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e-Auction: 91 channels become provisional winner

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Press Trust of India New Delhi
At the close of the 15th day of bidding in the e-Auction for the first batch of private FM Radio phase III, 91 channels in 56 cities became provisional winning channels with cumulative provisional winning price of about Rs 1079 Crore.

In a press release issued here, the Information and Broadcasting ministry today said that till now 60 Rounds have been completed.

It said that the 91 channels in 56 cities became provisional winning channels with a winning price of about Rs 1079 Crore against their aggregate reserve price of about Rs 449 Crore.

The total reserve price of the first batch of 135 channels is Rs 550.18 Crore.
 

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First Published: Aug 14 2015 | 9:42 PM IST

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