Uzbekistan has invited Russian investors to take part in the privatization of the national post office Uzbekiston Pochtasi and Aloqa Bank, which specializes in providing loans to telecommunication companies, Abdulla Aripov, general director of the Uzbek Communication and Information Agency (UzACI), said at the opening of a meeting of CIS telecommunication authorities in Tashkent.
Read MoreThe online shop of Belgian postal service company De Post/La Poste has attracted over 500,000 visitors since its launch in May 2005, the company said on May 22, 2006. The visitors who made a purchase spent on average 130 euro (USD166) and 20 pct of them visited the online shop systematically. The most preferred items are stamps, philately products and postcards, which are delivered to the customers within two days. De Post/La Poste opened the online store on May 23, 2005.
Read MoreBulk Mailers’ Association chairman Rodney Brouard said that new Guernsey Post charges, sanctioned by the Office of Utility Regulation last week, could see island-based mail-order companies relocate to other more-affordable locations.
‘It is a very competitive market. The 17.5% VAT ‘loophole’ does not just apply to the Channel Islands, it applies anywhere outside Europe.’ The USA, China and Hong Kong are among the competitors. Brouard said that if bulk mailers pulled out of Guernsey, it would have a negative impact on the island economy. Guernsey Post, reacting to increased Royal Mail costs, is set to increase its bulk-mail tariff by up to 70% from August.
Germany’s Federal Network Agency has started to investigate if Deutsche Post World Net AG misused its dominant market position by offering lower prices in parcel deliveries to cut down competition, according to a prerelease of Die Welt’s Monday edition. It cited a spokeswoman for the Federal Network Agency as saying that the agency has received a letter from a competitor with a request to examine the prices of Deutsche Post. ‘And so we have started initial investigations,’ she added. The newspaper, citing sources, said the complaint was lodged by Hermes Logistik Gruppe.
Read MoreThousands of rural post offices are threatened with closure over the next five years as the Royal Mail transforms the network. The Government is providing the Royal Mail with Pounds 1.3 billion for a “radical transformation”, and Adam Crozier, its chief executive, said that the current situation -where a thousand post offices have fewer than six customers a day – was “not sustainable”. He said: “It’s clear that it can’t continue the way it is. The status quo is not possible.” More than 6,000 of the 8,000 rural post offices are understood to be losing money. The whole network, which has 14,500 branches, loses Pounds 2 million a week. Mr Crozier has said that he can meet his legal obligations with a network of just 4,000 offices.
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