The document discusses the history of radio in India, noting that All India Radio was the sole player until 1999 when the government began privatizing radio and allowing private FM operators. Private FM radio grew rapidly in the late 1990s before the government stopped renewing contracts in 1998, but then restarted the privatization process in 1999 by auctioning licenses for 150 new FM channels across 40 cities. The auctions saw many withdrawals due to high license fees, but some players began launching channels in 2001 as the government moved forward with Phase 2 of privatizing FM radio across more cities.