotr%20i%26b.jpg?itok=ag98W0oV

NEW DELHI: Around ten cities that have so far got bids of Rs 6 crore or more are expected to raise the cumulative winnings, going by indications on the twenty-third day in the e-auction for the first batch of FM Phase III cities. The cumulative provisional winning price showed a marginal rise to Rs 1139.3 crore at the end of the 92nd 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 680.5 crore or 148.3 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 589.2 crore or 107.1 per cent. 

 

As per Information and Broadcasting Ministry sources, the e-auction will continue as long as bids are received for any of the 135 channels, including the 13 cities for which no bids have come.

 

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.

 

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.

 

However, there were still no bids for thirteen cities namely Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

 

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 92nd round in Hyderabad.

 

The Percentage Price Increment applicable for the Next Clock Round rose to five each in Guwahati, Jodhpur and Varanasi but was just one in Shillong.

 

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, Nasik at Rs 14.66 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/2017/05/24/TRAI1.jpg?itok=Qfx7_uNg
TRAI to hold discussions on net neutrality, spectrum in Mumbai

Given the complicated issues around net neutrality, an open house discussion is to be held in Mumbai on 26 May, 2017on Telecom Regulatory Authority of India’s consultation paper on the issue NN and free data schemes. Earlier, a similar OHD was held in Hyderabad on 24 October 2016.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/24/High%20court.jpg?itok=hCs4yhVX
Delhi HC notice to Arnab Goswami on 'theft' suit by Times group

NEW DELHI: Delhi High Court, which had earlier issued summons, has now issued a notice to Republic TV’s Arnab Goswami in a case filed against him by former employer Bennett, Coleman and Company Ltd (BCCL), owners of Times Now news channel. The complainant had alleged breach of employment contract...

Regulators High Court
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/18/Trai800.jpg?itok=qROXCSE5
TRAI may invite ideas to boost b'cast & tele-products manufacturing

MUMBAI: The Telecom Regulatory Authority of India (TRAI) will consider studying the issue of testing and quality of mobile phones and set-top boxes as part of a wider consultation to boost manufacturing of telecom and broadcasting products. The issue is important because telecom operators had...

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/16/MIB-800.jpg?itok=cIBqWB1o
New portal to help ease of broadcast business

A new online 'broadcastseva' portal has been launched by the ministry of information and broadcasting (MIB) as part of its initiative to provide a single point facility to various broadcast-related stakeholders and applicants for various permissions, registrations, licences, etc

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/13/TATA-AIRTEL-02-Story.jpg?itok=952OgxMG
Tata Sky-Airtel case: HC asks TRAI to file reply before 25 July

The Delhi High Court today issued notice to the Telecom Regulatory Authority of India on two different petitions by direct-to-home platforms Tata Sky and Airtel Digital challenging the Tariff and the Reference Interconnect Order regulations.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/12/TRAI1.jpg?itok=yuwHrG-8
Ease of doing b'cast biz date extended to 19 May

NEW DELHI: With the fast-changing regulatory framework for the media and entertainment sector, which in India is one of the fastest growing sectors, the Telecom Regulatory Authority of India had last month embarked on a major exercise to find out easier ways of doing business and cause least...

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/11/delhi-high-court-800x800_0.jpg?itok=go921lKs
Tata Sky & Airtel DTH pleas against TRAI tariff in Delhi HC on Friday

The petition by direct-to-home platform Tata Sky challenging the Tariff and the Reference Interconnect Order regulations of the Telecom Regulatory Authority of India is slated for hearing in the Delhi High Court tomorrow (Friday).

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/08/Madras-HC02-Story.jpg?itok=dht9cmGE
SC stays new TRAI tariff, asks Madras HC to complete hearing in four weeks

The Supreme Court of India has granted a stay on TRAI's new tariff orders. A division bench of the Supreme Court comprising Justice Rohinton Fali Narman and Justice Pinaki Chandra Ghose has agreed to the demand of Star India staying the new tariff order and interconnect regulations.

Regulators High Court
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/08/TRAI1.jpg?itok=M3r2WKot
TRAI to probe 'opaque' offers to departing customers

MUMBAI: The Telecom Regulatory Authority of India will study complaints about operators doling out customised retention offers to influence subscribers who plan to shift to a rival network. Jio had alleged that incumbent operators are lining up customised offers for subscribers wanting to shift....

Regulators TRAI

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories