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Elcoteq to manufacture Tellabs optical products

Posted: 18 Nov 2003 ?? ?Print Version ?Bookmark and Share

Keywords:elcoteq network? tellabs? digital? optical? broadband access system?

Elcoteq Network Corp. and Tellabs have signed an agreement whereby Tellabs will outsource manufacturing of its international products and transfer ownership of its Espoo, Finland manufacturing operations to Elcoteq. The deal involves mainly manufacturing of Tellabs' digital optical cross-connection products and broadband access systems.

"Our decision to outsource manufacturing is essential to move Tellabs along the path to profitable growth," said Anders Gustafsson, president, Tellabs International. "This action enables Tellabs to focus 100 percent of our energies on product development and customer relationships as Elcoteq focuses on its core business electronics manufacturing services. Tellabs International decided to outsource its manufacturing to Elcoteq because of their commitment to communications technology products and customers, and because of their proven skills in the manufacturing of these products. Naturally they also had to meet Tellabs' stringent cost requirements."

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