Private FM Radio in India: Will its fortunes change?
Even as FM channels such as Radiocity Bangalore FM 91 continue to be very popular, the reality behind the scenes is that the private FM operators in India have been struggling to stay alive! The reason of their misery lies mainly in the expensive FM licensing regime. Government has been talking about taking care of industry's concerns. There seems to be a consultation move now in that direction.
As broadcasting was notified as a telecommunication service under the TRAI Act in January, FM channels come under the purview of TRAI. The Telecom Regulatory Authority of India (TRAI) has recently issued a consultation paper to which it is seeking feedback, suggestions, and comments from the industry. The deadline for comments is May 7, 2004. The paper can be accessed here.
Here's to a blooming FM scenario in India.
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