The ARY Network was the holder of six television licences, broadcasting predominantly Urdu-language content in the UK.
The Office of Communications (Ofcom), UK's independent media regulator, had opened an investigation into the network which is now concluded.
"Following both written and oral representations from ARY Network (in liquidation), Ofcom was satisfied that ARY Network had ceased to provide the licensed services and that it was appropriate for it to revoke the licences," Ofcom said in a statement this week.
Ofcom was notified last week that the network stopped its trading on December 31, 2016 and was put into voluntary liquidation on January 12 this year.
ARY is a subsidiary of the ARY Group of companies based in Dubai. The company's bankruptcy in the UK follows a libel suit filed in London by rival Geo Television.
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