Tag: Mail Services

Swiss Post International market activities stepped up in Italy and Sweden

Swiss Post International (SPI), the international arm of Swiss Post, is further
expanding its business activities. In Italy SPI has completed a takeover of Porta a Porta S.p.A, including its wholly owned subsidiary, the Italian logistics company Servizi Distribuzione e Logistica S.r.l. (SDL). In addition, SPI will become the logistics partner of HSE (Home Shopping Europe), the Italian teleshopping provider. Boosting its activities in the Italian market enables SPI to reinforce its presence in the business-to-consumer segment and to offer customers a comprehensive range of services in the areas of storage, logistics and delivery, as well as in cross-border mail and goods traffic. At the same time, SPI has acquired ownership of Mail & Logistics in Sweden, its former franchise partner, and is now represented in Scandinavia by its own subsidiary.

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Japanese government eyes no restrictions on foreign stake in 3 postal entities

The government has decided not to impose restrictions on foreign ownership of three entities to be created following the privatization of Japan Post, government sources said Sunday.

The decision reflects the government’s resolve to ensure the market mechanism works at the privatized companies, the sources said, adding equity restrictions on these entities would trigger a backlash from foreign investors eyeing the privatized Japan Post business in Japan.

Under a 10-year privatization plan starting in April 2007, Japan Post is to be divided into four entities, mail delivery, postal savings, life insurance and post office management, all to be run under a holding company.

The government is not considering any equity restrictions aimed at foreigners for the entities in charge of postal savings, insurance and the holding company, the sources said.

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Deutsche Post shows interest in Japanese postal service

German postal service Deutsche Post is showing an interest in its Japanese counterpart Yubin which is set for privatization in 2007, a report to appear Monday said.

Focus weekly news magazine said Deutsche Post chief executive Klaus Zumwinkel is heading for talks this week with Japanese Prime Minister Junichiro Koizumi.

According to the report, Zumwinkel will be expressing Deutsche Post’s interest and outlining Germany’s experience with privatization. Deutsche Post is also negotiating a possible cooperation agreement with Yubin.

Last week, Zumwinkel said Deutsche Post would this year continue its strategy of expanding internationally in preparation for the loss of a monopoly on mail delivery at the end of 2007.

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Post Office’s branch lines: Expansion of services is a counter revolution

IF YOU think that the Post Office is just a place to buy stamps or pick up a form to renew your passport, you haven’t been in for a while. From the array of financial services now on offer you could be forgiven for thinking that the Post Office has turned into a bank, and with the launch of its new telephone landline service last week, it is assuming the role of a utility provider too.
It is only a little over two decades since the Post Office lost control of the bulk of the supply of phone services in Britain, when Margaret Thatcher split telecoms off from the high street and mail side of the business in 1981, and subsequently privatised the newly named British Telecom. Now the Post Office has returned to the telecoms market with its Homephone service, which it says it hopes will take a million of BT’s 21 million customers over the next three years, by undercutting its charges by up to 20 per cent. As the controversy rages over branch closures – and there are more on the way – the Post Office, which is seen as being at the forefront in providing financial services for the ‘unbanked’, is pulling out all the stops to find a new role.

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Deutsche Post CEO to start talks over Japanese govt’s mail company

Deutsche Post World Net AG is interested in Japan’s state-owned mail service Yubin, which the Japanese government is set to sell into private hands in 2007, Focus magazine said in a report to be published tomorrow, citing no sources.
The magazine said Deutsche Post’s chief executive Klaus Zumwinkel is traveling to Japan to initialise talks with Prime Minister Junichiro Koizumi at the beginning of next week. It also said Deutsche Post is already in talks with Yubin over a possible cooperation.

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