PEMRA conducts bidding for grant of five satellite TV broadcast station licences

JournalismPakistan.com | Published: 11 September 2018

The Pakistan Electronic Media Regulatory Authority has conducted a bidding process for five satellite TV broadcast station licences. Successful bidders include Galaxy Broadcasting Network and BOL Enterprises among others.

Summary

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.

Key Points

Bidding held at PEMRA headquarters in Islamabad.
Licences issued in categories like news, entertainment, and education.
Galaxy Broadcasting Network won the news category for Rs63.5 million.
Successful bidders must deposit balance amounts within 15 working days.
Other successful bidders include BOL Enterprises and Media Roots.

Relevant Topics

PEMRA

Bidding

Television

Licensing

Pakistan

Media

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