TNT Logistics/Telecom Italia deal signed
05 March 2003 - 09:41 CET
After receiving the approval of the Italian Competition Authority and completing union consultation procedures, mail, express and logistics company TPG N.V., through its TNT Logistics Italia business unit, and Telecom Italia have announced an outsourcing logistics agreement. The three-year contract is worth around EUR 120 million.TNT Logistics is taking over the running of Telecom Customer (business and private) fixed-line telephony product warehousing and distribution, as well as Telecom network support and installation.
Under the agreement Telecom Italia is transferring the company unit that undertakes these operations to TNT Logistics Italia. The transfer involves 338 employees, working on 75,000 sq m of leased premises at 6 central warehouses and 100 outlying storage facilities located in Italy's main cities, handling in excess of 4.5 million telephones and telephone installation items per year.
As one of the largest logistics outsourcing agreements of recent years in Italy, this is a clear example of a partnership oriented towards strengthening the core businesses of both companies involved while achieving new standards of service quality.
The arrangement enables Telecom Italia to make its Customer service even more efficient; TNT Logistics, meanwhile, reconfirms its domestic leadership in the Italian telecommunications logistics market.
Roberto Rossi, Group Managing Director of TNT Logistics, says: "This deal proves that TNT Logistics is the leading logistics company in the Italian telecoms sector. We are building on our contract wins with many of the leading Italian and international telecoms companies in the country. TNT Logistics also has an increasingly strong presence in the rest of Europe for its telecoms activities."
