BOL News
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Native name
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بول |
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Romanized name
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Bol (lit. 'speak') |
| Industry | Media and publishing house |
| Fate | Sealed by Federal Investigation Agency, License revoked by PEMRA |
| Headquarters | Karachi, Pakistan |
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Area served
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Pakistan |
| Products | Television Channel |
| Parent | Axact |
| Website | bolnetwork |
BOL Network (Urdu: بول نیٹ ورک) is a media conglomerate based in Karachi owned by Shoaib Ahmed Shaikh, who also served as the CEO and chairman of the media network. According to Declan Walsh Bol Network was under the auspices of the fake diploma mill Axact. The media group was supposed to incorporate television, digital media, cinema and theatre as well as digital media, but when the parent company of Bol, Axact, was unmasked as a diploma mill selling fake degrees Pakistan Electronic Media Regulatory Authority revoked the licence that it had awarded BOL, and the network was not even able to start transmission. Pakistani journalist Kamran Khan was appointed as the editor in chief, but he quit after the Axact scandal surfaced and stated that his conscience did not let him be affiliated with such a network.
Bol has launched its live regular transmission on 25 December 2016. Bol News
The BOL Network was started by Pakistani businessman, Shoaib Ahmed Shaikh 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. Bol claims to have offered insurance of up to Rs. 10 million to cable operators. In 2014, BOL Network advertised on more than 20,000 public transport vehicles in Pakistan. The company also announced a television set brand by the name of BG.
During the early phases of Bol, many prominent media personnel joined the network. These included Nabeel Zafar, Zeba Shehnaz and Haider Imam Rizvi who joined the entertainment channel. Kamran Khan, Mubasher Lucman, Jasmeen Manzoor and Iftikhar Ahmed were reportedly a part of the Bol News channel. However all of them resigned once the Axact scandal unmasked the company as a scam and a fraud.
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