Closer to the ground is radio internet, which works better in a constrained bandwidth environment with good network management. Many portals and radio stations are realising its potential. At the receiver end, a Windows medium and a 28 kb modem would do the trick, provided adequate load balancing is done by the network. Apparently, in the US, where radio net has matured, the average number of listeners do not exceed 1,000 at any point of time. That the nascent market in India cannot point to more is a submission.
Few companies have all the advantages.
Radio FMs have the content, but not the infrastructure, while ISPs have the infrastructure but not the content and expertise for this business. Here come the enablers. After that it's plug and play. Others are waiting in the wings. Induslive has got 32,000 tracks and is adding 4,000-5,000 a week.