My most recent formal meeting with the Chairman and Chief Executive of An Post took place on 24 November 2016. We had a wide ranging discussion on the postal sector and, in particular, the challenges facing An Post in light of the acceleration of the trend in mail volume decline and the impact of the recent pay increase on the company financials.
In light of the challenges facing An Post, I have secured Government approval to bring forward legislation to provide for the repeal of section 30 of the Communications Regulation (Postal Services) Act 2011 in order to give An Post greater pricing freedom for mail products.
Last week An Post announced that it was undertaking a major strategic review which will consider the scale, scope and structure of the company for the long term, taking into account major technology and market shifts. An Post expects this review will be completed by May 2017.
Both I and my Department will continue to maintain ongoing communication with An Post and further meetings with the Chairperson and Chief Executive will be arranged as required.