Section 1Sec./Art. 1

Nature and Scope of Franchise.

Subject to the provisions of the Constitution and applicable laws, rules and regulations, there is hereby granted to the Nueva Vizcaya State University, hereunder referred to as the grantee, its successors or assigns, a franchise to construct, install, establish, operate and maintain for commercial purposes and in the public interest, radio and/or television broadcasting stations in Region II where frequencies and/or channels are still available for radio and/or television broadcasting, including digital radio and television system, internet protocol-related services and internet protocol-value-added services, through microwave, satellite, or whatever means, including the use of any new technology that may hereafter or in the future be developed in the field of radio and television broadcasting, with the corresponding technological auxiliaries and facilities, special broadcast and other program and distribution services and relay stations.