Note: A glossary of industry and technical terms used in this Form 10-K appears
at the end of this Item 1.
Tellabs, Inc. was incorporated in 1975 as an Illinois corporation. In 1992, our
stockholders approved the formation of a holding company structure. Under that
new structure the stockholders of Tellabs, Inc., an Illinois corporation, became
the stockholders of a new holding company, Tellabs, Inc., a Delaware
corporation. Tellabs� vision is to enrich people�s lives by innovating the way
the world connects. We work toward that vision by designing and marketing
equipment and services to communications-services providers worldwide.
Our products and services, in combination with our Tellabs � 8000 Intelligent
Network Manager, enable our customers to deliver wireless and wireline voice,
data and video services to business and residential customers. We sell our
products domestically and internationally through our field sales force and