The Ministry of Information & Broadcasting (MIB) has invited (pdf) applications for the e-auction of the first batch of Phase III FM Radio channels. This first batch of Phase III auctions comprises of 135 FM radio channels across 69 cities. Tentative timeline: Bidders will have to procure Class-III Digital Signature Certificate(s) (DSC) for signing and encryption issued by any valid Certifying Authority (approved by Controller of Certifying Authorities) in India, which is mandatory for accessing the platform the auction will be carried out on, Electronic Auction System (EAS). The entire auction process will carried out in four stages: Stage I: Invitation stage wherein prospective bidders submit their applications. Stage II: Screening of applications, publication of ownership details and pre-qualification test. Stage III: Actual bidding for specific channels in different cities. This will be further broken into two stages - Channel allocation stage and Frequency allocation…
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