Regulators

FM radio Phase III frequency allocation to bidders completed in three rounds

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/regulators-images/2015/09/09/Radio_set.jpg?itok=GBr8u34U

NEW DELHI: The frequency allocation of successful bidders in the FM radio Phase III was completed in three rounds of half-hour each today, following the closure of the channel allocation stage yesterday (8 September) after 125 rounds of bidding spread over 32 days.

 

There was no time gap between two consecutive rounds. The e-auction commenced on 27 July and was completed today (9 September) with the frequency allocation stage.

 

During the frequency allocation stage, provisional winning bidders were allowed to select FM frequency for the winning channels from the frequencies already identified in the respective city and as mentioned in the Notice Inviting Applications of 2 March read with subsequent amendments.

 

Frequency selection preference was based upon the rank of the bidders - that is, Rank 1 bidder had the first preference to choose from the frequencies already identified.

 

At the closure of the e-auction, 97 channels in 56 cities became provisional winning channels with cumulative provisional winning price of about Rs 1156.9 crore against their aggregate reserve price of about Rs 459.8 crore. Thus, the summation of provisional winning prices surpassed the cumulative reserve price by Rs 697.05 crore or 151.58 per cent.

 

The overall cumulative provisional winning price exceeded the total reserve price of the first batch - Rs 550.18 crore - by Rs 606.72 crore or 110.27 per cent.

 

The Information and Broadcasting (I&B) Ministry will announce the names of successful bidders at a later stage. According to the ministry, the current auction is indicative of the future growth of the private FM radio sector.

 

This is the first time that private FM channels have been offered through Simultaneous Multiple Round Ascending (SMRA) e-auction. This auction design has enabled bidders to take informed decisions while placing bids and consider alternatives dynamically.

 

Out of 15 channels in Jammu and Kashmir and the northeastern states, 12 channels got provisional winners with the city of Guwahati getting provisional winning price more than ten times its reserve price. 

 

The first batch of private FM Radio Phase III channels comprised 135 channels in 69 cities that had already got FM in Phase II. However, there were no bidders for 13 cities namely Asansol, Gulbarga, Mangalore, Mysore, Puducherry, Rajahmundry, Siliguri, Tiruchy, Tirunveli, Tirupati, Tuticorin, Vijaywada and Warangal.

 

The entire process of FM Phase-III roll out including the e-auctions was overseen by an Independent External Monitor in consultation with the Central Vigilance Commission.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/13/MIB-2-Story.jpg?itok=CHFi2uxm
Supreme Court questions MIB’s digital chatter monitoring proposal

The government proposes, Supreme Court disposes. Well, almost. Not fully yet. Though, the apex court has questioned a Ministry of Information and Broadcasting proposal to monitor digital chatter and online footprint, observing today that if done it would be "like creating a surveillance state".

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/12/rathor.jpg?itok=LerAmHNZ
Comment: Why it’s important for Rathore at MIB to walk the (sports) talk

He may have started the #HumFitToh IndiaFit campaign that went viral on social media last month and had celebs and plebs posting images of their health routine.

Regulators I&B Ministry
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/12/ccm.jpg?itok=hpq93_54
CCI reduces penalty on broadcast companies for rigging bids

The Competition Commission of India (CCI) on Wednesday waived the penalty imposed on Globecast and reduced by 30 per cent the penalty imposed on Essel Shyam Communication Ltd (ESCl), rechristened Planetcast, for bid-rigging in tenders for procurement of end-to-end broadcasting services for various...

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/09/TRAI-Story.jpg?itok=FL77A5H2
TRAI: Make STBs, content & telecom services disabled- friendly

With an aim to make communications and TV services more accessible to people with disabilities (PWDs), the Telecom Regulatory Authority of India has come out with a series of recommendations, including a confusing one suggesting that 50 per cent TV channels to be developed in PWD-friendly and...

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/04/Untitled-1.jpg?itok=eLYU_9Gj
Tata Sky mulls fresh petition against TRAI tariff rollout

MUMBAI: Indian DTH operator Tata Sky is exploring options of filing a fresh petition in Delhi High Court against a Telecom Regulatory Authority of India directive to implement a new tariff regime from 3 July. Industry sources indicated that though Tata Sky withdrew its petition filed in the...

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/04/sb.jpg?itok=yJr8e0p2
VCPL to contest SEBI order on NDTV share acquisition

Following the Securities and Exchange Board of India (SEBI)’s directive to make an open offer for acquiring NDTV shares, Vishvapradhan Commercial Pvt Ltd (VCPL) has decided to appeal against the order with the Securities Appellate Tribunal.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/03/trai.jpg?itok=YYt3LA4r
TRAI says b'cast & cable tariff, inter-connect orders come into effect 3 July

The Telecom Regulatory Authority of India (TRAI) today issued a statement stating that its tariff order for the broadcasting and cable sector will come into effect from 3 July 2018 as judicial compliances have been complied with.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/07/02/TRAI-Story.jpg?itok=vJeS8ZHI
TRAI fines Jio, Airtel, others for not meeting service quality norms

Telecom Regulatory Authority of India (TRAI) rapped leading operators, including Reliance Jio, Bharti Airtel, Vodafone and Idea Cellular on the knuckles for failing to meet the Quality of Service standards in the December quarter, reported news agency PTI.

Regulators TRAI
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/27/Trai_800-.jpg?itok=UXwiqChf
Comment: TRAI uplinks progressive recommendations; now MIB, others need to downlink them

The approximately Rs 1,400 billion Indian broadcasting and cable sectors, reeling under the impact of a slow economy and hemmed in by erratic policy-making, would be breathing a bit easy after TRAI’s recommendations on issues related to uplink and downlink of TV channels and teleports.

Regulators TRAI

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories