Sprint PCS and Fidelity Investments(R) Team to Offer WIRELESS BrokerageServices Nationwide on Sprint PCS Wireless Web
--From AOL. This is in addition to their existing Ameritrade offering. I consider mobile trading a critical service for wireless data.-- Cooters
KANSAS CITY, Mo. and BOSTON, April 19 /PRNewswire/ -- Sprint PCS (NYSE: PCS) and Fidelity Investments will soon begin delivering Fidelity's InstantBrokerSM trading and personalized information service to investors nationwide via the Sprint PCS Wireless Web. Fidelity customers will be able to access their accounts, watch lists, market indices, stock quotes, and other financial information, as well as place trades from their Internet-ready Sprint PCS Phone.
The announcement strengthens Sprint PCS' breadth and top quality of offerings in the finance category of the Sprint PCS Wireless Web and marks the pairing of two industry leaders. Fidelity Investments is a pioneer in wireless trading technologies and one of the largest discount brokerage firms in the United States, while Sprint PCS is the fastest-growing wireless provider in the United States with more than 6.5 million customers.
"Sprint PCS continues to be the leader in offering new Wireless Web services to our customers," said Andrew Sukawaty, president, Sprint PCS. "This alliance with Fidelity will give customers mobile access nationwide to financial information from one of the leading providers of financial services -- all from a Sprint PCS Phone. Customers who want instant access to their personal financial information and investment transactions can now receive it with the Sprint PCS Wireless Web and Fidelity's InstantBroker service."
Through Fidelity's alliance with Sprint PCS, Fidelity brokerage account holders will be able to receive real-time quotes, watch lists and market indices, access account information, as well as place orders for eligible trades. All investors can receive stock quotes, watch lists and market information, and request a Fidelity brokerage account application via Internet-ready Sprint PCS Phones.
"Fidelity's alliance with Sprint PCS is the latest example of our commitment to delivering the best technology, products and features to investors through state-of-the-art wireless devices and mobile commerce services," said Joseph G. Ferra, senior vice president, Fidelity Online Brokerage. "We are pleased to join forces with industry leaders like Sprint PCS to advance our wireless offerings and help our most active, involved investors monitor and manage their financial portfolios virtually anywhere, anytime any way."
Sprint PCS launched its Sprint PCS Wireless Web service in late September 1999, offering customers a suite of simple, user-friendly wireless data products and services. By using Internet-ready Sprint PCS Phones, customers can now shop, trade stocks online, browse select Internet-based content in real time, receive automatic personalized news features, weather, stock quotes, and e-mail updates, and connect to the Internet or corporate Intranet by connecting their laptop computer to their Sprint PCS Phone with a Wireless Web Connection Kit. The Sprint PCS Wireless Web is available anytime, anywhere on the Sprint PCS 100 percent digital, 100 percent PCS nationwide wireless network. Sprint PCS Wireless Web content partners include: Amazon.com, America Online, Ameritrade, Bloomberg, CNN Mobile, Dictionary.com, Earthlink, eCompare, EMAZING, Fidelity Investments, FoxSPORTS, GetThere.com, Go2Online, InfoSpace.com, MapQuest.com, The Weather Channel, and Yahoo!.
About Sprint PCS
Sprint PCS operates the largest 100 percent digital, 100 percent PCS nationwide wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities across the country. Sprint PCS has licensed PCS coverage of nearly 270 million people in all 50 states, Puerto Rico and the U.S. Virgin Islands. For more information, visit the Sprint PCS web site at sprintpcs.com. Sprint PCS is a wholly-owned tracking group of Sprint Corporation trading on the NYSE under the symbol "PCS."
Sprint is a global communications company at the forefront of integrating long-distance, local and wireless communications services, and one of the largest carriers of Internet traffic. Sprint built and operates the United States' first nationwide all-digital, fiber-optic network and is a leader in advanced data communications services. Sprint has $20 billion in annual revenues and serves more than 20 million business and residential customers.
About Fidelity Investments
Fidelity Brokerage Services, Inc. offers its customers access to a full range of securities, IPOs and other public offerings for eligible brokerage customers; FundsNetwork(R) with more than 3,400 mutual funds; substantial commission savings; low margin rates; access to extensive independent research; a variety of cash management services for qualifying accounts and consolidated statement reporting.
Fidelity Investments is the nation's largest mutual fund company and a leading provider of financial services. Fidelity offers investment management, retirement, brokerage and shareholder services directly to individuals and institutions, and through financial intermediaries. The firm also is the No. 1 provider of 401(k) retirement savings plans, the second largest discount brokerage firm and the third largest provider of 403(b) retirement plans for not-for-profit institutions in the United States. As of March 31, 2000, Fidelity had total managed assets of $995.8 billion.
SOURCE Sprint PCS
CO: Sprint PCS; Fidelity Brokerage Services, Inc.; Fidelity Investments
ST: Missouri
IN: TLS
SU: PDT JVN
04/19/2000 08:01 EDT prnewswire.com |
