Payment delays due to the pandemic putting Peru's telcos under pressure

摘要

While Peru has been proactive against the pandemic, the economic cost has been high. The country's GDP declined by 40% in April 2020 due to lockdown measures and the state of emergency has had an economic impact on the telecommunications sector through the significant increase in delinquency in payment of services, affecting operators' sustainability and continuity. According to August indicators, GDP growth continues on a downward trend, far from the levels of 2019. The unemployment situation and the fall in household income are reflected in high levels of non-payment for telecommunication services. However, despite widespread non-payment, the demand for telecommunication services has increased significantly during quarantine, with some operators witnessing a 60% increase in data traffic since lockdown.