Tag:
Tellabs
Latest Headlines
Latest Headlines
Tellabs revenue drops in Q1 2013
Tellabs posted $209 million in revenue in the first quarter, down from $258 million this time last year.
Tellabs Q1 revenue declines to $209 million on challenges in Europe, Mexico
Tellabs' first-quarter revenue declined year-over-year to $209 million, down from $258 million in Q1 2012, due to lower sales in Western Europe and regulatory uncertainty in Mexico.
Report: Operators not investing enough in backhaul
Backhaul demands are going to increase in the years ahead and carriers worldwide are collectively underfunding investment in backhaul, according to a Strategy Analytics study commissioned by network vendor Tellabs. The result? A backhaul funding gap of around $9.2 billion by 2017.
Wireless operators up against $9.2 billion backhaul funding gap, says Strategy Analytics
Wireless operators may be continually expanding their networks to support a host of data-centric applications, but according to a new Strategy Analytics study commissioned by Tellabs, they are shortchanging their backhaul investments.
Report: Wireless carriers facing $9.2B backhaul funding shortfall
Backhaul demands are going to increase in the years ahead and carriers worldwide are collectively underfunding investment in backhaul, according to a Strategy Analytics study commissioned by network vendor Tellabs. The result? A backhaul funding gap of around $9.2 billion by 2017.
UPDATED: Layoffs on tap as Tellabs Q4 revenue declines to $242 million
Tellabs reported on Thursday that Q4 2012 revenue was $242 million, down from $317 million year-over-year, prompting it to lay off another 300 employees and discontinue its 9200 product line.
Tellabs appoints Dan Kelly as new CEO, president
Tellabs' board of directors on Thursday named Dan Kelly as its new CEO and president.
Tellabs announces more layoffs as revenue drops to $264M
Tellabs continued to struggle in Q3 2012, reporting on Thursday that revenue in Q3 2012 was $264 million, down sequentially from $288 million in Q2 2012 and year-over-year from $330 million in the same period a year ago.
Tellabs chairman Michael J. Birck to retire next year
Michael Birck, Tellabs' current chairman and founder, on Friday announced he would retire following the 2013 annual stockholders meeting.
Tellabs Q2 revenue rises sequentially to $288M, but remains cautious about Q3
Tellabs saw a slight turnaround in its fortunes as Q2 2012 revenues rose 12 percent sequentially to $288 million, up from $259 million in Q1 2012.

