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Mobile Phone Shops UK

O2 announces Reuters agreement for XDA

O2 today announces strategic agreement with Reuters for its XDA

22 July 2003

O2 today announced a major strategic agreement with global information company Reuters for its combined colour PDA and mobile handset - the xda from O2. Reuters will provide an initial 1000 of its financial market customers in the UK and Germany with the xda, enabling them to access the latest market information whilst on the move using its Reuters 3000 Xtra Companion service.

Reuters 3000 Xtra Companion provides the latest financial information, news, charts, and share prices over PDA devices, enabling financial market professionals to access market information whilst away from their desks or offices. It also provides quote lists from Reuters flagship product, Reuters 3000 Xtra, plus related market quotes and analysis. Reuters 3000 Xtra Companion is exclusively available to Reuters 3000 Xtra customers.

Reuters and O2 have worked together to pre-configure the xda with Reuters 3000 Xtra Companion for complete ease of use - customers can access the service immediately via the xda web browser. The pages are fully optimised for the xda. Customers will also be able to access the service when abroad, via O2's extensive GPRS international roaming service. This includes Singapore, Hong Kong, Germany, France, the Netherlands and Australia.

In addition to Reuters 3000 Xtra Companion, the xda from O2 offers full colour internet access, web-based email, extensive mobile phone capabilities and personal organiser features such as 'contacts' and 'calendar'.

Christopher Hagman, Managing Director, Global Sales, Reuters, commented: "Financial market professionals know the importance of accessing up to the minute market information, anytime, anywhere. Making Reuters 3000 Xtra Companion available over the xda from O2 helps make this a reality. We selected the xda from O2 because of its ease of use and its extensive roaming capability."

Kent Thexton, Chief Marketing and Data Officer, mmO2 plc, commented: "We are delighted to be working with Reuters. This is a real example of how mobile data is coming of age to deliver tangible business benefits, and applications like this will contribute towards our target of 25% of service revenues from data by end 2004."

Sales of the xda continue to show steady growth - to date more than 66,0002devices have been sold in the UK, Germany, Ireland and Asia Pacific. As well as winning excellent reviews, xda users are using its functionality to the full and are consistently mmO2's heaviest data users.

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