Nation Broadcasting has acquired London FM radio station Time 107.5 from Lyca.
The move gives Nation its first ever FM presence in London, and the end of Time 107.5 from 2pm today after 22 years.
In the latest official audience figures, published earlier this week, Time FM had a weekly reach of 19,000 and Nation Radio London had a weekly reach of 116,000 adults.
The 107.5 FM frequency original launched as Active serving the London Borough of Havering and surrounding areas including Romford, Ilford and parts of Essex.
It become Time FM in 2003 under the ownership of Sunrise Radio Group, and was taken over by Lyca in 2009.
Nation’s founder Jason Bryant said: “London is an increasingly important market for Nation and holds significant growth potential.
“The ability to launch Nation Radio on FM to a large part of the capital alongside DAB, presents an attractive opportunity to increase the reach of the station and to market our wider range of services, including the Nation Player App, to London.”
Lyca Media II Ltd CEO Raj Badhan said: “Whilst we continue investing in our South Asian radio stations, our time as owners of 107.5 is ending, we wish the station’s employees and clients well as it becomes part of the Nation Broadcasting Group.”
This story first appeared on radiotoday.co.uk