DHL signs with O2

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DHL parent company Deutsche Post World Net has signed a 350 million euro five-year pan-European telecoms services agreement with Telefónica, which it hopes will result in a 150 million euro saving over the period.

The service will be delivered by Telefónica in Spain, its O2 businesses in UK, Ireland, Czech Republic and Slovakia as well as new operations and partnerships in 23 other western European countries.

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