(Editor's note: Two sentences have been added to this article at the end of the section entitled "European Postal Companies Tap the Capital Markets." A corrected version of the article follows.) Postal operators in Europe are facing the transition from operating as monopoly services to competing in more liberalized markets, while those in Australia and New Zealand have done so successfully for quite some time. The liberalization of the postal market, which is in various stages of development worldwide, poses a potential threat to incumbent postal operators. Many postal operators rated by Standard & Poor's, however, are embracing the opportunities that free competition holds for them, in particular by expanding outside their home postal delivery markets. Furthermore, they are looking...
Companies mentioned in this report are:
- La Poste
- Air New Zealand Ltd. (Unsolicited Ratings)
- Australian Postal Corp.
- New Zealand Post Ltd.
- PostNL N.V.
- Poste Italiane Group
- Kiwibank Ltd.
- Deutsche Post AG
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