M2 PRESSWIRE-4 February 2008-Market Review: Progress Review for SureWest Communications(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:04022008
Streetinvesting.com has now resumed our progressive review of SureWest Communications (Nasdaq: SURW) after it traded up 2% Friday, late in the afternoon with below average volume. Based on the Company's most recent news release, we will be progressively reviewing the impact of the markets and the effects of their developments.
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Our research resources have been aimed towards the US Large Caps and the various prospective companies therein SureWest Communications was among those that we have been closely examining due to their recent news and trading patterns.
SureWest Communications (Nasdaq: SURW) announced on February 1, 2008 that its board of directors declared a regular, quarterly cash dividend of $0.25 per share, payable March 15, 2008, to shareholders of record at the close of business on February 29, 2008. SureWest has approximately 11,000 shareowners holding approximately 14.5 million total shares outstanding.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050908/SFSUREWESTLOGO)
Amount Payable Date Record Date Regular Cash $0.25 03-15-2008 02-29-08
Serving the Northern California region for more than 90 years, SureWest Communications (http://www.surewest.com) is one of the nation's leading integrated communications providers, and is the bandwidth leader in the markets it serves. SureWest's bundled offerings include an array of advanced IP-based digital video, high-speed Internet, local and long distance telephone, and wireless PCS. SureWest's fiber-to-the-premise IP-based network features high-definition video and symmetrical Internet speeds of up to 50 Mbps. Its copper platform provides IP-based digital video, digital voice and DSL broadband and is in the process of being upgraded to fiber in select areas to increase the number of revenue generating units available in those markets.
Streetinvesting.com will continue to follow the progress of this company following their most recent news announcement. Visit www.streetinvesting.com and signup free for our financial market services.
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