Company about to broadcast in Egypt (5)
I believe the answer is:
cairo
'egypt' is the definition.
(I've seen this before)
'company about to broadcast' is the wordplay.
'company' becomes 'co' (abbreviation).
'about' is an insertion indicator.
'to broadcast' becomes 'air' (to air on TV).
'co' enclosing 'air' is 'CAIRO'.
'in' acts as a link.
(Other definitions for cairo that I've seen before include "Capital of Egypt" , "Egyptian capital" , "Al Qahira" , "City near the Nile delta" , "Capital city on the Nile" .)