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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?


To: Baldwin who wrote (5023)2/9/1999 1:51:00 PM
From: DMaA  Respond to of 7342
 
All Tom Scottino could come up with today was news of a $5Million order. Better than nothing I guess.

Tellabs to Provide Voice/Data Transport Solutions for NET-tel's Nationwide Intelligent Network
PR Newswire - February 09, 1999 10:51

LISLE, Ill., Feb. 9 /PRNewswire/ -- Tellabs (Nasdaq: TLAB) announced today that it has reached a $5 million agreement with interexchange carrier NET-tel Communications to provide voice and data transport solutions for the nationwide switched network NET-tel is building.

Tellabs is the primary supplier of digital cross-connect systems to NET-tel, which is creating a next-generation, intelligent network that integrates data, voice and Internet services over a nationwide, fully-redundant, asynchronous transfer mode (ATM) backbone.



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