Siti Networks Ltd, formerly known as ''Wire and Wireless (India) Limited (WWIL)'', is a

multi system operator A multiple-system operator (MSO) is an operator of multiple cable or direct-broadcast satellite television systems. A cable system in the United States, by Federal Communications Commission (FCC) definition, is a facility serving a single communi ...

(MSO) promoted by the

Essel Group Essel Group, (also known as Zee Group) is an Indian multinational conglomerate holding company and corporate promoter headquartered in Mumbai, Maharashtra, India. The company has had business interests in mass media, infrastructure and packag ...

(now just 6.1% minority stake holder). The company provides digital cable television services in India and is headquartered in

Noida Noida, short for New Okhla Industrial Development Authority, is a planned city located in Gautam Buddha Nagar district of the Indian state of Uttar Pradesh. Noida is a satellite city of Delhi and is a part of the National Capital Region (NCR) o ...

Uttar Pradesh Uttar Pradesh (; , 'Northern Province') is a state in northern India. With over 200 million inhabitants, it is the most populated state in India as well as the most populous country subdivision in the world. It was established in 1950 ...

.Sudhir Agarwal, Chief Executive Officer (CEO), Wire and Wireless (India) Ltd.
/ref>

History

WWIL was formed as a part of the de-merger of

Zee Entertainment Enterprises Limited Zee Entertainment Enterprises (formerly Zee Telefilms) is an Indian media conglomerate owned by Essel Group. Headquartered in Mumbai, it has interests in television, print, internet, film, businesses related to mobile contents, and operates 45 ...

– 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 Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

, 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

In October 2021, it was reported that promoters of Essel Group only had 6.1% stake left in Siti Networks. Ltd.

References

External links

Official website
{{Authority control Companies based in Noida Cable television companies of India Television networks in India Indian brands Internet service providers of India Indian companies established in 1994 1994 establishments in Uttar Pradesh Mass media companies established in 1994 Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange