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To: Brien Koehler who wrote (5914)	7/30/1999 4:35:00 PM
From: Beltropolis Boy	Read Replies (1) \| Respond to of 7342

Tellabs Completes Acquisition of Alcatel's DSC Communications Businesses in Europe July 30, 1999 04:03 PM LISLE, Ill., July 30 /PRNewswire/ -- Tellabs (TLAB) announced today that it has completed the acquisition of Alcatel's DSC Communications businesses in Europe, a move that extends Tellabs' global presence and heightens its ability to meet the growing demand for fiber transmission networks worldwide. "This acquisition enhances our ability to deliver high-speed transport solutions to our global customers," said Brian J. Jackman, president of Global Systems and Technology at Tellabs. DSC Communications, which is headquartered in Copenhagen, Denmark, is a leading provider of managed, high-speed transport solutions based on Synchronous Digital Hierarchy (SDH) and dense wavelength-division multiplexing (DWDM) technology. The acquisition also covers business operations in Drogheda, Ireland; sales and support offices in England, India and Poland; and an interest in FIBCOM India Ltd., a joint venture with Indian Telephone Industries Ltd. in India. "By combining our global reach and complementary technologies, we will be able to maximize our ability to develop and deliver SDH and optical transport solutions," said Peter Viereck, executive vice president and chief operating officer of DSC Europe, who will lead the new Tellabs Denmark. Under terms of the acquisition, originally announced on May 26, Tellabs paid approximately $110 million in cash for the European businesses.

To: Brien Koehler who wrote (5914)	8/6/1999 3:08:00 PM
From: Brien Koehler	Read Replies (1) \| Respond to of 7342

TELLABS OPENS NEW OFFICE IN SHANGHAI, CHINA International Telecom Equipment Manufacturer Recognizes Growth in China Telecommunications Industry Singapore – Tellabs, one of the world's leading telecom equipment manufacturers, expanded its operations in China today, with the opening of its office in Shanghai, responsible for the eastern region of China. The office opening strengthens Tellabs' presence in this highly competitive market, which has attracted many well-known international companies. Tellabs opened its first office in China in Beijing in 1994 and also has an office in Hong Kong. “Tellabs recognizes China's growing need for communications services,” said Jimmy Tan, vice president and managing director for Tellabs' Asia Pacific sales region. “To more effectively serve our customers in this region, Tellabs is committed to expanding its operation in China. We also intend to form alliances with local manufacturers and pursue new business ventures.” Tellabs is the leading supplier of voice quality enhancement systems, including echo cancellers, in China. Tellabs' MartisDXXTM managed access and transport systems are also widely deployed in China, both in national and international networks. Tellabs has local manufacturing capabilities for its echo cancellers through its partnership with Eastcom. The transfer of U.S. technology to China is in line with the policy of the Chinese government. The Shanghai office is managed by branch manager Patrick Qu. Tellabs designs, manufactures, markets and services data, voice and video transport and network access systems. The company's products are used worldwide by the providers of communications services. Tellabs stock is listed on the Nasdaq Stock Market (TLAB). Tellabs, and the Tellabs logo are registered U.S. trademarks of Tellabs Operations, Inc., in the United States and/or in other countries. MartisDXX is a trademark of Tellabs Oy, a subsidiary of Tellabs, Inc., in Finland and/or in other countries.