The RadioCorp broadcast group is composed of five (5) Filipino owned broadcasting companies, with congressional franchises, namely : Radio Corporation of the Philippines (RadioCorp) ; Philippine Radio Corporation (PhilRadio); Radio Audience Developers Integrated Organization, Inc. ( RADIO Inc.); Beacon Communications Systems Inc. (BCSI) and Radyo Pilipino Corporation (Radyo Pilipino), which own 24 radio station licenses in key areas nationwide. Franchises of the above companies include authority to operate radio stations, television stations, satellite and cable TV anywhere in the Philippines.