French Postal Service Seeking Part-Privatisation
28 August 2008 - Franz Groter
French postal operator La Poste is finally making a move towards full liberalisation of the French postal market after it announced that it is considering partial privatisation.
Currently La Poste is state-owned and hopes to remain so, but with a requirement by the EU to be fully deregulated by 2011, selling off parts of La Poste ahead of full liberalisation would give La Poste a much needed boost to be able to compete with German and Dutch postal operators.
Most major European postal operators are required to be fully open to competition by 2011 with just under half of the 27 European countries granted an extension to 2013.
The first stage for La Poste will be a request to the French Government to partly free it from state-ownership to be able to initiate a sell off.
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