SITI Networks Limited, a privately owned Indian company founded in 1994, primarily provides pay TV services. Part of the Essel Group, its business interests extend beyond pay TV to encompass media, packaging, entertainment, technology services, infrastructure development, and education. In 2020, the company's revenue was less than $500 million.
Siti Networks reached a new 52-week low, continuing a downward trend and underperforming its sector. The company reported negative financial results for three consecutive quarters, and a high debt-to-equity ratio was noted. These challenges contrast with broader market resilience and small-cap gains, as well as broader sector gains within the DTH/Cable industry. The company's struggles raise concerns about its long-term viability and market position.
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SITI Networks offers 2 products in the media and telecoms services industry. SITI Networks's product portfolio comprises of broadcast television and radio and pay TV services.
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SITI Networks's revenues were less than $500M in 2020. Caretta Research has split SITI Networks's revenue into 2 different product categories, the largest of which is pay TV. For full access to SITI Networks's revenue breakdown subscribe to Caretta Portal.
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