Deutsche Post to provide postal services only to private clients from 2008
Deutsche Post AG will only provide basic postal services to private clients when markets open up and it loses its monopoly by end-2007, CEO Klaus Zumwinkel said in an interview with Frankfurter Allgemeine Zeitung.
‘We consider providing services to all parts of the country makes sense only for private customers. The big companies do not need that,’ he said.
He indicated that the cost of servicing the needs of all private customers throughout the country would require higher prices.
‘But there is still the question of who will bear these costs of providing basic services for private customers…One possibility would be for example financing it through price regulation, which could also exist,’ he said.
‘If we assume that the market will continue to be regulated, then I would say: ‘This regulation for private customers should be as small as possible…,” he added.
mog/bam
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