The license is, of course, held by Highland Radio which has the biggest local listenership across Ireland.
But they are now under pressure by DLFM, a consortium fronted by former Highland boss Charlie Collins.
It is now expected that an announcement on the license will be made on Monday.
Both sides presented their pitch at the Radisson Hotel earlier this year.
But there is no indication from the Broadcasting Authority of Ireland as to how the license will go.