Mon, Jun 24, 2024
Corporate Insolvency Resolution Process (CIRP) was initiated against Siti Networks in February last year by the National Company Law Tribunal (NCLT).
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Fri, Feb 07, 2020
SITI Networks Limited has reported Operating EBITDA rise to the tune of 1.24 times over a similar duration of last fiscal, to Rs 2,676 Mn.
Mon, Aug 12, 2019
SITI Networks Limited, an Essel Group Company has reported a 20% jump in revenue to Rs 392.5 crore. SITI Networks has a presence across 580+ locations in India and has continued with its strong performance from last fiscal.
Thu, May 30, 2019
SITI Networks's subscription revenue increased by 19% to Rs 9,537 Mn in FY19, aided by improving monetization and upselling better value offerings to customers.
Wed, Feb 13, 2019
On the back of disciplined execution, SITI reported growth in its Operating EBITDA by 1.4x QoQ & 1.9x YoY. SITI Operating EBITDA Margin also expanded significantly by 975 bps YoY to 24.5% in Q3FY19.
Wed, Jan 09, 2019
SITI Networks Limited has launched My SITI mobile app for its customers. Customers can download the app from Google Play Store (https://goo.gl/75pF66) to all Android-based mobile devices.
Tue, Sep 11, 2018
“SITI PlayTop has DVR facility along with USB playback functionality. This hybrid STB is being initially launched in SITI’s dominant markets of West Bengal, Bihar, Jharkhand, Assam, Odisha, Delhi & Haryana followed by a progressive rollout across India in the coming months," said Rajesh Sethi of SITI Networks Limited, launching the 'SITI PlayTop'.
Wed, Aug 08, 2018
SITI's country-wide monetization increase programme in June 2018 has resulted in a 17% increase in ARPU. The company has also improved its subscription collection efficiency, surpassing 93% in June 2018 exit, which has further risen to 97% exit July’18, it added.
Fri, May 18, 2018
In the March quarter, the company's operating EBITDA margins expanded by 900 bps YoY to 16.2 per cent, while operating EBITDA improved significantly by 145 per cent YoY to Rs 51.5 crore.
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