Tag: Portugal

Collapse brings new intent for CTT Correios

After its intentions of a deal with La Poste fell through last year the Portugese postal service is to look to set up a partnership with TPG. The two posts have signed a letter of intent to explore a potential long-term strategic alliance, which will focus on domestic and international express delivery service both within and from Portugal.

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TPG signs letter of intent with CTT Correios

TNT Post Group NV (TPG) announced today the signing of a Letter of Intent with CTT Correios to explore a potential long term strategic alliance, which will mainly focus on domestic and international express delivery services within and from Portugal.

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Portugal state postal firm to sign deal with TNT

Portugal state postal firm to sign deal with TNT
LISBON, March 23 (Reuters) – State postal company CTT-Correios de Portugal has agreed a strategic partnership with the Dutch TNT Post Group NV (NYSE:TP – news) covering courier services and urgent mail, industry sources said on Friday.

Officials at both TNT and CTT declined to comment but the sources said the accord would be signed in Lisbon on Tuesday.

“TNT will become the international strategic partner that CTT was looking for,” said one of the sources.

CTT broke off alliance talks with French state postal company La Poste in February.

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