BOL Network is an Axact owned media conglomerate based in Karachi. The Editor-in-chief of the group was Kamran Khan. The media group houses print and electronic media.
Pakistan Electronic Media Regulatory Authority granted radio and satellite television licenses to the BOL Network. These licenses were suspended over reservations but later reinstated by the Ministry of Interior.
Following Axact scam, the CEO of the BOL Network and Axact announced the launch date of BOL News channel on May 19 and the test transmission was started on May 21. On 23 May 2015, Kamran Khan, Asma Shirazi and Iftikhar Ahmad left BOL Network due to allegations on Axact.