Radio Spectrum Auction
Licences for FM sound broadcasting (Auction 14)
After the recent Expressions of Interest, Radio Spectrum Management (RSM) has announced details for the sale of five FM sound broadcasting spectrum licences that will take place on 3 November 2017.
The licences will be auctioned publically on the Trade Me website and managed byTurners on behalf of Radio Spectrum Management, Ministry of Business, Innovation and Employment (MBIE).
The licences will be valid until 2 April 2031 subject to implementation requirements being met by the successful bidders.
Licences for auction
The five licences are at present in the Crown’s name. They will be transferred to the winning bidders on receipt of payment to Turners and signing of the Sound Broadcasting Spectrum Licence Agreement with the Crown under the terms and conditions of the auction.