September 11, 2018
ISLAMABAD – The Pakistan Electronic Media Regulatory Authority (PEMRA) on Tuesday conducted bidding for the issuance of five satellite television broadcast station licences.
The bidding for licences in different categories i.e news and current affairs, entertainment, sports, agriculture, health and education, was held at the PEMRA headquarters.
The successful bidders in each category: Galaxy Broadcasting Network, Lahore (news and current affairs category) for Rs63.5 million; BOL Enterprises, Karachi (entertainment category) for Rs48.5 million, Media Roots (agriculture) for Rs10.5 million, Glam Network (health) for Rs10 million, and Renaissance Limited, Karachi (education) for Rs10.5 million.
The successful bidders are required to deposit the balance amount of earnest money within 15 working days.
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