Categories: Material Information

HUMNL bags ICC cricket events rights

In a notification sent to PSX on 09/04/2024, Hum Network Limited (HUMNL) has announced a broadcasting rights for ICC cricket events.

M/s. Tower Sports (Private) Limited, a wholly owned subsidiary of M/s. HUM Network Limited together with TS3 FZ LLC, an indirect wholly-owned subsidiary of the Company has been awarded broadcasting rights for ICC cricket events in Pakistan for the years 2024- 25. The major ICC events during this contract period include Men’s & Women’s ICC T20 World Cup 2024, Men’s Champions Trophy 2025, and ICC Women’s Cricket World Cup 2025 amongst many events.

These rights shall strengthen our position as a premier destination for all cricketing events along with boosting advertising revenues and attracting new sponsors.

The shares of HUMNL were last trading at Rs. 6.82 today.

Aamir Hayat

Recent Posts

Shifa International (SHFA) has returned 150% in two months, will the rally continue?

Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…

2 weeks ago

HUBC’s base plant expiry: What is next for the power giant?

The closure of the Hub Power Company Limited (HUBC) plant marks a significant shift in…

2 months ago

How well did Fatima Fertiliser perform in 2QCY24?

Fatima's 2QCY24 financial performance reflects a challenging quarter, marked by a significant decline in profitability…

3 months ago

How is HMB handling financial challenges to grow?

Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…

3 months ago

How does MARI and POL reserve life compare?

In the oil and gas sector, the longevity of reserves is a critical measure of…

3 months ago

Is Cherat Cement poised for growth?

Cherat Cement Company Limited (CHCC) has recently released its financial results for the fourth quarter…

3 months ago