Bharti Airtel and Reliance Jio, two of India's leading telecom providers, experienced significant network outages on Monday, affecting mobile data and voice services for numerous users across the country.

Airtel Users Hit Hardest

Bharti Airtel subscribers bore the brunt of the disruption, with Downdetector, a platform that tracks service outages, recording over 3,470 reports of service disruptions as of 4:54 p.m. The majority of these complaints, approximately 72%, were related to mobile phone issues, indicating a widespread impact on Airtel's cellular network.

Jio Services Also Affected

While Reliance Jio reported fewer outages compared to Airtel, its users also faced considerable challenges. The breakdown of issues for Jio customers was as follows:

Impact on Users

The network disruptions likely caused significant inconvenience for both personal and business users who rely on these services for communication, work, and entertainment. In today's interconnected world, such outages can have far-reaching consequences, affecting everything from remote work to online transactions.

Response from Telecom Companies

As of the time of reporting, neither Bharti Airtel nor Reliance Jio had issued official statements regarding the cause of the outages or the expected time for service restoration. Users are advised to stay tuned to the official communication channels of their respective service providers for updates on the situation.

This incident highlights the critical nature of telecom infrastructure in our daily lives and the potential impact of service disruptions on a large scale. It also underscores the importance of robust network management and quick response mechanisms for telecom operators to address such issues promptly and effectively.

Bharti Airtel , one of India's leading telecom operators, witnessed significant market activity and regulatory developments recently.

Major Block Trade on NSE

Bharti Airtel experienced a substantial block trade on the National Stock Exchange (NSE), involving approximately 770,817 shares. The transaction was executed at Rs. 1,880.50 per share, amounting to a total value of Rs. 144.95 crore. This block deal represents a noteworthy institutional trade in the telecom giant's stock, potentially indicating strong interest from large investors.

Block trades of this magnitude often attract market attention as they can signal confidence in a company's prospects or strategic moves by institutional investors. However, the specific parties involved in this transaction and their motivations remain undisclosed.

Regulatory Update

In a separate development, Bharti Airtel disclosed receiving a notice from the Department of Telecommunications (DoT), Karnataka LSA. The notice imposes a penalty of Rs. 2,15,000 on the company for alleged violations of subscriber verification norms.

The DoT conducts periodic Customer Application Form (CAF) Audits to ensure compliance with licensing terms and conditions. The recent audit revealed alleged violations related to subscriber verification norms under the License Agreement.

Bharti Airtel stated in its regulatory filing that it has opted not to contest the penalty and will proceed with the payment. The company noted that the maximum financial impact is limited to the extent of the penalty levied.

While the penalty amount is relatively small compared to Bharti Airtel's overall operations, it underscores the ongoing regulatory scrutiny in the telecom sector and the importance of adherence to compliance norms.

As Bharti Airtel navigates these market and regulatory developments, investors and industry observers will likely keep a close watch on the company's performance and compliance measures in the coming months.