PTV's Transmission Might Be Suspended After August 10
The letter states that despite numerous guarantees and reassurances from PTV's higher management, the channel did not make any payments to PAKSAT in a long time.
SPARCO\\’s marketing company operated under Pakistan Space Agency, PAKSAT International, has written a letter to PTV demanding payment of arrears worth $4.9 million. PAKSAT warned it would suspend the channel\\’s transmission if PTV doesn\\’t clear the amount before the 10th of August.
The letter states that despite numerous guarantees and reassurances from PTV\\’s higher management, the channel did not make any payments to PAKSAT for a long time. According to the letter, PTV had settled on a monthly fee of $132,150 to PAKSAT International for acquiring their satellite services for its TV channels and DSNG vans.
Since the decline in PAKSAT\\’s revenue will adversely impact SPARCO, PAKSAT is urging the Secretary for the Ministry of Information and Broadcasting to intervene and resolve the payment matter.
Amir Manzoor, the Managing Director PTV, has not commented yet.
It is pertinent to mention that the post of Director Finance PTV has been vacant for months. The Controller Finance PTV is handling the additional charge of the job.
Regarding the payment matter, Syed Jamil Haider Zaidi, the Controller Finance, Planning, and Development PTV, revealed:
PTV, the national television, paid Rs. 9 crores to PAKSAT last month. Over the previous year, PTV paid Rs. 25 crores to PAKSAT.
Zaidi believes that PAKSAT cannot suspend the transmission of state television. Thus, he requests PAKSAT to resolve the matter through considerations and negotiations.
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