Jersey Post Comments on JCRA's Licencing of Class 1 Postal Operators

Jersey Post would like to make the following statement by way of a reaction to the decision by the Jersey Competition Regulatory Authority (JCRA) to issue a draft Licence to Regency Holdings Ltd.

Jersey Post’s Chief Executive, John Pinel, commented: “Jersey Post operates in a competitive market for at least 50% of its services and we fully recognise the benefits efficient and appropriate competition can bring to consumers. Regency have been providing certain types of business mail, and catalogue delivery services in Jersey since 2007, and this Licence formalises that position. Our short listing for the World Mail Awards is evidence of the quality of services that Jersey Post provides to Islanders, and we will be working hard to maintain those standards irrespective of the level and nature of competition. It is obviously essential that Jersey Post does compete effectively in areas such as bulk mail, business mail and e-commerce related services as the revenue it generates there allows it to support “essential” core business services like the Sub-Post Office network, which runs at a considerable loss”.

Jersey Post would like to make the following statement by way of a reaction to the decision by the Jersey Competition Regulatory Authority (JCRA) to issue a draft Licence to Regency Holdings Ltd.

Jersey Post’s Chief Executive, John Pinel, commented: “Jersey Post operates in a competitive market for at least 50% of its services and we fully recognise the benefits efficient and appropriate competition can bring to consumers. Regency have been providing certain types of business mail, and catalogue delivery services in Jersey since 2007, and this Licence formalises that position. Our short listing for the World Mail Awards is evidence of the quality of services that Jersey Post provides to Islanders, and we will be working hard to maintain those standards irrespective of the level and nature of competition. It is obviously essential that Jersey Post does compete effectively in areas such as bulk mail, business mail and e-commerce related services as the revenue it generates there allows it to support “essential” core business services like the Sub-Post Office network, which runs at a considerable loss”.

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