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Cingular Stock

Cingular wireless is one of the nation’s leading wireless companies. Its headquarters are based out of Atlanta, Georgia with numerous retail stores and mall kiosks in every major city. Cingular began as a merger between BellSouth and SBC, which has grown into a corporate conglomerate.
Cingular offers various services and technology such as: TDMA network, GSM network, Universal Mobile Telephone Service (UMTS), digital voice and digital data. As the first company to bring about Enhanced Data with their GSM services, Cingular set the bar in wireless services. GSM is the wave of the future and Cingular prides itself for this new innovation by being one of the first to offer such services. With GSM, their customers will be able to enjoy unlimited and universal roaming potential. In addition to this, Cingular began a mew kind of wireless service called Enhanced Data for GSM Evolution operating systems, also called the EDGE. This new technology will offer consumers a higher speed to transmit data and access the information superhighway. Cingular’s Universal Mobile Telephone Service, which began earlier this year, will continue to spread to other markets, allowing consumers the capability of multinational usage.
Cingular trades it stock under the parent company of SBC Communications, Inc. eleven months ago, Cingular’s stock was trading for around $27.25 per share. This past week, however, it has dropped to about $24.90 per share. Their unsteady growth continues to be a bit rocky throughout the remainder of 2005. Just last week, their last sale of the day was $24.45, which was down by 0.28 points, averaging to about 1.13%. By June of 2005, its stock was selling for about $148 per share, yet it continued to fall and rise. There is an earning of $1.18 per share. Cingular’s outstanding shares are over 3million at a market value of over $80 billion. To buy a share of SBC Communications, Inc. d/b/a Cingular Wireless would be a good move. Though its stock has been consistently up and down, stock forecasters still say that consumers should hold on to the stock and not sell it. This week last, Cingular saw a rise in their stock as it makes a slow climb upward. It is expected that Cingular’s stock will sell for about $26.00 within the twelve months, but that is only an estimate of future earnings.
As wireless communications continue to improve and expand now is the time to get on board and invest in their stocks. Cingular is a diversified company that constantly remains on the cutting edge of information technology and systems. They will continue to seek out new products, technology and service plans. With wireless companies popping up almost everyday, being a Cingular customer and stock holder guarantees you unparalleled service, commitment, and dedication.

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