SkyPostal Networks Inc. (SKPN.OB) Be French-bound?
SkyPostal Networks Incorporated is one of the leading private mail networks in the Latin America – Caribbean region. Thanks to a recently signed strategic marketing agreement with DHL global mail, SkyPostal has now expanded its services into Europe. This move creates a lot of potential new-market share for SkyPostal, since an estimated 35% of US international mail is bound for Europe. On the heels of the announcement of the agreement with DHL, the French government announced earlier this week that they are openly considering partial postal privatization. The privatization of La Poste could raise an estimated $2-3 billion euros for…