Tag: UK

An Post mobile top-up divisions sold for EUR85m

Posted by | Mar 18, 2005 | |

An Post has sold two international subsidiaries, which provide top-up services to mobile phone users, for EUR85 million.

Irish electronic payments group Alphyra bought the companies, which are called PostTS UK and PostTS Spain. It said yesterday’s transaction consolidated its position as the biggest independent payments operator in Europe.

The deal represents a good return for An Post, which said it had invested about EUR16 million in the firms since it bought them from the Caudwell Group in 2002.

An Post said in a statement that the sale of the two international divisions was part of its overall recovery strategy, which may see 2,000 jobs go at the firm.

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Pitney Bowes applauds introduction of postal reform legislation

Posted by | Mar 18, 2005 | |

Pitney Bowes applauded the introduction of new postal reform legislation by Chairman Susan Collins and Senator Tom Carper, the Committee Democrat who has taken the lead on postal reform issues.

“With the introduction of Senate legislation, we move one step closer to delivering real postal reform that ensures our postal system will be the most efficient and effective that it can be,” said Michael J. Critelli, chairman and CEO of Pitney Bowes. “Having the best Postal Service possible will help everyone who mails — individuals and families for personal correspondence, small businesses that send a few letters and packages a month, and large volume commercial mailers. All of them drive the USD900 billion postal service industry.”

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Escher Group welcomes Elmar Toime as consultant

Posted by | Mar 18, 2005 | |

Escher Group, Ltd., a leading provider of counter automation and business applications to the postal industry, announced today that it has retained the services of Elmar Toime, former deputy chairman of Royal Mail Group and chief executive of New Zealand Post, to identify new business opportunities and develop and promote strategic solutions for customers worldwide. “Elmar Toime is revered by the industry and we are extremely pleased to be working with him,” said Michael Murphy, president and CEO of Escher Group. “Our expertise in providing advanced technologies and business solutions to the postal market combined with Elmar’s extensive industry experience make this a winning relationship for our customers.”

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UK Postcomm proposes new codes of practice for a competitive market

Posted by | Mar 18, 2005 | |

Postcomm today began consulting on a number of measures to ensure the fully competitive multi-operator postal market, which comes into effect next January, will operate smoothly and efficiently. Postcomm’s proposals involve all licensed operators meeting common standards to safeguard the mail in their charge from theft, damage or interference. Separately, Postcomm is proposing common operating procedures to ensure such things as letters marked “return to sender” and customer service enquiries are handled by the appropriate operator.
Nigel Stapleton, chairman of Postcomm said: “Customer confidence is an essential pre-requisite for a competitive postal market. In preparation for full market opening Postcomm is today issuing two consultation documents – on mail integrity and on common operating procedures — which we believe will secure that confidence.”

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CEO of UK’s BT Group Elected to UPS Board

Posted by | Mar 17, 2005 | |

The Board of Directors of UPS today announced it had elected the chief executive of BT Group plc, Ben Verwaayen, as a new independent non-executive director of the company. Verwaayen, 53, will serve the balance of a term that expires in May of this year and will stand for re-election at the UPS annual shareowners meeting on May 5. “We are excited to add to our board an executive who brings such a strong international perspective,” said Mike Eskew, chairman and CEO of UPS. “We also will benefit greatly from Ben’s knowledge and experience in telecommunications and technology.”

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