FM Phase III

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FM Phase III 1st stage comes to a close with bids for 97 channels in 56 cities

At the top are three cities namely Delhi at Rs 169.16 crore for one channel, Mumbai at Rs 122.81 crore for two channels and Bengaluru at Rs 109.25 crore for one channel.

Regulators I&B Ministry
Day 30: 120 bidding rounds completed in FM Phase III e-auction

Cities expected to enter the Rs 10 crore club in the next few days appear to be Jodhpur, Kanpur, Rajkot, Amritsar, Madurai, and Aurangabad, which have all got above Rs 6 crore each.

Regulators I&B Ministry
Day 26: Jodhpur joins Rs 10 crore club, cumulative price crosses Rs 1150 crore in FM Phase III

One channel in Guwahati fetched a price of Rs 4.11 crore as against its reserve price of Rs 37 lakh, registering a rise of almost 980 per cent.

Regulators I&B Ministry
Day 25 of FM Phase III: Guwahati tots Rs 4.07 crore; up 976% than reserve price

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 597 crore or 108.5 per cent.

Regulators I&B Ministry

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