Rádio Vilaverde receives 5-year FM broadcasting licence

The Government has awarded Rádio Vilaverde Limitada a 5-year FM broadcasting licence that came into effect on 13 January, it was announced yesterday in Macau’s Official Gazette.
Rádio Vilaverde will be operating on the 99.5MHz frequency and the broadcaster, which is owned by Sociedade de Tursimo e Diversões de Macau (STDM), will have to pay MOP150,000 to the Government for the licence.
According to the contract, the broadcasting licence can be renewed for 5-year periods when requested by Rádio Vilaverde Limitada.
Rádio Vilaverde was founded by the Macanese Pedro José Lobo in the mid-20th Century but it was suspended in 1994. However, in the begining of this century it was acquired by STDM and resumed operations.
STDM primarily broadcasts shows related to tourism and entertainment, including horse and greyhound racing results and football scores.