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NEW
DELHI: The government has postponed for the fourth time the
financial bidding for the remaining 97 FM radio stations across
48 cities.
Set
for 29 December and 10 January, the 27 short-listed private
FM radio companies will now submit their bids on 14 and 21
January, sources in the industry told Indiantelevision.com.
Earlier
bidding dates of 7 November and 14 December were also postponed.
"A
few FM radio operators sought clarity on the net worth issue.
While computing the radio company's net worth, the government
did not want to take the licence fee amount as part of it,"
a source said.
Radio
Today Broadcasting, part of the Living Media Group, is believed
to be one among the companies who wanted the net worth issue
to be sorted out.
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