The Lahore High Court on Monday adjourned till Feb 27 hearing of a petition of Geo Super TV Group seeking court directions to hold a re-bidding for sub-licencing of broadcasting rights for ICC cricket during 2012-15.
The Group (Geo Super), in it petition submitted that the court had ordered the PTVC to hold a bid for sub-licencing of broadcasting rights for ICC cricket during 2012-15, on a petition filed by the petitioner.
He submitted that the PTVC, after the court’s order, through a letter on December 15, 2011 informed the petitioner about holding a bidding between IMC and Taj Limited (Ten Sports). He said that the letter also included detailed list of terms and conditions for bidding besides mentioning that “exclusive satellite broadcasting rights and shared cable rights with PTVC” were being sold.
The petitioner said that the bidding committee observed that the Taj limited stood disqualified for not submitting necessary documents whereas it held that the petitioner complied with all conditions but bid amount was low.
He said that the respondent through a letter on January 2 informed that Taj limited had been declared successful bidder. The petitioner contended that the respondent failed to ensure transparency and declared the Taj limited as a successful bidder.
The petitioner through a letter on December 28 offered to purchase all rights owned by PTV for US$30 million and further offered US$16 million for revenue sharing agreement.
The prayed the court to declare the letter issued on January 2 as illegal and direct respondent to comply court order of December 13, 2011.
