"New wave steamrolled onto Vice City's music charts in the early 80s, thanks in large part to the efforts of celebrated radio personality, Adam First. This station features revolutionary acts broken by Wave 103 such as Flock of Seagulls and Blondie."
The name of the station is a reference to the radio station Wave 102 in Dundee, Scotland, where DMA Design (which subsequently became Rockstar North) was founded, and to the New Wave music on the station's playlist. There is another radio station named Wave 105 which broadcasts in Southampton, England.
Wave 103 is one of two preferred radio stations tuned in by the Streetwannabes, the other station being Flash FM. Wave 103 can be heard after Tommy or Vic carjacks their gangvehicles.