Dave, I agree! For newcomers: There is more than the day to day fortune telling by analysts to commend this company to you. The website at www.tellabs.com is packed with things you should know about your company--at least those of you who are here for the long run. The following bit of history (lifted from the website) will help the click-challenged with an introduction (although many new products not mentioned here will be announced in the present year):
"In 1975, our first year of operation, Tellabs employed 20 people, all of them located in Lisle, Illinois. Today, more than 4,000 employees are located at facilities around the world. First-year sales were just over $300,000; 1998 annual revenues topped $1.6 billion, and we are on track to reach our corporate initiative of $2 billion in annual sales by the year 2000 -- $2B by 2K!
For nearly 25 years, Tellabs has worked in concert with the telecommunications service providers around the world. As an equipment manufacturer and infrastructure builder, Tellabs is an important partner with local and long-distance telephone companies, alternate service providers, cable operators, cellular and other wireless carriers, government agencies and businesses, PTTs and specialized carriers. Our transport, access, and service enhancement solutions are used by our customers as they provide services to their customers. Our products satisfy a dual objective, allowing our customers to offer new revenue-generating services while reducing operating and capital costs.
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Our Industry
The converged telecommunications and computing industries represent one of the most vibrant and exciting market opportunities around. More information than ever, whether voice, data or image traffic, is being transmitted by more people to more places and for more reasons than ever before, serving the seemingly insatiable demands of people everywhere for communication, information and entertainment -- for connectivity. For businesses in every industry, in locations around the globe, information is today's key competitive weapon, as evidenced by the dramatic increase in data traffic and the phenomenon known as the Internet. For individuals, communications and all it entails -- mobility, entertainment, information access -- is a pervasive part of every aspect of modern life.
Tellabs participates in one of the most dynamic industries there is -- an industry essential to the economic well-being of every nation. At Tellabs, we recognize the strategic value of information and the mission-critical role that our systems and products play in its efficient transport and management. For more than 20 years, Tellabs has partnered with the telecommunications industry around the world to provide solutions for managing and optimizing networks. In the process, Tellabs has developed a reputation as one of the foremost suppliers of specialized communications solutions, distinguished by modularity, flexibility, interoperability and technological innovation.
Telecommunications is a global game. Few telecommunications service providers today serve markets constrained by national or geographic boundaries. As a global supplier to communications providers, Tellabs provides global solutions to customers that have a global perspective and a global business opportunity.
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Our Transport, Access and
Service Enhancement Solutions
Users of telecommunications services are demanding -- indeed expecting -- more for less. They all want it faster, better, cheaper. And, of course, they want it now. Tellabs is positioned to help the communications service providers of the world -- whoever they might be -- meet these expectations.
In countries around the globe that are wired for telecommunications, service providers are looking for ways to offer more advanced services to their customers while reducing operating costs. In the world's developing countries, the immediate need is in building communications infrastructure. No matter what the need, building upon current infrastructures or creating new ones, Tellabs is ready to help telecommunication service providers around the world create network solutions that can respond to the ever-changing demands of their customers.
In North America, the TITAN® family lies at the heart of network transport facilities, directing traffic, provisioning services and monitoring performance. For service providers, Tellabs digital cross-connects solve many of the problems associated with the intelligent managed transport of information between the various elements within the telecommunications backbone network. The TITAN 5500 family of digital cross-connects -- the first fully SONET to the Core® system -- offers enhancement and growth without service interruption, integrates emerging technologies, allows remote and centralized performance monitoring and control, and provides system defensiveness.
Outside of North America, Tellabs' primary access and transport network solution, the MartisDXXTM system, provides connection to base stations in cellular networks, data and voice services to corporate users and a generic access and transport platform for various other services. The ability of the MartisDXX system to provision both basic and advanced services from the same platform is a considerable competitive advantage. Current MartisDXX product extensions, based on SDH, TMN and other technologies, address service providers' growing need for cross-connect grooming capabilities, higher transmission speeds and increased operational efficiencies.
Basic telephone service is essential to quality of life, a fact that is particularly meaningful to that half of the world's people who have never spoken on a telephone. The CABLESPAN® universal telephony distribution, Tellabs primary access product addressing the need for basic telephone service around the world, is designed to mix and match with various media types to provide the ultimate flexibility for serving a variety of network topologies.
As a world leader in T1 and E1 digital echo cancellation, Tellabs 2500 series of echo cancellers plays a leading role in eliminating echo from telecommunications networks. Our echo cancellers allow for natural background sounds to pass through during phone calls for more natural-sounding conversations.
Offering more than just a portfolio of innovative products, Tellabs is committed to providing solutions, enabling service providers to deliver end-to-end connectivity to their customers reliably, economically and as needed. Reliable service provisioning involves sophisticated service, network and element management systems augmented by robust versatility and user friendliness.
Tellabs is by design, and by philosophy, a vertically integrated company, which means that we design our own chips, we develop our own software, we do our own manufacturing, and we provide complete customer support services. Collectively, this is a powerful differentiator in the marketplace that sets us apart from the competition.
Tellabs global portfolio of partnerships, network equipment, professional services, operational support systems and financing -- along with the company's more than 20 years of experience in the telecommunications industry -- provides a solid foundation upon which to build and expand your business. From network design and modeling to custom manufacturing and installation to training and consultation to flexible financing arrangements, Tellabs offers a superior level of solutions-based support services. To ensure total reliability, our team of product specialists and field service engineers stands ready to support customers around the clock and in a language they understand.
And as Tellabs grows, so does our commitment to supporting our customers and products. Our trained customer service personnel can install, test, maintain and update your communications network. Around the globe, we have established a service and distribution system to meet different language, network and market needs."
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