SITI Cable adds 0.33 million video subscribers in 3Q 2015
Monday, November 9th, 2015Added 0.33 million Video subscribers
NEW DELHI, India — The Board of Directors of SITI Cable Network Limited (SITI CABLE) (BSE: 532795, NSE: SITI CABLE EQ) in its meeting held today, has taken on record the Unaudited Consolidated Financial Results of the company for the Second Quarter ended September 30, 2015.
Cable
• Market Expansion: SITI further expanded into 21 markets in the states of Harayana, MP, Karnataka, Rajasthan, Telangana & Uttrakhand as a part of the ongoing voluntary digitization process in order to be compliant with DAS Phase 3 Digitization deadline
• HD subscribers currently at 25,000
• Step ahead in Technology: SITI has adopted MPEG 4 technology and will provide MPEG-4 set-top boxes (STBs) equipped with Personal Video Recorder (PVR) facility to subscribers
Operational Metrics
Quarter Ended ---------------------- Q2 FY 2016 Q1 FY 2016 ---------- ---------- Cable Universe (Mn) 10.7 10.7 Digital Subscribers (Mn) 5.9 5.6 Digital Subscribers added (Mn) 0.33 0.20
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