Delhi High Court has ordered that the FM network can participate in the auction of first batch of private FM radio phase – 3 channels starting today
BestMediaInfo Bureau | Delhi | July 27, 2015
Red FM got a shot in the arm on Sunday when the Delhi High Court cleared the decks for the FM network to participate in the auction of First Batch of Private FM Radio Phase – III Channels starting from 27 July, 2015.
The High Court bench headed by Justices Badar Durrez Ahmed and Sanjeev Sachdeva said in its order: “We quash the decision communicated by letter dated 15 July, 2015, denying security clearance. The petitioners [Digital Radio Broadcasting Ltd of Delhi and Mumbai] will be entitled to participate in the e-auction subject to fulfilment of the other conditions.”
Reaffirming faith in the country’s judicial system, Red FM COO, Nisha Narayanan, expressed her pleasure on the outcome of its court case. She said, “The Hon’ble Court has pronounced only the operating portion of the judgement. We feel that the Hon’ble court has accepted our submission that we have no connection with the reasons for denial of security clearance and rejection of our application.”
Narayanan further said, “We will continue with the auction as per our plans of bidding for more frequencies. We are one of the country’s largest networks of FM stations and hopefully post the final outcome of these auctions we shall retain our leadership status.”
Narayanan said that Red FM had kept a “sizeable amount of money to be spent on these auctions” through which the government stands to earn, and the permission to participate in the auction means “a healthy competition that will benefit the entire FM radio industry and media and entertainment industry at large”.
“In phase 3 also we have plans of going ahead with the philosophy of nurturing not only commercially viable bigger metro cities but also reaching out to the last corner of the country. At the end of phase 2 we had the highest number of stations in North-East and tier 3 & 4 cities as a network. This is something which we will continue in phase 3 also. Having said that, RED FM has not only reached some of the smaller cities but also given the local music and entertainment industry a voice,” Narayan commented.