PEMRA starts its DTH Auction- LIVE Updates

PEMRA DTH bidding

PEMRA is currently accepting bids for DTH from the 12 shortlisted companies.This process was started in response to Supreme Court’s order on the PEMRA’s petition which allows the association to hold the auction.

Honourable Supreme Court of Pakistan has announced in favour of #PEMRA. Historic DTH Bidding will start shortly in Islamabad Marriott.

— Report PEMRA (@reportpemra) November 23, 2016

LIVE Updates

Stay tuned for more updates.

Refresh to keep up with the updates.

Update: 4:09 am

The final bid is PKR 4898 million and all successful bidders have to pay this amount plus the withholding tax

Update: 4:07 am

Winners of first DTH auction in Pakistan are:

  1. Mag Entertainment
  2. Shahzad Sky
  3. Startime Communications

Update: 4:06 am

IT’s OVER

Update: 4:05 am

  1. Mag Entertainment PKR 4910 million
  2. Shahzad Sky PKR 4900 million
  3. Startime Communications PKR 4898 million

Update: 4:01 am

Boosting confidence much?

Update: 3:57 am

Countdown has begun

Update: 3:51 am

Current Top Bidders:

  1. Shahzad Sky PKR 4900 million
  2. Sardar Builders PKR 4890 million
  3. Mag Entertainment PKR 4870 million

Update: 3:51 am

Shahzad Sky PKR 4900 million

Update: 3:49 am

Sardar Builders PKR 4854 million

Update: 3:47 am

Hard to tell right now whether the introduction of DTH technology is important right now to PEMRA or creating a “historic figure.”

Update: 3:44 am

Update: 3:43 am

Startimes Communications PKR 4838 million

Update: 3:41 am

  1. Shahzad Sky PKR 4840 million
  2. Mag Entertainment PKR 4830 million
  3. Sardar Builders PKR 4820 million
  4. Startimes Communications PKR 4810 million

Update: 3:40 am

  • Mag Entertainment PKR 4830 million
  • Sardar Builders PKR 4820 million
  • Startimes Communications PKR 4810 million

Update: 3:35 am

Startimes Communications PKR 4810 million

Update: 3:34 am

Update: 3:33 am

Shahzad Sky PKR 4800 million

Update: 3:29 am

Current Top Bids:

  • Shahzad Sky PKR 4786 million
  • Sardar Builders PKR 4782 million
  • Mag Entertainment PKR 4780 million

Update: 3:27 am

Update: 3:27 am

Sardar Builders PKR 4782 million

Update: 3:25 am

Shahzad Sky PKR 4786 million

Update: 3:22 am

Mag Entertainment PKR 4780 million

Update: 3:19 am

Current highest bids:

  • Startimes Communications PKR 4760 million
  • Shahzad Sky PKR 4750 million
  • Mag Entertainment PKR 4740 million

Update: 3:17 am

Update: 3:13 am

  • Shahzad Sky PKR 4730 million
  • Mag Entertainment PKR 4720 million
  • Star Times Communications PKR 4710 million

Update: 3:05 am

Current Leaders:

  • Shahzad Sky PKR 4670 million
  • Mag Entertainment PKR 4660 million
  • Sardar BuildersPKR 4640 million

Update: 3:01 am

The 3rd highest bid price for DTH licence is now PKR 4640 million

Update: 2:53 am

PEMRA is confident that with this auction we will bid farewell to the illegal Indian DTH and content.

Update: 2:47 am

  • Star Times Communication PKR 4610 million
  • Shahzad Sky PKR 4600 million
  • Mag Entertainment PKR 4590 million

Update: 2:45 am

According to PEMRA PKR 4590 million is the third highest price for each DTH licence

Update: 2:40 am

Out of 12 contenders only 5 stands:

  • Smart Sky
  • Sardar Builders
  • Mag Entertainment
  • Shahzad Sky
  • Star Time

Update: 2:30 am

The third highest bid has reached the mark of PKR 4548 million. The rest are going to try to catch up.

Update: 2:25 am

Chairman PEMRA is happy like anything. He looks tired but doesn’t wish to call it a day

  1. Shahzad Sky PKR 4,550 million

Update: 2:19 am

  1. Startimes Communication PKR 4,498 million
  2. Mag Entertainment PKR 4,540 million

Update: 1:49 am

  1. Shahzad Sky PKR 4450 million
  2. Mag Entertainment PKR 4380 million
  3. Sardar Builders PKR 4360 million

Update: 1:39 am

DTH

Update: 1:27 am

Yet another countdown.

Left contenders are:

  • Smart Sky
  • Mag Entertainment
  • Startimes
  • Shahzad Sky
  • Sardar Builders

Update: 1:25 am

Lead bidders are:

  1. Smart Sky PKR 4330 million
  2. Mag Entertainment PKR 4320 million
  3. Startimes PKR 4310 million

Update: 1:15 am

A new milestone of PKR 4.3 billion is achieved by PEMRA

Update: 1:05 am

New lead bidders:

  1. Smart Sky PKR 4280 million
  2. Mag Entertainment PKR 4270 million
  3. Shahzad Sky PKR 4260 million

DTH

Update: 1:03 am

Current highest bidders:

  1. Mag Entertainment PKR 4250 million
  2. Sardar Builders PKR 4240 million
  3. Smart Sky PKR 4230 million

Update: 1:00 am

Mag Entertainment bids PKR 4250 million

Update: 12:55 am

Smart Sky PKR 4230 million

Update: 12:50 am

Another countdown commences.

Update: 12:40 am

  • Startimes PKR 4158 million
  • Smart Sky PKR 4162 million

Update: 12:38 am

Shehzad Sky leading with PKR 4160 million

Update: 12:38 am

Countdown started again

Toppers:

  1. Shahzad Sky
  2. Mag Entertainment
  3. Smart Sky

Update: 12:38 am

Sardar Builders PKR 4132 million

Update: 12:36 am

And the bidding commences AGAIN!

Update: 12:31 am

Countdown Begins

Update: 12:26 am

PEMRA is set to gain more than PKR 12 billion from DHT licenses not to mention the withholding tax on this money. The companies really have a good rainy day account.

Update: 12:17 am

Recent list of highest bidders

DHT

Update: 12:11 am

DHT license bidding has officially crossed PKR 4 billion mark

Update: 12:09 am

Startimes bids PKR 3986 million

Update: 12:05 am

New day, New dawn and bidding’s still on!

Update: 12:00 am

DTH licensing to reach PKR 4 billion

Update: 11:54 pm

Smart Sky PKR 3,910 Million

Update: 11:50 pm

Highest bid has reached PKR 3,900 Million

DTH

Update: 11:46 pm

Mag Entertainment PKR 3,874 Million

Update: 11:42 pm

Smart Sky PKR 3,852 Million

Update: 11:38 pm

Fresh bid offer PKR 3,838 Million

Update: 11:32 pm

Sardar Builders PKR 3,816 Million

Update: 11:30 pm

Smart Sky PKR 3,804 Million

Update: 11:27 pm

Talk about close calls!

  1. Shahzad Sky PKR 3,800 Million
  2. Smart Sky PKR 3,794 Million
  3. Sardar Builders PKR 3,792 Million

Update: 11:26 pm

Shahzad Sky PKR 3,800 Million

Update: 11:25 pm

Smart Sky PKR 3,782 Million

Update: 11:24 pm

Sardar Builders are back with PKR 3,772 Million bid

Update: 11:21 pm

With midnight and historic PKR 4000 million figure approaching is the bid soon to close?

Update: 11:19 pm

Mag Entertainment not backing down with PKR 3,770 Million bid

Update: 11:15 pm

Highest Bidders:

  1. Startime Communications PKR 3,760 Million
  2. Mag Entertainment PKR 3,750 Million
  3. Smart Sky PKR 3,740 Million

dth

Update: 11:14 pm

Mag Entertainment PKR 3,750 Million

Update: 11:08 pm

DTH bidding is moving towards PKR 400 million bid

Update: 11:07 pm

Startimes Communication back in the game with PKR 3,728 Million bid

Update: 11:06 pm

Mag Entertainment PKR 3,730 Million

Update: 11:05 pm

Mag Entertainment PKR 3,724 Million

Update: 11:02 pm

Calculated or unnecessary risk? It would be interesting to observe if the high-risk investment will bring high rewards. The auction is still on!

Update: 10:59 pm

Leading Bidders:

  1. Mag Entertainment PKR 3,710 Million
  2. IQ Communications PKR 3,693 Million
  3. Sardar Builders PKR 3,690 Million

Update: 10:57 pm

  • Mag Entertainment PKR 3,700 Million
  • IQ Communications PKR 3,693 Million

Update: 10:55 pm

No one is ready to give up. It seems like this match is till death (figuratively of course)

Update: 10:53 pm

Update: 10:50 pm

Shahzad Sky, Mag Entertainment and Smart Sky are in the lead

Update: 10:48 pm

dth

Update: 10:32 pm

Leading bidders:

  1. Shahzad Sky PKR 3,620 Million
  2. Mag Entertainment PKR 3,610 Million
  3. Smart SkyPKR 3,606 Million

Update: 10:30 pm

Shahzad Sky PKR 3,620 Million

Update: 10:28 pm

  • IQ Communications PKR 3,580 Million
  • Mag Entertainment PKR 3,570 Million

The auction for DTH license is in its 9th hour

Update: 10:25 pm

Highest bid PKR 3580 million and its not over yet!

Update: 10:23 pm

Out of 12 companies, 8 are still in the play with over PKR 3 billion bid. With the growing enthusiasm among the companies maybe PEMRA will call it a day.

Update: 10:15 pm

Fresh offer for the DTH license reaches a historical PKR 3440 million

Update: 10:01 pm

Current top positions for now:

1) Mag Entertainment PKR 3,384 Million

2) Shahzad Sky PKR 3,380 Million

3) Nayatel PKR 3,376 Million

Update: 9:56 pm

Top three applicants

1) Shahzad Sky PKR 3,380 Million

2) Smart Sky PKR 3,374 Million

3) Startimes Communication PKR 3,370 Million

Give a clear ‘No’ to illegal Indian DTH & content. Go for Pakistan’s own DTH #PEMRA pic.twitter.com/uA8KMThA6s

— Report PEMRA (@reportpemra) November 23, 2016

Update: 9:37 pm

IQ Communication is back at top with PKR 3,250 Million

dth

Update: 9:35 pm

Orient Electronics PKR 3,240

Update: 9:30 pm

Toppers for now:

1)Mag Entertainment PKR 3,178 Million

2) Startimes PKR 3,168 Million

3) IQ Communications PKR 3,158 Million

4) Orient PKR 3,156 Million

5) Smart Sky PKR 3,154 Million

6)Nayatel PKR 3,136 Million

7)Shahzad Sky PKR 3,32 Million

8) Sardar Builders PKR 3,058 Million

Update: 9:10 pm

Startimes PKR 3,060 Million

Update: 9:09 pm

Orient Electronics of Lahore PKR 3,040 Million

Update: 9:08 pm

Shahzad Sky PKR 3,030 Million

Update: 9:08 pm

IQ Communication PKR 3,020 Million

Update: 9:05 pm

Startimes Communication PKR 3,010 Million

Update: 8:35 pm

Bidding is going intense with time. Shahzad Sky, Smart Sky, Orient Electronics, Startimes Communications, Sardar Builders, Mag Entertainment and IQ communications are fighting hard.

Update: 8:32 pm

Companies are fighting tooth to nail in the bid to get the DTH license providing them exclusive rights to enjoy the return on their investment for the next 15 years.

The auction is still going strong!

Update: 8:22 pm

The legendary highest bid of PKR 3 Billion

Update: 8:16 pm

In the battlefield to obtain DTH license, nobody wants to give up without a fight. It’s is a one time deal for 15 years lets see which companies will push their limits.

Update: 8:08 pm

PEMRA’s wise words

Update: 8:05 pm

Highest bid is to surpass PKR 2.7 billion

dth-pemra

 

Update: 7:54 pm

Highest bid PKR 2,660 million in the sixth hour of bidding.

It’s still going strong!

Update: 7:35 pm

Startime Communications PKR 2,520 million

Orient Electronics PKR 2,490 million

Update: 7:30 pm

PEMRA’s update


Update: 7:28 pm

The DTH auction brings in a new age of Television and its bidding is still going strong.

Update: 7:20 pm

Highest Bid PKR 2.5 Billion

Update: 7:10 pm

Mag Entertainment PKR 2300 million

Update: 7:03 pm

The top three bidders will grab DTH license

Update: 6:57 pm

Highest bid PKR 2100 million

Update: 6:50 pm

Smart Sky PKR 2080 million

Orient Electronics PKR 2070 million

IQ Communications PKR 2062 million

Shahzad Sky PKR 2060 million

Update: 6:44 pm

Mag Entertainment PKR 2050 million

Update: 6:43 pm

Smart Sky PKR 2040 million

Update: 6:41 pm

IQ Communications PKR 2034 million

Update: 6:39 pm

Sardar Builders PKR 2030 million

Mag Entertainment PKR 2020 million

Smart Sky PKR 2010 million

Update: 6:36 pm

Shahzad Sky PKR 2 billion

Update: 6:36 pm

Mag Entertainment PKR 1988 million

Update: 6:35 pm

Star Time Communications PKR 1986 million

Update: 6:31 pm

IQ Communications PKR 1976 million

Update: 6:31 pm

Orient Electronic PKR 1974 million

Update: 6:29 pm

PKR 1970 million by Sardar Builders

Update: 6:27 pm

Mag Entertainment PKR 1972 million

Update: 6:27 pm

PKR 1954 million by Sardar Builders

Update: 6:26 pm

PKR 1964 million by IQ Communications

Update: 6:25 pm

  • PKR 1960 million by Orient Communications
  • PKR 1950 million by Shahzad Sky

Update: 6:23 pm

Highest bid PKR 1938 million by Smart Sky

Update: 6:20 pm

Highest bid PKR 1900 million

Update: 6:17 pm

Sky Communications PKR 1878 million

Update: 6:13 pm

  • Sardar Builders PKR 1866 million
  • IQ Communication PKR 1874 million

Update: 6:12 pm

  • Mag Entertainment PKR 1872 million
  • Star SkY PKR 1870 million

Update: 6:10 pm

Fresh bid of PKR 1858 million

Update: 5:57 pm

Leading bidders:

  • Mag Entertainment PKR 1802 million
  • Shahzad Sky PKR 1800 million
  • Parus Media PKR 1790 million

Update: 5:53 pm

3rd highest bid is PKR 1754 million

Bidding has entered into its 5th hour

Update: 5:50 pm

The highest bid now is PKR 1770 million

Update: 5:40 pm

Update by PEMRA

Update: 5:35 pm

The leading bidders:

  • Sardar Builders with PKR 1620 million
  • Sky Shahzad with PKR 1616 million
  • Mag Entertainment with PKR 1610 million

Update: 5:31 pm

Parus Media PKR 1562 million

Update: 5:30 pm

The leading bidders:

  • Sardar Builders with PKR 1580 million
  • Mag Entertainment with PKR 1570 million
  • Smart Sky with PKR 1560 million

 

Update: 5:24 pm

Mag Entertainment bid PKR 1520 million

Update: 5:22 pm

Smart Sky in the lead with PKR 1510 million

Update: 5:21 pm

Sardar Builder in the lead with PKR 1504 million bid

Update: 5:19 pm

Bidding has crossed PKR 1500 million mark

Update: 5:15 pm

Current highest bidders:

  • Mag Entertainment with PKR 1480 million
  • Smart Sky with PKR 1470 million
  • Sardar Builder with PKR 1468 million

Update: 5:12 pm

Smart Sky leads the bid with PKR 1470 million

IQ Communication is at number 2, Mag Entertainment at number 3

Smart Sky Private Limited is a PTCL company

Update: 5:05 pm

Sardar Builders in the lead with PKR 1380 million bid

Update: 5:01 pm

Update: 4:55 pm

The DTH auction has reached PKR 1300 million bid and is still going

Update: 4:48 pm

The leading parties in the auction include:

  • Smart Sky with PKR 1270 million bid
  • Sardar Builders with PKR 1260 million bid
  • Mag Entertainment with PKR 1250 million bid

Update: 4:46 pm

Smart Sky leads with PKR 1270 million bid

Update: 4:42 pm

  • PKR 1260 million bid by Sardar Builders
  • PKR 1250 million bid by MAG Entertainment
  • PKR 1240 million bid by Smart Sky

Update: 4:36 pm

Bidding has crossed PKR 1240 million

Update: 4:34 pm

Bidding has crossed PKR 1200 million

Update: 4:30 pm

Update: 4:15 pm

round-2-of-dth-bidding

Update: 4:10 pm

Parus Media in the lead with 1.032 billion bid

Update: 4:05 pm

Smart Sky in the lead with PKR 1.03 Billion

Update: 3:55 pm

Bidding crosses PKR 1 Billion by Sardar Builders

Round 2 of DTH bidding

Update: 3:45 pm

PKR 962 bid by Sardar Builders

Update: 3:40 pm

Bid just crossed PKR 910 million

The second round is now live with the bid crossing PKR 700 million and it is still going up.

The highest bid received during the first round was Rs. 310 million.

PEMRA has opened the sealed bids of its 12 participants

PEMRA has started its auction.

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