AsiaPak Investments has bought Bol Network

By Afsar Khan Last updated Sep 13, 2023

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Bol is the only media company that owns its own studio production facilities

AsiaPak Investments has bought Bol Network, Pakistan’s top media conglomerate. Bol owns and operates the world’s top news and entertainment networks for Pakistanis. Bol is the only media company that owns its own studio production facilities. It also owns and operates industry-leading media technology with worldwide reach across several broadcast and digital channels.

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Bol will remain headquartered in Karachi with nationwide presence. AsiaPak Investments is an investment company with offices in Karachi, Lahore, and Islamabad. It invests only in Pakistan; their sectors include infrastructure, energy, power, transport, logistics, and, technology.

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Sameer Chishty, a well-known player in international technology investment in Asia and the Middle East, has been named Chairman and Chief Executive Officer (CEO) of Bol Network. Chishty expressed excitement about the ever-changing landscape of digital technologies, artificial intelligence, and telecommunications, which are having a significant impact on various aspects of the media industry, such as content creation, news, entertainment, gaming, music, education, communication, and community-building.

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Shoaib Shaikh, the network’s original owner, also faced legal penalties, as he was convicted among 22 others in the bogus degree case in 2018. Bol Network looks forward to a new chapter under Sameer Chishty’s leadership, ready to capitalize on the promise of emerging technology for the benefit of the Pakistani public.

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