12:15 PM -- Argus Research Co. analyst Jim Kelleher had a great observation in his research note yesterday:
In coming months, we expect CEO Pullen - after a complete assessment of operations - to announce a substantial downsizing at Tellabs, as he seeks to shift the company into a network specialist role akin to the role developed by Ciena.
This fits nicely with what I wrote just after Tellabs announced it wouldn't be supplying GPON gear to Verizon.
Tellabs won't sell itself. And who'd buy it anyway?
The 5500 is coal-powered.
The 8800 is being lapped by its competitors.
The two biggest broadband access accounts delivered via the AFC acquisition -- BellSouth and Verizon -- are now toast.
CEO Rob Pullen could really make a name for himself here. The company has no debt. It has more than $1 billion in cash and investments. If it does some downsizing and embraces the role of network specialist, it might look a lot different this time next year.
Again, look at Adtran and Ciena. Those companies are pretty easy to size up. They're not good at everything; they're good enough at enough things.
Put more resources behind its optical transport and ROADMs?
Buy Aktino, Hatteras, or something like it?
See if it can get $5.25 a share from Nokia-Siemens?
berty, User Rank: Light Beer 12/5/2012 | 3:42:32 PM
re: TLAB Shakeup Coming Phil, the fundamental problem with TLABs is their chance of remaking themselve has now gone. They had a chance after acquiring AFC and some others to set themselves on a path of a remake, but that has clearly failed. Their primary bread and butter business cross connects is in decline and unless they find some thing new and revolutionary for the network they will experience a slow and painful death. They will be the 3com of telecoms, plenty of money in the bank but no new ideas.They could be acquired but who would buy something that has declining revenue. They could buy some new technology but this will cost a lot of cash and most likely not be new and revolutionary.Their time has gone.The new management with their visibily mature board can only pull costs out of the company to delay the decline.Berty
re: TLAB Shakeup Coming One problem is that they have a significantly overpaid group of employees that cannot be sustained by their anemic product portfolio. Maintenance fees on the Titan DACS ainGÇÖt gonna cut it.
ponguy, User Rank: Light Beer 12/5/2012 | 3:42:20 PM
re: TLAB Shakeup Coming This is a very tough question for them. Their execution on the outside people brought in has been so poor so who is going to come up with the new ideas-and implement them? AFC aquisition (CEO and 8 of 9 VP's gone within 3 months), Asghar Mostafa (Vinci founder/CEO) leaving, Vivace Sr. team leaving, and now Krish/Carl's departures has left them with the same people who have been there a long time and not succeeded on anything new. So they respond by turing to an insider who in his 23 year career has never seen the outside world from another view but Tellabs. Can they even think differently enough to have success if they were to find the right niche?...Good Luck
Light Reading is spending much of this year digging into the details of how automation technology will impact the comms market, but let's take a moment to also look at how automation is set to overturn the current world order by the middle of the century.
Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.
During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.
She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.