 | |
Native name | بول |
|---|---|
Romanized name | Bol (lit. 'speak') |
| Company type | Private |
| Industry | Media and publishing house |
| Founded | 2013; 13 years ago (2013) |
| Headquarters | , |
Area served | Pakistan |
Key people |
|
| Parent | AsiaPak Investments |
| Website | bolnetwork |
BOL Network (Urdu:بول نیٹ ورک) is a Pakistani TV network based inKarachi.[1][2][3] The company's head office is located inKarachi and called Bolistan,[4] and it has regional headquarters inLahore,Peshawar andIslamabad.[4]
It was founded byShoaib Ahmed Shaikh. In September 2023, Bol Network was acquired byAsiaPak Investments, a private investment firm, for an undisclosed sum, and Sameer Chishty was appointed as the new chairman and chief executive officer (CEO) of Bol Network.[5][6]
The BOL Network was started by Pakistani businessmanShoaib Ahmed Sheikh in June 2013, and according to him, it was meant to create an independent media house to portray a soft image of Pakistan and several notable journalists joined the network at that time.[7] After a number of delays, the network was launched on 1 December 2016.[8]
It claims to have offered insurance of up to Rs. 10 million to cable operators.[9] In 2014, BOL Network advertised on more than 20,000 public transport vehicles in Pakistan.[10] The company also announced a television set brand by the name of BG.[11]
In August 2015, ARY Digital HD Network Group announced that they would take over the business and incorporate into their network,[12] but these plans eventually failed.[13][14]
In 2017, Bol was accused of defaming politicianIshaq Dar.[15]
In September 2022, PEMRA again revoked the network's license due to the channel failing to acquire security clearance.[16][17]
In September 2023,AsiaPak Investments acquired Bol Network. Sameer Chishty was named the newchief executive officer.[18]
When the offices of Axact were raided by the authorities, Bol Network provideddigital satellite news gathering vehicles to block journalists from accessing to the building.[19] In the course of the investigation, Bol was accused of using illegally imported equipment.[20]
Many journalists and other senior staff, including the editor-in-chiefKamran Khan,[21] resigned in the course of the scandal.[22][23][24][25][26]
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