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Holger Winklbauer Resumes as New IPC CEO

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Holger Winklbauer has resumed work as the new chief executive officer of the International Postal Corporation (IPC).

Winklbauer was appointed CEO of IPC as of 1 August 2016, the Corporation announced via its website. A general manager with experience in logistics and the postal industry, strategy development, change management and consulting, Winklbauer aims to build upon IPC’s achievements to develop the company for the future.

Prior to joining IPC, Winklbauer was Head of Process and Financial Efficiency at DHL Global Forwarding, responsible for cross-country stabilisation of the New Forwarding Environment live countries.

In this position, which he held from September 2014 until June 2016, he focused on ensuring master and transaction data quality, reducing invoicing backlogs, increasing P&L accuracy and improving profitability across countries by improving processes and functionality.

Winklbauer has extensive experience within the Deutsche Post DHL Group, having served as CEO of DHL Global Forwarding Netherlands from 2010 until 2014 and as Executive Vice President First Choice from 2007 until 2010.

Prior to his functions at Deutsche Post DHL, Holger Winklbauer worked as Managing Director at DHL Consulting serving all divisions: PeP (Post, e-commerce & Parcel), Express, Global Forwarding, Freight and Supply Chain.

He also worked in logistics management at Metro MGL Logistik GmbH, Düsseldorf, in consulting at Research Institute for Operations Management (FIR), Aachen and in procurement at Mannesmann Anlagenbau AG, Düsseldorf. He studied electrical engineering and applied economics in RWTH Aachen University. He also followed the executive programmes at the Wharton School of the University of Pennsylvania.

Winklbauer was honoured with the International Quality & Productivity Centre Award in the category “Best Process Improvement Program” in 2010 and with the European Excellence Award in the category “Change Communication” in 2007.

Writing his first epistle to IPC members in the August e-newsletter, the new CEO said, “I am pleased to use this first edition of YourIPC after the summer break to address you in my new role. After many years in the logistics and postal industry, I am delighted to take the leadership of this truly international team, committed to support posts in embracing change in such a critical time.

“My ambition is to extend the already comprehensive list of IPC’s successes and to bring the company to the next level in order to better serve our members and customers’ needs in dealing with the challenges of an evolving global market. The speed and dynamics of the market have increased considerably, requiring a swift response from the postal sector.

Winklbauer said that e-Commerce will continue to experience a double-digit growth, representing major opportunities for posts.

“I am convinced that IPC can play an important role to allow posts to further boost parcel volumes, especially cross-border, through a greater interconnection of postal networks. It is my belief that one of the main obstacles preventing customers from buying online cross-border is the lack of trust. Posts are highly trusted brands on the domestic markets and by putting these trusts together, we can overcome this obstacle. Interconnect is a first step into that direction.

“The new IPC Data Hub, through which data is captured, stored and exchanged, is a major achievement that is allowing us to move from reporting to real-time data, in order to offer customers an end to end view. In the future, it will also enable us to move to forecasting. The Data Hub is quickly becoming the backbone of IPC solutions.

“My goal is to reinforce IPC as a think tank for the postal industry, through our market intelligence and consumer research, and to also offer a platform for our members to initiate synergies. Together, I am confident we will contribute to the successful transformation of the postal industry”.


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NCC Threatens Illegal Users of GSM Boosters with Arrest, Prosecution

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Nigerian Communication Commission (NCC) has warned telecom consumers to desist from using illegal GSM boosters.

NCC Threatens Illegal Users of GSM Boosters with Arrest, Prosecution

The commission also said that anyone caught using a GSM booster without obtaining approval of a duly licensed network operator will face arrest and prosecution.

GSM boosters are devices that transmit and receive telecommunications signals and can therefore interfere with other radio frequency equipment.

Ikechukwu Adinde, director, public affairs, NCC, said in a notice published on NCC website, that only licensed network operators are allowed to use GSM boosters.

The booster, also known as amplifier or repeater is made up of three main elements – exterior antenna, amplifier, and interior antenna.

They form a wireless system to boost cellular reception

“Members of the public should note that, willful interference with any wireless telegraphy is an offence under Section 16 of the Telegraphy Act, 2004,”it said

The agency said it will not condone any flagrant breach of this law.

It has also enforced measures to prosecute offenders.

Accordingly, monitoring mechanisms have been put in place and anyone caught using a GSM booster without obtaining approval of a duly licensed network operator will face arrest and prosecution.

“Any member of the public with useful information regarding the illegal use of GSM Boosters should contact the Commission on 09-4617000/7351 or send an email to [email protected],” the notice said.

“Individuals desirous of using GSM Boosters should note that they can only do so in conjunction with licensed network operators,” it added.

 

 


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Tizeti Selects Nokia to Provide LTE Fixed Wireless Access Solution for High-Speed internet Services in Nigeria

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Tizeti announced that it selected Nokia’s Fastmile Long Term Evolution (LTE) technology to enable usprovide superior internet services to over 1 Million subscribers in Port Harcourt, Edo and Ogun in Nigeria.

Tizeti Selects Nokia to Provide LTE Fixed Wireless Access Solution for High-Speed internet Services in Nigeria

Tizeti will deploy Nokia’s AirScale Base Station TDD-LTE and FastmileFixed Wireless Access (FWA) gatewaysto deliver premium internet and Virtual Private Network (VPN) services to Residential, Small and Medium Enterprises (SMEs).

The solution will also enable Tizeti’sto deliver a more robust, high-speedinternet service to subscribers and the flexibility to seamlessly evolve to 5G Fixed Wireless Access when needed.

Nokia’s FWA solution enables Tizeti to fast-track broadband access and provide a best-in-class broadband experience to its subscribers.

Nokia’sAirScale Base Stations ensure high-quality connectivity and coverage and enablesTizeti to evolve the network in line with customer demand.

Nokia’sFastmilegateways connect wirelessly to the existing network to createa fastbroadband connection and enhanced Wi-Fi experience in the home.

The Nokia Network Services Platform will help Tizeti to simplify operations and quickly respond to changing market demands.

Kendall Ananyi, Tizeti, said:“We are committed to providing the best-in-class network experience to our subscribers. We are confident that Nokia’s proven technology and expertise will help us differentiate our services based on quality. This a crucial project for us as it introduces LTE in our networks and allows us to bring new and innovative services to our subscribers.”

Eniola Balogun, Nokia, said:“We are thrilled to work with Tizeti on the initiative to upgrade their network to bring the latest products and services to its subscribers. Nokia Fastmile will help Tizeti to cost-effectively enhance the customer experience.

The project will also enable them to delight their subscribers by providing more reliable data services.

On the other hand, Tizeti will benefit by adding new revenue streams.”

 

 


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Risk Assets Push Higher on Vaccine Hopes; Eyes on the Fed

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By Hussein Sayed, Chief Market Strategist at FXTM,

After two consecutive weeks of back-to-back declines, global stocks kicked off Monday with solid gains amid a surge in M&A activity and positive signs towards vaccine developments. Currency markets were little changed ahead of a busy week of monetary policy announcements, while Oil and Gold ticked slightly higher.

The two big deals announced over the weekend were Softbank’s plan to sell chipmaker ARM to Nvidia for more than $40 billion and Gilead Sciences to acquire Immunomedics for a price tag of $21 billion. Meanwhile, on the vaccine front, AstraZeneca resumed its phase-3 trial on Covid-19 after being suspended last week following a neurological illness developed in one participant, and Pfizer announced that its vaccine could be distributed before year-end if found safe and effective.

 

Central Banks will take centre stage this week with the Federal Reserve, Bank of England and Bank of Japan all due to announce policy decisions. Out of the three meetings, the Fed is likely to be the most watched following its historic shift towards average inflation targeting. The big question remains how will the FOMC put this policy into action?

 

From what we know now, the Fed is set up to keep interest rates near zero for a long time, possibly for several years. Given the new framework, any spike in inflation won’t translate into immediate rate hikes as the Fed wants to compensate for the lost years when they have failed to hit the target. The dot plot will be the key guide for investors and traders alike. If inflation projections remain at 2% or below for the foreseeable future, this will solidify market expectations for a low rate environment for many years to come. That said, Jay Powell would still have to explain in more detail how the new framework will be translated into policy action.

 

In June’s economic projections, the Fed anticipated unemployment would be at 9.3% by year-end, but, in August, unemployment was well below that forecast at 8.4%. Many other economic data surprised to the upside during the June – August period in a clear sign that most economists were overly pessimistic towards the strength of the recovery. However, there is still a considerable amount of uncertainty given the latest surge in Covid-19 cases worldwide and the US, especially as we get closer into the winter season. A second wave will undoubtedly put the recovery at risk in the final quarter of the year and it will be interesting to see the Fed’s view on that issue.

 

As for the market selloff over the past two weeks, the Fed isn’t likely to show any signs of concern. In fact, policymakers should be satisfied with the pullback as the risk of a bubble in several assets has been growing due to the Fed’s extremely accommodative policies. Unless we see another 10 -15% drop, do not expect the Fed to intervene.


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