Tellabs Discontinues Current GPON Activities Focused on Verizon

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April 2, 2008 -- For economic reasons, Tellabs will discontinue current GPON activities focused on Verizon. This decision serves the best interests of both companies and their respective stakeholders.

We continue to be a multi-product and services supplier to Verizon. Tellabs will continue its current access strategy, including BPON and GPON.

About Tellabs — Tellabs advances telecommunications networks to meet the evolving needs of users. Solutions from Tellabs enable service providers to deliver high-quality voice, video and data services over wireline and wireless networks around the world. Tellabs (NASDAQ: TLAB) is part of the NASDAQ-100 Index, NASDAQ Global Select Market, Ocean Tomo 300™ Patent Index and the S&P 500. www.tellabs.com

Source: Tellabs


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