SITI Networks, also known as Siti Cable, is a publicly owned company headquartered in India. Founded in 1994, it reported $135.3M in revenue as of 2025 and is a tier 2 media tech buyer. The company specializes in telecoms. It operates as part of the Essel Group, based in India, and offers a portfolio of assets across various sectors including media, packaging, entertainment, technology-enabled services, infrastructure development, and education.
On July 31, 2026, MUFG Intime India Pvt. Ltd. issued a confirmation certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations 2018, verifying that securities received from depository participants for dematerialisation during the quarter ended June 30, 2026, were processed with depositories and subsequently listed on the relevant stock exchanges. Earlier on the same day, Siti Networks Limited defaulted on interest and principal payments for loans from banks, with the total default amounting to INR 1206.03 crore out of a total financial indebtedness of INR 1500 crore. The company failed to pay term loan installments to lenders including ARCIL, IDBI Bank, RBL, Axis Bank, ABFL, Induslnd Bank, Vani Agencies Pvt. Ltd., and ICNCL. The Resolution Professional admitted Vani Agencies Pvt. Ltd.'s claim as a financial debt, and the National Company Law Tribunal directed financial creditors to remit the amount back to the corporate debtor along with accrued interest.
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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 $135.3M in 2025. 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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