
Read this: Ofcom | Renewal of the Independent National Radio licences - Methodology for review of financial terms

Summary: These new statutory provisions represent a second opportunity for the three INR licensees to apply for licence renewal, and thus avoid having to apply for a new licence in an auction. All three licences were previously renewed in 1999/2000 for an eight-year period. 1.2 Licence renewal is a statutory incentive for the holder of an analogue licence to provide a digital service. - stakeholders.ofcom.org.uk
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