As a mid-sized network equipment vendor with a wide breadth of products, Tellabs often has been viewed as a potential acquisition target for a larger vendor. That sort of deal never seemed more likely to happen than in the last couple of months as Tellabs was rumored to be a takeover target of companies such as Nokia Siemens Networks and Nortel Networks.
Now, UBS Investment Research says such a deal is unlikely in the short-term, as both of those larger vendors slogged through tough second quarter performances. Meanwhile, Tellabs CEO Krish Prabhu isn't saying much. Maybe everyone involved is banking on a healthier second half.
For more:
- Telephony covers the UBS opinion
- Light Reading has a story, too