Tellabs to attack international markets

Wednesday 5 March, 2008

I read this article by Jon Van in the Chicago Tribune Tellabs looks within where it states  ” Part of Pullen’s strategy will include tapping new foreign & domestic customers, such as telecom carriers in Asia & the U.S. government at home.”  Duh, that’s where the growth is.  Tellabs is already pretty international.  Tellabs generated 29% of its revenue outside
of North America in the fourth quarter of 2007.  It has customers outside the U.S. like Ericsson (Sweden), NTT (Japan), Telecom Italia, Telekom Malaysia, Telstra (Australia), Vodacom SA (South Africa) and Vodafone (Hungary).  Tellabs has regional headquarters in Singapore — Asia Pacific; London— Europe, Middle East and Africa; Ft. Lauderdale, FL— Latin America and Caribbean.  Tellabs employs about 3,700 people,  about 1,100 of which   are based outside the United States. I’m kind of surprised the past CEO Krish Prabhu, an Indian, didn’t pursue this strategy.  I also had to mention this article because an analyst with Robert W. Baird & Co. named Ken Muth, (no relation) commented on the hire in the article as well.


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