W248AW is a commercial FM radio station translator in Indianapolis, Indiana, broadcasting at 97.5 FM. Owned by the Educational Media Foundation and operated under LMA by iHeartMedia, the station simulcasts a business news format on WOLT's HD3 subchannel, known as "Business News 97.5". Studios are located on Fall Creek Road with transmitter on the northwest side of Indianapolis, near Meridian Hills. Prior to the format change, the station served as a relay for AM station WNDE.