Today’s headline story: Deutsche Post denies it has plans to stop delivering letters
Deutsche Post has denied claims made in a Die Welt report that the company was looking into scrapping its letter delivery service.
In the aforementioned article, published on Tuesday, it was claimed that Deutsche Post was planning to withdraw from its universal service.
As a provider of this universal service, Deutsche Post is obliged to deliver everywhere in Germany. However, by providing such as service, the company need not pay sales tax on revenue made from the delivery of both letters and parcels.
If Deutsche Post were to abandon its universal service, the state would need to find an alternative suitor. It is feared that this could see costs rise, while it is unclear which private operators would be both interested and able to carry out such a service.
Deutsche Post has nonetheless denied the claims.
According to a company statement cited by Market Screener, Deutsche Post says it intends to continue delivering letters and parcels throughout Germany. It has no plans to withdraw from the so-called universal service and wants to “continue to make this important contribution to the basic service”.
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