Deutsche Post 'watching' UPS German mail move

A spokesman for Deutsche Post World Net said the company isn’t concerned by the prospect of UPS offering some letter-delivery services in Germany later this year. “We’re watching closely and taking it seriously, but we’re not that concerned, ” Deutsche Post spokesman Uwe Bensien told Dow Jones. On Wednesday, U.S.-based UPS announced it would offer limited letter delivery to customers in Germany and some other European countries, starting in February. Bensien said mail is Deutsche Post’s key business, while it isn’t the core business of UPS, an express package specialist. “We’re set up for this and have the network and know-how,” he said. Deutsche Post’s monopoly on German domestic mail expires in 2007.