SITI Networks, also known as Siti Cable, is publicly owned and headquartered in India. Founded in 1994, the company reported $140.8M in revenue as of 2024, functioning as a tier 1 media tech buyer. Its main product is telecoms, and the company offers a portfolio of assets in media, packaging, entertainment, technology-enabled services, infrastructure development, and education.
On July 2, 2026, SITI Networks disclosed a full loan default amid an ongoing insolvency battle. Previously, on June 30, the company closed its trading window in anticipation of its Q1 FY27 results, following the confirmation of its loan defaults and the reinstatement of its Corporate Insolvency Resolution Process (CIRP) on the same day. This follows a May 29 compliance report where SITI Networks affirmed its adherence to SEBI regulations, despite facing delays in submitting financial results for the quarters ending March 31, June 30, September 30, and December 31, 2025. The company incurred a total fine of Rs. 3,660,000 for these delays, having been under CIRP since February 22, 2023.
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SITI Networks offers 3 products in the media and telecoms services industry. SITI Networks's product portfolio comprises of telecoms and media and TV services.
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SITI Networks's revenues were $140.8M in 2024. Caretta Research has split SITI Networks's revenue into 2 different product categories, the largest of which is consumer broadband, which represents 67% of SITI Networks's revenue.
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