After the bail of Axact CEO Shoaib Shaikh and his associates from Sindh and Islamabad High Court, word has been going around that Mr. Shaikh was planning to get his media empire started.
To this effect, Mr. Shaikh initiated an employee recall and rejoining program dubbed Pehlay Say Bhi Ziada, calling on all ex-employees to rejoin the beleaguered IT firm Axact, which was at the center of fake degrees case 15 months ago.
After securing bail and getting freed recently, Shoaib Shaikh has made no secret of his plans to finally launch Bol, his media enterprise with 24/7 news and broadcast coverage.
If there was any doubt that the launch of Bol TV wasn’t happening, those doubts are being put to test, as in Karachi various vans and vehicles bearing the BOL branding have appeared.
In fact, about 12 hours ago the official BOL Twitter account tweeted this:
— BOLNetwork (@BOLNETWORK) October 17, 2016
Following this, a lot of Bol and Axact employees (and others) who have started to tweet about the impending channel launch.
BOL will launch its transmission on tomro 18th Oct 5:57pm After 16 months of sweat and toil we finally achieve our goal #SHUKARALHUMDULILLAH
— Faysal Aziz Khan (@FaysalAzizKhan) October 17, 2016
Even industry rivals are chiming in.
Pakistan's Bol TV channel – whose owner has a case pending for selling fake degrees online via Axact- will start its transmission today
— omar r quraishi (@omar_quraishi) October 18, 2016
All indications are on that Bol TV will be hitting airwaves soon. It remains to be seen if it can attract top talent this time from the media industry.
However, with Shoaib Shaikh promising higher salaries and perks than before, some might be inclined to join the nascent media enterprise.