Do storms affect my phone signal?

Ever since a major storm knocked my power out for two hours, I've been getting horrible signal on my phone. I did run outside to the car, but it was light sprinkling, and it was huddled in my hand. I don't think I got it wet, because it worked normally during the black out, but during some times it wouldn't send, and it would have a little loading sign. Should I wait awhile before it starts working, or should I be majorly concerned?
 
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