German toll scheme ends in disarray
German toll scheme ends in disarray
Read MoreTag: Germany
Regulating postal markets- harmonised versus country-specific approaches
Programme of printed presentations, most presentations available in libruary electronically
Read MoreGermans aiming to join the great UK mail race
Postal wars are set to break out this year after German giant Deutsche Post said it is to launch plans to break up Royal Mail’s 300-year-old UK monopoly.
Dutch rival TPG, owner of the TNT courier group, is also certain to follow.
Deutsche Post has confirmed it is meeting Royal Mail within a fortnight over plans to enter the corporate mail market after Business Post, the UK courier group, unveiled such a deal earlier this week. “What information we have looks positive and encouraging,” said Deutsche Post UK director Tony Alsop.
He said that, assuming meetings with Royal Mail to gain access to its network are on the same favourable terms offered to Business Post, Deutsche Post could launch by the first quarter of 2005 or late this year. It aims to capture up to 5% of the GBP5 billion business market within three to five years.
Read MoreDeutsche Post chairman says PostBank worth ‘at least’ Eur 6 Bln
Deutsche Post World Net AG management board chairman Klaus Zumwinkel said the company’s Postbank unit, which is scheduled to be floated on the stock exchange in the autumn, is worth ‘at least 6 bln eur.’ Deutsche Post hopes to raise between 2.5-3 bln eur from the Postnet IPO.
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