An Post faces €12m fine over failure to hit targets

An Post is facing a fine of up to €12 million for its failure to reach delivery targets set by the communications regulator, ComReg.

In 2004, ComReg told An Post it had to achieve a next-day delivery standard of 94% for single piece priority mail delivered within the State.

However, seven years later, An Post was nowhere near that target. By the third quarter of 2011, it had only achieved 84% next day delivery.