Tellabs reported Q3 2011 revenue of $314 million, compared with $430 million in the year-ago quarter. North American revenue declined to $151 million, and revenue outside North America rose to $163 million.
For the third quarter of 2011, Broadband segment revenue was $170 million, down 15% from the yearago quarter. Transport segment revenue was $87 million, down 49%. Services segment revenue was $57
million, down 6%.
On a GAAP basis, Tellabs recorded a net loss of $138 million or 38 cents per share in the third quarter of 2011, compared with net earnings of $57 million or 15 cents per share in the third quarter of 2010. The loss was primarily driven by a non-cash goodwill impairment charge of $83 million; a non-cash in-process R&D impairment charge of $20 million; and previously announced restructuring charges of $20 million.
“We're disappointed by third-quarter revenue in North America,�? said Rob Pullen, Tellabs president and
chief executive officer. “Yet we're encouraged by the continuing growth of our business outside North
America, which generated more than half of Tellabs' quarterly revenue for the first time.�?http://www.tellabs.com
For the third quarter of 2011, Broadband segment revenue was $170 million, down 15% from the yearago quarter. Transport segment revenue was $87 million, down 49%. Services segment revenue was $57
million, down 6%.
On a GAAP basis, Tellabs recorded a net loss of $138 million or 38 cents per share in the third quarter of 2011, compared with net earnings of $57 million or 15 cents per share in the third quarter of 2010. The loss was primarily driven by a non-cash goodwill impairment charge of $83 million; a non-cash in-process R&D impairment charge of $20 million; and previously announced restructuring charges of $20 million.
“We're disappointed by third-quarter revenue in North America,�? said Rob Pullen, Tellabs president and
chief executive officer. “Yet we're encouraged by the continuing growth of our business outside North
America, which generated more than half of Tellabs' quarterly revenue for the first time.�?http://www.tellabs.com
DragonWave introduced its "Avenue" backhaul solution for small cell base stations.
is partnering with Tekmark Global Solutions and Centri Technology to deliver hosted, user-defined security controls that will enable communication service providers to offer their mobile subscribers the ability to improve their safety online, even when roaming across operator networks or using Wi-Fi access.
Symantec introduced its network-based policy control and enforcement solution that enables communication service providers to dynamically apply user preferences in a consistent fashion to a variety of services. Such a value-added service would protect smartphone users from the growing number or online threats. It could also enforce parental controls, such as time-of-day usage or inappropriate vocabulary, on texting usage by children. 
