May 21, 2013
Tellabs (NYSE: TLAB) designs and manufactures telecommunications equipment for business and residential customers. This equipment helps wireless providers like Verizon and AT&T to handle increased traffic and to offer voice, data and video services to residential homes. Over one third of the world's wireless calls travel via networks owned by Tellabs customers. The company has the number one market share on North American fiber-access equipment, and thirty of the world's thirty-five largest telecom service providers use Tellabs' products in their networks. The company earned $1.5 billion and $144 million in net revenue and net income respectively in 2009.[1]
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