Postcomm has issued a long term licence to Deutsche Post Global Mail (UK) Ltd to provide bulk mail, consolidation and enhanced document exchange services in the UK.
Deutsche Post currently holds a short-term interim postal licence for similar services. This will be revoked by consent. The new licence will last a minimum of seven years.
Read MoreDeutsche Post, the German postal service, has been criticised by the German association for telecommunications and post (DVPT). The association claims that the company’s monopoly on postal services for low-weight letters, which is due to continue until the end of 2007, will not allow significant competition on the market.
Read MoreDeutsche Post revenues over €40 billion
Read MoreDeutsche Post is considering a push into the US market to boost growth at Europe’s largest postal group. The company’s strengths have hitherto lain in Europe and in the increasingly competitive Asian airfreight market, through its DHL operation. Deutsche Post had little presence in the US until last year’s USD1bn purchase of Airborne Express, which provided it with a ground operation to complement DHL’s airfreight business. “The internationalisation of our mail business is not imaginable without the US market”, said Klaus Knappik, head of Deutsche Post’s international mail division.
Read MoreIn a bid to challenge United Parcel Service and FedEx Corp. as the world’s top provider of express and logistics services, Deutsche Post World Net said it will merge its international and domestic parcel delivery, express and logistics operations under the DHL brand in a USD 785 million restructuring that also aims to boost earnings by 40 percent by 2005. Klaus Zumwinkel, chief executive, on Thursday said the program was the “logical conclusion” to its recent multi-billion dollar strategy to establish a European express business and build a global logistics network. “This is the decisive step towards making Deutsche Post World Net the global number one logistics provider,” the partially privatized company said in a statement.
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