Bharti Airtel shares trade higher amid TRAI penalties, latest buzz around Starlink launch

Bharti Airtel share price was trading on the higher side on Wednesday, June 10, amid the Telecom Regulatory Authority of India's (TRAI) demand for two set of penalties from the telecom major, likely on the latest buzz over the launch of Elon Musk-led Starlink in India.

Shares of Bharti Airtel were trading 0.44% higher at ₹1,806.90 after the opening bell on Wednesday, compared to ₹1,799 at the previous market close, as per NSE data.

NSE filings showed that Bharti Airtel has received a total of ₹43.79 lakh worth of penalty order from the telecom regulators on certain alleged violations. The company informed the stock exchange after the market hours on Tuesday.

TRAI demand details

Telecom Regulatory Authority of India (TRAI) imposed a penalty of ₹37,12,000 or ₹37.12 lakh on Bharti Airtel as the company allegedly did not address the complaints in line with the provisions of the Commercial Communications Customer Preference Regulations, 2018, for the quarter ended September 2024.

The company also said that the maximum financial impact from the penalty will be to the extent of the demand from the telecom regulator.

“The company does not agree with the Order and will take appropriate action(s) for rectification/reversal of the same,” Bharti Airtel informed the stock exchanges.

Bharti Airtel also said that Department of Telecommunications of Andhra Pradesh LSA imposed a ₹6,67,000 or ₹6.67 lakh for alleged violation of subscriber verification norms, according to an exchange filing.

In this case, the company said that they have “opted to pay and not contest the penalty.”

On Monday, June 8, Bombay High Court has allowed a petition filed by Bharti Airtel, while setting aside a ₹8,414 crore impugned demand, which includes a ₹473.7 crore OTSC demand on Bharti Hexacom, a company subsidiary.

Starlink launch hits roadblock

Bharti Airtel shares were trading on the backdrop of its global competitor, billionaire Elon Musk-led satellite internet provider, Starlink, reportedly being hit by a security roadblock in India over key concerns about the use of satellites.

According to a Bloomberg report citing people aware of the development, India has effectively frozen the approval of Starlink to begging commercial operations due to the concerns over the company using its satellite terminals in the conflict in West Asia.

The report mentioned that the Ministry of Home Affairs have withheld the final clearance Starlink needs to launch its commercial operations. The people aware of the development also told the news portal that the Starlink terminals were allegedly being used in the West Asia conflict despite the service being not in license in Iran.

This comes days before the SpaceX moving to its public listing on Nasdaq via the IPO route, aiming for a $1.75 trillion valuation from the stock market. With Starlink being in key focus of SpaceX investors, any delays in the company’s expansion is likely to put the public issue at risk.

How have Bharti Airtel shares performed?

Bharti Airtel shares closed 0.79% lower at ₹1,799 after Tuesday’s trading session, compared to ₹1,813.30 at the previous market close, according to NSE data. The company received the TRAI penalty orders after the market operating hours on June 8.

In the last five years, Bharti Airtel shares have given investors more than 233% returns on their investment, and over 115% gains in the last three year period, as per the exchange data. The telecom company’s stock was down 3% in the last one year period.

So far in 2026, the telecom stock has lost 14%, and nearly 2% in the past one month. Bharti Airtel share price were trading 1.4% lower over the last five trading sessions on NSE.

The company’s market capitalisation (m-cap) was at over ₹10.95 lakh crore as of the stock market close on Tuesday, June 9, 2026.