Gurugram, February 1, 2025 – Bharti Airtel Limited (NSE: BHARTIARTL, BSE: 532454) has disclosed that it received a notice from the Department of Telecommunications (DoT), Uttar Pradesh (East) LSA, imposing a penalty of ₹1,31,000 for alleged violations of subscriber verification norms.
Regulatory Notice Details
- Authority Issuing the Notice: Department of Telecommunications, Uttar Pradesh (East) LSA
- Nature of Action: Penalty for alleged subscriber verification non-compliance
- Date of Receipt: January 31, 2025, at 18:35 IST
- Violation Alleged: Non-compliance with subscriber verification norms as per the License Agreement, based on a Sample CAF Audit conducted in December 2024.
- Financial Impact: Limited to ₹1.31 lakh penalty
Company Response
Bharti Airtel, in its regulatory filing, acknowledged the notice and confirmed that it has taken note of the matter. The company has not indicated whether it plans to contest the penalty or implement any remedial actions.This development follows a series of audits by the DoT aimed at ensuring compliance with telecom licensing terms and conditions, particularly concerning customer acquisition and verification processes.
Investors and stakeholders will await further clarification from Bharti Airtel on its next steps regarding the notice.