Siti Networks News
SITI’s 9MFY20 Operating EBITDA surged 1.24 times over the similar duration of last fiscal, to Rs. 2,676 Mn. This jump has been due to strict control over expenses and operating efficiencies. SITI’s Operating EBITDA Margin for 9MFY20 also expanded significantly by 1.1 times y-o-y to 22%.
The operating EBITDA of SITI Networks Ltd surged 43% over the second quarter of last fiscal, a 16% sequential quarterly growth to Rs 975 million.
The regulator also clarified that DTH and cable operators cannot force consumers to go in for only predefined packages or bouquets.
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