Section 1November 17, 1991, Sec./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 Progressive Broadcasting Corporation, hereunder referred to as the grantee, its successors or assigns a franchise to construct, install, operate and maintain for commercial purpose and in the public interest radio broadcasting stations and televisions in Metro Manila and in Regions 1, VI and VII with the corresponding technological auxiliaries or facilities for special broadcast and other program and distribution services and relay stations, and to install radio communication facilities for the grantee's private use in its broadcast services.