News

DTH Bidding in Pakistan Conclude at 4.898 Billion Per License

Pakistan Electronic Media Regulatory Authority held bidding for auction of three DTH licenses today.

After fierce bid-war of over 15 hours, PEMRA announced three winners as following:

  • Mag Entertainment
  • Shahzad Sky
  • Startimes Communication

Successful bid was announced at Rs. 4.898 billion for single license. All three winners will get DTH license for this same amount.

PEMRA, as a whole, will bag Rs. 14.694 billion as a result of this bidding.

Process had started DTH bidding after Supreme Court issued a short order allowing it to hold the auction. Apex Court, however, said that outcome of bidding will be conditional with High Court’s detailed order.

Final bids were as following:

You can check below ProPakistani’s Live coverage on the entire bidding process:

Share
Published by
Aamir Attaa