Wed, Oct 1, 2014, 4:07 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Tellabs, Inc. Message Board

  • got_stuck_tlab got_stuck_tlab Mar 18, 2013 2:46 PM Flag

    continued Revenue declines and Terrible business acquisitions

    at a cost to all shareholders while management feeds itself unlimited salary and bonuses and stock options.
    Remember this costly acquisition:
    On December 1, 2009, we acquired WiChorus, Inc. (WiChorus), a supplier of mobile packet core products. The intent of the acquisition was to enable Tellabs to expand into mobile packet core networks. On January 31, 2012, we announced that we would discontinue development of new products for the mobile packet core market, which had not measured up to our expectations during the prior two years. We reduced 2012 operating expenses through the decision to discontinue development of new products for the mobile packet core market, a restructuring action announced on October 24, 2012, and other cost-savings initiatives.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
TLAB
2.440.00(0.00%)Dec 3 4:00 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.