Tag: Spain

Post Office Networks Abroad

Publication by Postcomm covering:
ownership/profitability, access to post offices, network strategy, provision in urban deprived & rural areas, opening, services, financial services, government services, other services
P:LibraryPostalPostComm Formal DocumentsPost Office_networks_abroad_exec_summary_2005_update.pdf

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Telefonica, Moviles win 74.3 mln eur contract from Spain’s Correos

Telefonica SA and Telefonica Moviles SA have won a contract worth 74.3 mln eur from Spain’s state-owned postal operator Correos y Telegrafos to modernize and manage the company’s telephone and internet system, El Pais reported, without citing a source.

The two companies will take 8 months to install the new system which they will manage for four years, the newspaper said.

Of the total investment, 60.4 mln eur will be earmarked for data, voice and internet services while the rest will be for the mobile telephony contract.

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TNT to acquire leading Spanish domestic express distribution company TG+

TNT today announced that its Express Division will acquire TG+, a leading Spanish domestic distribution company, subject to regulatory approval. The proposed acquisition of TG+ will expand and strengthen TNT’s domestic express business and fuel its international express business in Spain, a strategic market in Europe with high growth potential. At the same time, TG+ will further drive growth of TNT’s leading position in the premium express delivery market in Europe by providing better coverage in this key market. TG+ is the third industrial parcel operator in Spain with revenues of around EUR120 million split between its own operations (EUR100 million) and dedicated agents.

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Madrid looks to reform state postal contracts

The Spanish government is looking to shake up the national postal market and reduce the dominance of Correos y Telegrafos, the public operator. Correos controls 93 per cent of what is ostensibly a deregulated market and has exclusive contracts to provide postal services to the state, its single biggest client, which accounts for 20.5 per cent of Correos’ annual turnover of more than 1.7bn euros. These contracts should actually be put out to tender on a cost and merit basis, the government has decided.

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