Mexican Postal Service to be overhauled

The Mexican Postal Service (Sepomex) and Mexico Telegraph (Telecom) over the next two years will be profoundly restructured, reported Mexico City daily Reforma. Costs will be reduced, the government subsidy will be eliminated, and the workforce will be reduced by 25 percent, with the goal of making the companies’ financially independent before 2005. Communications and Transport ministry transport chief Jorge Alvarez Hoth said the disorderly opening of these sectors led Sepomex last year to lose close to 600 million pesos, and Telecom to lose around 500 million pesos. The companies’ will eventually work toward an ISO classification in order to improve efficiency and work with international quality standards, said Hoth. Copyright 2002 Info Latina.
Reforma