Regulators

Day 6: FM Phase III price crosses Rs 779 crore for 82 channels in 56 cities

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/regulators-images/2015/08/03/radio_set_600.jpg?itok=CKGp0igL

NEW DELHI: A total of 82 channels in 56 Indian cities became provisionally winning channels with cumulative provisional winning price of approximately Rs 779 crore against their aggregate reserve price of Rs 395 crore at the end of the sixth day of bidding for FM Phase III.

Even as 24 rounds of the e-auction ended with four more rounds today (3 August), the provisional winning prices exceeded the total reserve price of the first batch by about Rs 228.68 crore or 41.56 per cent. The total reserve price of the first batch of 135 FM Channels in 69 existing cities of Phase III was Rs 550.18 crore.

The Auction Activity Requirement of 80 per cent set at the beginning of the auction continued to remain the same on the sixth day. 

The sixth day was hectic but there were still no bids in as many as 13 cities though the provisional winning price steadied at the Clock round Price in the other cases.

The demand over the price in many cities fell by up to three per cent below the aggregate demand. 

The Percentage Price Increment (in INR) applicable for the Next Clock Round was five per cent in Mumbai, Bengaluru, Ahmedabad, Amritsar, Guwahati, Rourkela, Jaipur, Kolhapur, Nagpur, Nasik, Patna, and Rajkot and eight per cent in Bhubaneswar.

The highest Provisional winning price ? the same as the Clock round price at the start of the 24th round ? was in Delhi ? Rs 118.35 crore, followed by Mumbai ? Rs 86.08 crore with both showing sizeable increase compared to the first three days. 

Among cities recording more than Rs 10 crore, it rose sizeably in Bengaluru - Rs 66.34 crore, Ahmedabad - Rs 36.87 crore; Pune - Rs 32.45 crore, and Chennai - Rs 33.54 crore, Jaipur ? Rs 11.52 crore and marginally in Chandigarh at Rs 15.92 crore.

Hyderabad at Rs 18 crore, Lucknow at Rs 14 crore and Cochin at Rs 10.21 crore remained static.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/13/logo.jpg?itok=aKEOIe39
TDSAT asks SPN, Tata Sky to reach an agreement in 4 weeks

The Telecom Disputes Settlement Appellate Tribunal (TDSAT) has heard the case on the recent commercial dispute between Sony Pictures Networks India (SPN) and Tata Sky on a failed negotiation. TDSAT heard the case on 11 October and advised the parties to take four weeks to try and reach a mutually...

Regulators TDSAT
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/11/Madras-HC02-Story.jpg?itok=b6BwmcHX
Star India vs TRAI: Arguments conclude, SC likely to deliver verdict after Dussehra

Arguments in case relating to TRAI and Star India ended today in the Supreme Court.

Regulators Supreme Court
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/10/06/5G_services.jpg?itok=b4H_5MhJ
DoT to inquire TRAI about 28 GHz band for 5G service

The Department of Telecommunications (DoT) is planning to initiate talks for new bands to support 5G services in the country. The DoT will soon start discussing with the telecom regulator TRAI for 28GHz band for 5G commercial deployments. As per Economic Times, the DoT will also analyse pricing...

Regulators TRAI
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/27/TRAI-Story.jpg?itok=m81JA4fM
TRAI to be renamed as DCRAI

The Telecom Regulatory Authority of India’s name has been rechristened. From now, it will be called as the Digital Communications Regulatory Authority of India (DCRAI).

Regulators TRAI
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/19/sc.jpg?itok=-d4fsH80
TRAI vs. Star India case: next SC hearing on September 25

The Supreme Court has deferred the hearing of Star India’s petition against TRAI tariff and inter-connect order to 25 September 2018.

Regulators Supreme Court
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/13/Madras-HC02-Story.jpg?itok=e_lfwNMV
Trai vs. Star case: next SC hearing on Sept. 18

The Supreme Court has deferred the hearing of Star India’s petition against TRAI tariff and inter-connect order to 18 September 2018

Regulators Supreme Court
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/13/CVR_Health.jpg?itok=2RFG9MlX
MIB orders CVR Health to go off air for code violation

A health channel named CVR Health had telecast a show named ‘healthy nights’ in 2016 that was considered unsuitable for the television audience for which it was asked to go off air for three days with effect from 8-11 September 2018.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/12/sc.jpg?itok=IgJUhuu8
SC adjourns Star India's petition on TRAI tariff order to 13 September

The Supreme Court has deferred the hearing of Star India’s petition against TRAI tariff and inter-connect order to 13 September 2018.

Regulators Supreme Court
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/09/11/Madras-HC02-Story.jpg?itok=ijdHmof2
SC adjourns Star India's petition on TRAI tariff order to 12 September

The Supreme Court has deferred the hearing of Star India’s petition against TRAI tariff and inter-connect order to 12 September 2018.

Regulators TRAI

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories