ISLAMABAD – PEMRA on Tuesday auctioned five licences for satellitetelevision channels.

Galaxy Network was awarded the licence of ‘News’ category channel, afteroffering a Rs 63.5 million bid for the same.

Bol Enterprises was awarded the Entertainment category for Rs 48.5 million.

Educational Channel licence was awarded to Ms/ Renaissance for Rs 10.5million whereas the licence for health channel went to Glam Network.

Media Roots was awarded the licence for agriculture television channel forRs 10.5 million.

The only bidder for Sports television channel, M-Record, failed to turn upso its auction was deferred.

Earlier in his address, Chairman PEMRA Salim Baig said that the electronicmedia watchdog was holding auction of six satellite television channellicences through open and transparent bidding.

He expressed the hope that after arrival of these satellite channels, therewould be an increase in healthy competition in the media industry.