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To: Sam Citron who wrote (556)	3/30/2000 5:09:00 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 847

Tellabs gets major broadband contract from AT&T Thu Mar 30 15:36:00 EST 2000 LISLE, Ill., March 30 (Reuters) - Telecommunications equipment company Tellabs Inc. said on Thursday it will supply its broadband coaxial cable product to AT&T Corp.'s broadband division as part of a multibillion-dollar project. The company declined to discuss the terms of the deal, but Jean Medina, spokeswoman for Tellabs, told Reuters, "We expect to be a significant participant in the buildout of their network." Tellabs said its CABLESPAN 2300 Universal Telephony Distribution System product was recognized as an approved vendor and a significant participant in AT&T Broadband's multibillion-dollar upgrade of its cable systems. The CABLESPAN product will allow AT&T Broadband to use existing cable networks to provide residential and business customers with integrated telephone, data, and video services. The new contract also enables Tellabs to continue to serve cable television firm MediaOne Group Inc. , which is being acquired by AT&T Broadband. In a research note, Kenneth Leon, analyst with ABN AMRO said, "AT&T Broadband gives Tellabs enormous credibility to sell CABLESPAN 2300 to other major MSOs (multiple system operators) in the industry." Although AT&T had used CABLESPAN in field trials in Portland, Oreg., Arris Interactive, a joint venture by Nortel Networks Corp. and ANTEC Corp. had been expected to take the majority of AT&T's business, Leon said. "Today's announcement refutes a clean sweep by Arris, and potential order flow for Tellabs," he said. Leon also said he estimates revenues from CABLESPAN 2300 to double in 2000, making it the biggest contributor to new product revenues. Shares of Tellabs rose 1-10/16 at 60-5/16 on Nasdaq in afternoon trade. ((Chicago Equities News at 312 408 8787, chicago.equities.newsroom@reuters.com)) REUTERS Rtr 15:37 03-30-00 Copyright 2000, Reuters News Service