June 4, 2010
4:05 PM -- Being an AT&T Inc. (NYSE: T) domain supplier has its privileges. And not being one -- well...
Tellabs Inc. (Nasdaq: TLAB; Frankfurt: BTLA) stock is down 10 percent today and has "significantly underperformed" all week "on concerns its competitive position at AT&T is weakening due to lack of domain vendor status and the carrier's planned transition to LTE/4G," analyst Michael Genovese of Soleil writes in a report issued today.
AT&T makes up about 20 percent of Tellabs's revenues, with wireless backhaul being a good chunk of that, Genovese notes. As AT&T starts building for LTE, that backhaul business could be destined for Alcatel-Lucent (NYSE: ALU), he writes.
AlcaLu already has a pretty good position at AT&T. It's a domain supplier for routers and for LTE radio access, a combination that's led to more pre-LTE backhaul business for the vendor, Genovese writes. (See AT&T Picks AlcaLu, Ericsson for LTE.)
— Craig Matsumoto, West Coast Editor, Light Reading
About the Author(s)
You May Also Like
5G Network Automation and AI at Global Megaevents: A Telco AI-at-scale case study with Ooredoo and EricssonNov 02, 2023
5G Transport & Networking Strategies Digital Symposium.Nov 07, 2023
Improve Service Efficiency in the Call Center and Field with Slack AutomationNov 08, 2023
Open RAN Evolution Digital Symposium Day 1Nov 14, 2023