P&TLuxembourg
Encyclopedia
Entreprise des Postes et Télécommunications, branded as P&T Luxembourg and abbreviated to P&T, is a mail
Mail
Mail, or post, is a system for transporting letters and other tangible objects: written documents, typically enclosed in envelopes, and also small packages are delivered to destinations around the world. Anything sent through the postal system is called mail or post.In principle, a postal service...

 and telecommunications government-owned corporation
Government-owned corporation
A government-owned corporation, state-owned company, state-owned entity, state enterprise, publicly owned corporation, government business enterprise, or parastatal is a legal entity created by a government to undertake commercial activities on behalf of an owner government...

 based in Luxembourg
Luxembourg
Luxembourg , officially the Grand Duchy of Luxembourg , is a landlocked country in western Europe, bordered by Belgium, France, and Germany. It has two principal regions: the Oesling in the North as part of the Ardennes massif, and the Gutland in the south...

. It also sells financial services
Financial services
Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...

 and holds a monopoly on issuing postage stamps in the Grand Duchy.

It comes under the remit of the Minister for Communications, who reports to the Prime Minister in the latter's capacity as Minister of State
Minister of State
Minister of State is a title borne by politicians or officials in certain countries governed under a parliamentary system. In some countries a "minister of state" is a junior minister, who is assigned to assist a specific cabinet minister...

.

P&T owns shares in twelve other companies, including controlling stakes in eBRC (93.4%), LuxGSM
LuxGSM
LuxGSM S.A. is a Luxembourgian mobile phone network operator. It has 250,000 subscribers, making it the largest network in Luxembourg. From 2004 until 2009, LuxGSM was the national partner of Vodafone, and its customers had access to Vodafone's network whilst roaming...

 (85%), Michel Greco (60%), Infomail (55%), Editus (51%), Visual Online (51%), Netcore (51%), P&T Consulting (50.93%).
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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