Section 1Sec./Art. 1

Nature and Scope of Franchise.- Subject to the provisions of the Constitution and applicable laws, rules and regulations, the franchise granted to GV Broadcasting System, Inc., presently known as Cignal TV, Inc., hereunder referred to as the Grantee, its successors or assignees, under Republic Act No.8169, as amended by Republic Act No. 8591, to construct, install, establish, operate, and maintain for commercial purposes and in the public interest, radio and television broadcasting stations throughout the Philippines, where frequencies and channels are still available for radio and television broadcasting, including digital television system, and the use of any new technology in radio and television systems, as well as such other systems, facilities or structures for the origination, reception, processing, transmission, broadcast, rebroadcast or distribution of audio, video, information, and othr electronic signals, for the provision of service such as direct to home/user broadcast via satellite, pay television, multimedia, value-added services and other similar services, through electromagnetic waves, fiber optics, satellites and whatever means now available or which in the future may be developed, with the corresponding technical auxiliaries or facilities, relay stations, transmit and receive satellite systems, content production and distribution facilities, and other systems as are essential or convenient to carry out the purposes of this franchise, is hereby renewed for another twenty-five (25) years.