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 theater 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.
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Bol News has launched its live regular transmission on 25 December 2016.
The BOL Network was started by Pakistani businessman, Shoaib Ahmed Sheikh 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 TV claims to be on the Centrist/Left of Centre of the political spectrum but with a strong pro-nationalist outlook.
It 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.
The head office is located in Karachi and called Bolistan  The network’s regional headquarters in the provinces are in Lahore and Islamabad. BOL Network, also operated their own DSNG vans and when the parent company, Axact, was raided by FBR in connection with fake degrees and money laundering, Bol Network used its DSNG vans to create a barricade and prevent journalists from coming near the building. When the Axact scandal came to light reliable sources informed the Federal Board of Revenue that most of the equipment used by Bol network had been imported illegally. A notice was served to the CEO under Section 26 of the Customs Act 1969 and he was ordered to submit proof that the equipment being used had been imported using legal means.
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