You can edit almost every page by Creating an account. Otherwise, see the FAQ.

Siti Networks Ltd

From EverybodyWiki Bios & Wiki

Siti Networks Ltd
File:Siti Networks logo.svg
Public
Traded asBSE532795
NSESITICABLE
ISIN🆔
IndustryMedia & Entertainment
Founded 📆June 1994
Founder 👔
Headquarters 🏙️Noida, Uttar Pradesh, India
Area served 🗺️
India
Key people
Subhash Chandra (chairman)
Products 📟 Digital cable television
Broadband internet
Local cable TV channels
Members
Number of employees
🌐 Websitewww.sitinetworks.com
📇 Address
📞 telephone

Siti Networks Ltd, formerly known as Wire and Wireless (India) Limited (WWIL), is a multi system operator (MSO) promoted by the Essel Group (now just 6.1% minority stake holder).[1] The company provides digital cable television services in India and is headquartered in Noida, Uttar Pradesh.[2][3][non-primary source needed]

History[edit]

WWIL was formed as a part of the de-merger of Zee Entertainment Enterprises Limited – ZEEL, formerly known as Zee Telefilms Limited (ZTL) – the publicly listed flagship company of Zee Group. As per the Scheme of Arrangement approved by the High Court in Mumbai, all the cable TV distribution business within ZEEL and Siti Cable Networks Limited (Siti Cable) was transferred to WWIL as of 31 March 2006. Siti Cable was a 100% subsidiary of Zee Telefilms Limited. The cable operations of Siti Cable were launched in June 1994. SITI Cable was known as Wire and Wireless (India) Limited till 5 September 2012 wherein after it is renamed as SITI Cable Network Limited it is renamed as SITI NETWORK LIMITED

Fall of promoters' shareholding[edit]

In October 2021, it was reported that promotes have just 6.1% stake left in Siti Networks.[1]

References[edit]

  1. 1.0 1.1 Kar, Ayushi. "Unpaid dues: Operational creditors may drag Siti Networks to NCLT". @businessline. Retrieved 2021-10-18.
  2. Finally, tipping point for Cable Television – DNA Analysis
  3. Sudhir Agarwal, Chief Executive Officer (CEO) , Wire and Wireless ( India) Ltd.

External links[edit]


This article "Siti Networks" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Siti Networks. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

Page kept on Wikipedia This page exists already on Wikipedia.