Section 1January 16, 2003, Sec./Art. 1

Nature of Scope of Franchise. - Subject to the provisions of the Constitution and applicable laws, rules and regulations, there is hereby granted to Supreme Broadcasting System, Inc., hereunder referred to as the grantee, its successors ar 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 the Philippines, where frequencies and/or channels are still available for radio and/or television broadcasting, through microwave satellite or whatever means including the use of any new technologies in television and radio system, with the corresponding technologies auxiliaries and facilities, special broadcast and other program and distribution services and relay stations.