Ofcom is inviting declarations of intent from prospective applicants interested in taking over the licence currently held by Radio Jackie. If more than one declaration is received, the lience will be fully advertised next year.
If Radio Jackie is the only company to submit a declaration, Ofcom has said they will still need to reapply for the licence, albeit under a fast-track procedure.
The Kingston-upon-Thames station's licence is due to expire on 28 February 2009, and the closing-date for the receipt of declarations of intent from prospective licence applicants is 3.00pm on Wednesday 16 January 2008.
Anyone wishing to put in a bid is expected to pay Ofcom a £5,000 application fee and a £20,000 deposit, which will be refundable upon receipt by Ofcom of a valid application.
The new or extended licence will run to the end of 2015.