Brief: CTT: Government To Reassess Scope Of Postal Service Needs In Portugal

CTT - Correios de Portugal SA

19/02/2021 08:34

Feb 19 (Reuters) - CTT  CTT.LS :  
    * SAID ON THURSDAY WAS INFORMED BY SECRETARY OF STATE
ASSISTANT
AND OF COMMUNICATIONS THAT IT CREATES WORKING GROUP TO ANALYSE
POSTAL ACT AND POSTAL SERVICE NEEDS IN PORTUGAL
    * SAYS POSTAL SERVICE HAS BEEN PRESSURED BY DECLINE OF
POSTAL
VOLUMES IN FAVOUR OF DIGITAL COMMUNICATIONS AND BY FALLING
DEMAND CAUSED BY PANDEMIC
    * SAYS DEFINITION OF RULES RELATING TO FUTURE CONCESSION
AGREEMENT
REQUIRES ASSESSMENT AND POSSIBLY INTRODUCTION OF ADJUSTMENTS ON
OBLIGATIONS OF CONCESSIONAIRE AND CONTENT OF SERVICE
    * SAYS PURSUANT TO POSTAL ACT, STRUCTURAL AND CYCLICAL
PRESSURES
MAKE IT NECESSARY, WHEN DEFINING RULES OF FUTURE CONCESSION
AGREEMENT, TO REASSESS ITS SCOPE, REQUIRED QUALITY LEVELS AND
THE WAY PRICES ARE SET
    * SAYS WORKING GROUP WILL CONSIST OF SECRETARY OF STATE
ASSISTANT
AND OF COMMUNICATIONS AND A REPRESENTATIVE OF MINISTRY OF
FINANCE AND WILL COMPLETE ITS WORK WITHIN UP TO 60 DAYS

    
 Source text : https://bit.ly/3qAVPMj
    
 Further company coverage:  CTT.LS  
   
    

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