La Poste (France)
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| Public limited company | |
| Industry | Postal services, courier |
| Founded | 1991 |
| Headquarters | 9 rue du Colonel Pierre Avia, 75015 Paris, France |
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Area served
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France / Monaco / Andorra |
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Key people
|
Philippe Wahl (CEO) |
| Services | Letter post, parcel service, banking, insurance, mobile network operator |
| Revenue | €22,163 million (2014) |
| €719 million (2014) | |
| £513 million (2014) | |
| Owner |
French government (73.7%) Caisse des dépôts (26.3%) |
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Number of employees
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257,891 (2014) |
| Parent | Groupe La Poste |
| Subsidiaries | La Poste Geopost La Banque postale La Poste mobile |
| Website | www |
La Poste is a postal service company in France, operating in Metropolitan France as well as in the five French overseas departments and the overseas collectivity of Saint Pierre and Miquelon. Because of bilateral agreements, La Poste also has the responsibility of mail services in Monaco through La Poste Monaco and in Andorra alongside the Spanish company Correos.
The company was created in 1991 following the split of the French PTT, a government department responsible for mail, telegraph and telephone services in France. The PTT, founded in 1879, were then divided between La Poste, which became responsible for postal service, and France Télécom (nowadays Orange) for the telecommunication services. France Télécom was immediately privatised but La Poste has remained a public company. However, because of EU directives requiring member states to introduce competition in their postal service, the French government allowed private postal service companies in 2005 and transformed La Poste into a public-owned company limited by shares in 2010. Following the examples of Royal Mail in the United Kingdom or Poste italiane in Italy, the French government might sell its shares and float them on the stock exchange in the near future.
La Poste is a parent company of the Groupe La Poste, which also comprises a bank and insurance company (La Banque postale), a logistics service company (Geopost) and a mobile network operator (La Poste Mobile). Although its postal activities are declining because of the development of the Internet, they still represented half of the company's income. Other activities, such as parcel delivery and banking, are on the rise. The two represented respectively a quarter of the company's income in 2014.
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Wikipedia