Tellabs will outsource the manufacturing of its international products and transfer ownership of its Espoo, Finland, manufacturing operations to Elcoteq Network Corporation. The company also announced plans to trim its international R&D spending. Approximately 300 employees will be affected by the outsourcing and the R&D alignment. Tellabs said it will continue to focus on enhancing its IP/MPLS and next-generation SDH data capabilities.
http://www.tellabs.com
Thursday, November 13, 2003
Tellabs Outsources International Manufacturing
Thursday, November 13, 2003
Financial