29 Mar '11, 4am

MDA conducts a public tender for two FM frequencies

Singapore, 29 March 2011 – The Media Development Authority is conducting a three-month long public tender to allocate two FM frequencies -- FM 89.3 and FM 92.0 -- to operate commercial or not-for-profit radio stations in Singapore. The tender follows an earlier ‘Expression of Interest’ (EOI) exercise conducted by MDA in April 2010. More than 20 parties registered their interest at the close of the EOI exercise in May 2010. Based on market interest, MDA now seeks formal proposals from interested parties to operate FM 89.3 and FM92.0. The three-month public tender exercise will close on 28 June 2011. As part of the tender exercise, MDA welcomes new ideas and does not intend to limit the future station(s) to any particular genre, in order to encourage a variety of proposals. The tender also aims to encourage new players to enter the market as well as to provide more choices f...

Full article: http://www.mda.gov.sg/NewsAndEvents/PressRelease/2011/Pag...

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