Industry Data

Late payment in telecommunications

How the UK telecommunications sector compares on payment practices, based on official government data from 86 reporting companies.

Overview

The telecoms sector has some of the slowest average payment times in the UK. Large network operators and infrastructure companies often impose long payment terms on their suppliers and contractors, and the actual time to pay frequently exceeds those terms.

Key statistics

Avg. days to pay

53

UK median: 32

Invoices paid late

22%

UK average: 24%

Companies reporting

86

of 9,336 total

Telecommunications companies pay their suppliers in 53 days on average, which is 21 days slower than the UK median of 32 days. 22% of invoices in this sector are paid after the agreed terms.

Slowest payers in telecommunications

These are the telecommunications companies with the highest percentage of invoices paid after the agreed terms, based on their most recent government filing.

Advice for freelancers working in telecommunications

Telecoms companies are large and their accounts departments can be difficult to reach. Make sure you have a direct contact in their finance team, not just your project contact. If your invoices are being ignored, escalate early. The statutory interest calculator can help you work out what you are owed.

Frequently asked questions

Based on official government data, telecommunications companies take an average of 53 days to pay their suppliers. 22% of invoices in this sector are paid later than the agreed terms.

Data from the UK Government Payment Practices Reporting service. Published under the Open Government Licence v3.0. Industry classification and analysis by PennyFetch. This page is for informational purposes and does not constitute financial or legal advice.

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