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SITI Networks News
SITI Networks reports 20% jump in revenue to Rs 392.5 crore
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.
SITI Networks Results for Q4FY19 & FY19: Company's subscription revenue up by 19% to Rs 9,537 million
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.
SITI Networks Ltd Q3FY19 result announced; subscription revenue surges 21.4%
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.
SITI Networks launches My SITI mobile app for the customers to access and operate their SITI Digital Cable TV connection
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.
SITI Networks to launch hybrid set top box 'SITI PlayTop'
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'.
SITI Networks operating EBITDA up by 146% at Rs 549 Mn in Q1FY19
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.
SITI Networks subscription revenues jump 41% in FY18; adds 3.1 mn subscribers
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.