- Business
- SITI Networks Limited (SITINET.BO), an India-based multi-system operator (MSO), distributes television channels through digital cable distribution networks and provides allied services including broadband internet. The company offers digital and analogue cable television; broadband services; local television channels; and advanced features such as video on demand, pay-per-view, over-the-top (OTT) content, electronic programming guide (EPG), and gaming via set-top boxes (STBs), all marketed under the SITI brand. It operates 15 digital headends and a network exceeding 33,000 kilometers of optical fiber and coaxial cable, serving approximately 580 locations across India and reaching over 11.3 million digital customers.
Founded in 1994 as part of the Essel Group and originally known as SITI Cable Network Limited (renamed in 2016), the company maintains headquarters in Noida, Uttar Pradesh. Subsidiaries include Indian Cable Net Company Limited, Central Bombay Cable Network Limited, Siti Cable Broadband South Limited, and Siti Vision Digital Media Private Limited, among others.
Recent developments include ongoing Corporate Insolvency Resolution Process (CIRP) proceedings, with regular Committee of Creditors meetings and updates through 2025; persistent disclosures of defaults on loan interest and principal repayments from banks; and publication of unaudited financial results for quarters ending June 30, 2025, and audited results for the year ended March 31, 2025, alongside trading window closures and regulatory compliances.