Nasdaq-listed Lytus acquires 51% in Telangana MSO
Lytus Technologies Holdings has acquired a 51% stake in Telangana-based cable TV and broadband player Sri Sai Cable and Broadband for an enterprise valuation of $25–30 million. Sri Sai Cable and Broadband will enable Lytus to expand its reach by offering cable and internet services not only to consumers in Telangana but also to their extended subscriber base in Andhra Pradesh, Maharashtra, and Kerala. The acquisition of Sri Sai Cable and Broadband is in line with Ly