MIB shortlists 19 bidders for phase III batch III FM radio e-auctions
By Staff writer in Media News on Wednesday, 25th June 2025 at 8:13pmThe Ministry of Information and Broadcasting (MIB) has released the names of 19 pre-qualified bidders for the third batch of Phase III e-auctions of private FM radio channels.
To help bidders prepare, the Ministry has scheduled a mock auction on Monday, June 30, starting at 9:30 AM. The session will be conducted by MSTC, the government’s official e-auctioneer. All shortlisted participants are advised to configure their systems ahead of time, and technical support will be available via a dedicated helpdesk and email.
Bidders were shortlisted based on their Earnest Money Deposit (EMD) and Initial Eligibility Points (IEP). Leading the pack is DB Corp’s Radio Division, which submitted the highest EMD of Rs 8 crore and earned 3,200 eligibility points.
Other key players include, Sapphir...
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