Sun TV launching two more FM stationsMarch 20th, 2008 - 10:13 am ICT by admin
Chennai, March 20 (IANS) The Sun Network group, which is targeting revenues of Rs.1 billion ($25 million) from its FM radio operations by 2010, is launching two more stations in Allahabad and Jabalapur under the “S FM” brand. With this the group’s total number of stations on air goes up to 27.
The group, promoted by Kalanidhi Maran, has rights to 45 FM station licences and the remaining 18 stations will go on air before June 2008, company officials said. Each station involves an investment of around Rs.10-15 million.