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Prasar Bharati to share resources with FM firms

Our Bureau

NEW DELHI, Dec. 3

PRASAR Bharati on Monday signed a memorandum of understanding with private FM companies for using All India Radio's (AIR) towers and land in New Delhi, Kolkata and Chennai.

The agreement was signed between Mr H.O Srivastava, Chief Engineer (Projects) and Head, AIR Resources, with authorised signatories of around 10 companies in 13 stations.

Among the companies are Entertainment Network, Music Broadcast, Mid-Day Radio, Radio Today, Calcutta Broadcasting, Millennium Broadcasting, India FM Radio, Vertex Broadcasting and Hitz FM Radio.

Under the agreement, FM broadcasters can utilise the towers and land for transmission for 10 years from the date of commissioning of transmitter.

The national broadcaster will charge a fee of Rs 25 lakh per annum per broadcaster in New Delhi, and Rs 13.36 lakh in Kolkata and Chennai.

The licence fee for the tower will be increased by 2.5 per cent a year, while a uniform rate will be charged for the land - at Rs 8,000 per sq mt.

The broadcasters will also have to pay Rs 1 lakh each per annum for use of Prasar Bharati's road and other facilities.

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