Tuesday, June 30, 2015

Government to auction 839 FM licences, its largest to date

புதிய தனியார் பண்பலை வானொலிகள் (839) ஏலம் விடுவதால் ரூ.2500 கோடி வருமானம் கிடைக்கவுள்ளதாகத் தகவல்.

The government is set to auction its largest stack of FM radio licences yet, with a notification expected in a month — a move that will likely bring in an estimated Rs 2,500 crore in revenue, boost entertainment-sector jobs in smaller towns and connect underserved audiences.

The sale, when complete, will provide the country with 839 radio channel licenses across 294 new cities, in addition to existing ones. A batch of 135 licences for 69 town and cities will be the first ones to be auctioned at a reserved price of Rs 550 crore. The total reserve price for 839 licences is Rs 1,531 crore.