TNT Post wins largest contract since deregulation of the postal network
Three year, € 134 million (£ 90 million) contract, awarded by BT
BT, the leading provider of communications solutions in the UK, has awarded TNT Post the largest postal contract since deregulation of the service in 2004. The contract will see TNT Post handle over 170 million items annually of predominately transactional mail; bills and statements, with final mile delivery through the Royal Mail. The three year € 134 million (£ 90 million) deal reinforces TNT Post’s position in the postal market.
The deal will see BT use TNT Post’s Premier service, a two day time definite service for pre-sorted mail with Royal Mail continuing to carry out the final sort and delivery to customers’ homes nationwide. The service offers valuable benefits to both BT and its 25 million customers in the UK such as:
- Flexible pick up times
- Use of tracking systems that enable improved visibility and management
- Fast and reliable 2 day service.
Gary Parker from BT’s Procurement and Supply Chain said:
“BT is pleased to be in a position to award this business to TNT Post. Their offer on price and service delivers significant benefits for BT and its Customers. We have also been impressed by the plans that TNT Post have in place for development and expansion of their services in the UK.”
Nick Wells, CEO TNT Post UK, said:
Thanks to BT, this award of the biggest contract to date in the deregulated postal market to TNT Post is affirmation as our position as the main challenger to Royal Mail. We have the right product, at the right price with the right team. That is why our clients win by choosing TNT Post."
TNT Post has to date secured a number of significant clients wins in the telecommunications market including T-Mobile and Virgin Mobile.
