Deutsche Post wants subsidies to maintain service to rural areas from 2007

Deutsche Post AG should receive subsidies from the Regulatory Agency for Telecommunications and Post (RegTP), to help it maintain a mail delivery service in rural areas after 2007, the Financial Times Deutschland cited Deutsche Post chief executive Klaus Zumwinkel as saying.

Deutsche Post is legally required to operate at least 12,000 post offices in Germany, and provide all residents with mail delivery services, but after 2007 it will not be required to maintain the network.

‘I can’t imagine that Deutsche Post would abandon complete coverage,’ Zumwinkel told the newspaper.

The newspaper said Deutsche Post has not yet worked out a way to provide mail service profitably in sparsely population regions, such as the State of Mecklenburg-Vorpommern.

amk/jfr

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Copyright AFX News Limited 2005. All rights reserved.

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