Telecom Dispute Body Provides Licence Fee Reprieve To FM Players Till 4 July

Indiantelevision.com: Some good news for the private FM radio players as Telecom Dispute Settlement Appellate Tribunal (TDSAT) has directed the government to firm up its views on radio broadcast policy by 4 July. In the interim, status quo prevails. The status quo has been interpreted by the industry as not having to pay annual licence fee that gets due on 29 April for some cities like Mumbai, Delhi, Kolkata and Bangalore.
Annual renewal fee is calculated as the original price at which the license had been auctioned in a city plus an annual 15 per cent hike. For example, each of the Mumbai FM stations went for approximately Rs. 120 million apiece, while an original Delhi licence cost slightly over Rs. 90 million.

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