Poles’ debt to telecom up by 40% y/y in first half of 2020

The debt of Poles towards telecom companies amounted to PLN 899 million in the first half of the year, which means an increase of 40 percent year-on-year, KRD Economic Information Bureau says.

According to the KRD survey “How Poles use the telephone and the Internet during the pandemic,” after the outbreak of the coronavirus, over half (56.5 percent) admitted that they use the phone more often and spend more time on the Internet (54.3 percent).

“We perceive it as a disturbing signal that indicates that in times of crisis we have more problems paying for basic services such as telephone bills or paying installments for electronic equipment bought from the operator,” Adam Łącki, head of KRD, says.

The number of debtors increased compared to the first half of 2019 by 22 percent, and the average debt increased from PLN 2,778.14 to PLN 3,190.87, i.e. by 15 percent year-on-year.

(ISBnews)