UK Mail signs Heads of Terms with the Royal Mail
Business Post, the fast-growing express delivery company, is pleased to announce that its subsidiary, UK Mail Ltd, has signed Heads of Terms with the Royal Mail for access to Royal Mail’s local sorting and final delivery network.
The terms envisaged, which are confidential, are in a similar format to those of the proposed determination of 19 May 2003 by Postcomm, the independent postal industry regulator. Detailed terms remain subject to contract, which it is intended will be signed in January 2004.
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