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SITI Networks’ transformation begins with slashing of bloated workforce

MUMBAI: The breeze of change is being felt at the Essel Group-owned SITI Networks. Work is on to claw the 13-million subscriber base strong MSO – which has estimated accumulated losses of Rs 650-odd million - back to profitability. And, the Essel group chairman Subhash Chandra is relying on the...

Cable TV Multi System Operators
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Siti Network looks to raise $100 million

Essel group multisystem operator (MSO) Siti Network has plans to raise $100 million though an issue of securities and/or equity related instruments. The company informed the Bombay Stock Exchange (BSE) that it needs the money to fund its operations. It has an ambitious plan to further expand its...

Cable TV Multi System Operators

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