Tag: Europe

French Regulator ART changes name to Arcep

French telecommunications regulator ART has changed its name to Arcep (L’Autorite de Regulation des Communications Electroniques et des Postes), to take account of the French postal and electronic communications sector, it was reported on May 31, 2005. The name change has been planned since the beginning of 2005, but the new name was unveiled recently. Arcep (www.arcep.fr) was set up to regulate the liberalised postal and electronic communications sector.

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Dutch TNT Reiterates 2005 Outlook

TNT NV, former TPG NV, has reiterated the earlier announced outlook for the company’s performance in 2005 at a press conference held on May 30, 2005.
TNT expects a one-digit year-on-year increase in turnover of its Express unit in 2005. The Post and Logistics units are expected to report unchanged year-on-year results for 2005. Chief executive officer (CEO) of TNT, Peter Bakker said he had confidence in achieving the targets set for 2005. According to the CEO, TNT will announce a number of cooperation agreements with Chinese companies in 2005. TNT continues looking for strategic options within Europe, Bakker concluded.

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UK Royal Mail tests water on rural cost-cutting plan

Royal Mail is lobbying politicians on its cost-cutting plans to head off the prospect of a mass closure of rural post offices. Chief executive Adam Crozier has begun negotiations with government on the future of the GBP 150m-a-year subsidy which keeps the rural network afloat. He has warned that if the funding is stopped when the current package runs out in 2008 he will be forced to close 80% of the UK’s 8,000 rural post offices. To slash the running costs, Crozier is proposing to replace some rural outlets with mobile post offices, while other small post offices will be merged. The talks come amid a row at Whitehall over who should fund the rural subsidy, with the Department of Trade and Industry trying to pass the burden to the Department of Environment Food and Rural Affairs.

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UK to have national address register

Britain is to have its first national address register to improve service delivery across the public and private sectors, the government announced on Friday.

Inaccurate addresses can disrupt business deliveries, emergency response times and the collection of council tax. In the past, such problems have been viewed as modest or isolated and often resolved by the local knowledge of a postman or council worker.

But as computers and technology are increasingly used, small discrepancies in an address, irrelevant to a person, can lead to problems. A national call centre dependent on a database cannot know each locality, for example.

The aspirations for e-government, the introduction of electronic conveyancing, ID cards, offender tracking and a fraud free electoral system would all founder, if there was no recognisable address for each home.

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German govt pension fund for Telekom and Post workers needs capital

The German government’s pension fund for former Deutsche Post AG and Deutsche Telekom AG employees will run out of money next month, Spiegel magazine reported in an unsourced pre-release from Sunday’s edition. As a result of the shortfall, Finance Minister Hans Eichel will transfer funds raised through taxes to cover the pension obligations, the magazine wrote. Originally, Eichel wanted to raise 5.5 bln eur through a sale of pension fund receivables and use these monies in 2005 to pay the former Telekom and Post employees. However, Spiegel wrote that Morgan Stanley, whom the government contracted to organize the sale, has not yet come up with a plan for it.

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