New Delhi, January 28, 2025 – Bharti Airtel Limited (NSE: BHARTIARTL, BSE: 532454) has disclosed that it has received three penalty notices from the Department of Telecommunications (DoT) for alleged violations of subscriber verification norms, amounting to a total financial impact of ₹8.88 lakh.
Details of the Penalty Notices
Region | Penalty Amount (₹) | Reason for Penalty | Date of Notice |
---|---|---|---|
Andhra Pradesh LSA | ₹6,47,000 | Alleged violations in Subscriber Verification Norms (CAF Audit) for November 2024 | January 27, 2025, at 14:33 IST |
Jammu & Kashmir LSA | ₹1,40,000 | Alleged violations in Subscriber Verification Norms (CAF Audit) for Q3 FY25 | January 27, 2025, at 15:31 IST |
Uttar Pradesh (West) LSA | ₹1,01,000 | Alleged violations in Subscriber Verification Norms (CAF Audit) for December 2024 | January 27, 2025, at 17:43 IST |
Bharti Airtel’s Response
The company has not accepted the penalties and plans to take appropriate legal actions to challenge them. In the case of the Jammu & Kashmir LSA penalty, Airtel explicitly stated that it does not agree with the notice and will seek rectification or reversal.Impact on Operations
- Financial Impact: The total penalty of ₹8.88 lakh is not expected to have a material financial impact on the company.
- Regulatory Compliance: Bharti Airtel reiterated its commitment to adhering to DoT guidelines and compliance measures to ensure smooth operations.