TRAI floats consultation paper on auction of third batch of private FM radio frequencies

The Telecom Regulatory Authority of India (TRAI) on Wednesday floated a consultation paper to seek comments to finalise the methodology for setting reserve prices for the auction of the third batch of private FM radio frequencies, under the FM Radio Phase III policy.

This comes after the Information & Broadcasting Ministry sought TRAI’s recommendation on reserve prices for auction of radio frequencies in 283 cities to expand private FM radio across the country. This includes 23 existing cities where the government has auctioned private FM radio frequencies in the previous batches, while 260 cities will see auction of private FM radio frequencies for the first time.

Currently, 356 private FM radio channels are operational in India.