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Tellabs designs, develops, deploys, and supports telecommunications networking products around the world. The product portfolio includes solutions for wireline and wireless transport, access networking, broadband data, optical transport, and voice quality enhancements. The company generates revenue principally through the sale of telecommunications products, both as stand-alone products and as elements of integrated systems. In addition, the company provides installation and professional services related primarily to its own products and systems.
Prior to 2006, Tellabs reported its results of operations based on the company operating in a single segment. Beginning with the first quarter of 2006, the company reported operating results in three segments: Broadband Products, Transport Products, and Services.
Tellabs Inc was established initially as an Illinois corporation in 1975 and later in 1992 was converted into a Delaware corporation. Over the years, Tellabs expanded through numerous acquisitions, including the takeover of Ocular Networks Inc in 2002, Vivace Networks Inc in 2003, and Advanced Fibre Communications Inc (AFC) and Vinci Systems in 2004.
Tellabs' common stock is listed on the NASDAQ National Market under the symbol TLAB. At February 27, 2006, there were approximately 8,262 stockholders of record and 450,392,827 outstanding shares.
