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After spending the last several months at a middle-of-the-road three-star rank, enough top-performing CAPS members have turned bullish on Tellabs
Some companies are seeing signs of improved telecom spending and many investors see Tellabs well positioned to profit from a rebound. Like networking equipment makers Infinera
Tellabs recently made a move to beef up its next-generation mobile Internet technology with its completed purchase of privately held WiChorus, which specializes in 3G and 4G infrastructure products. The purchase reflects other companies' moves to capitalize on the growing mobile infrastructure demand like Cisco Systems'
Do you think Tellabs deserves its raised status? Add your thoughts in the comments box below on this page, or head over to CAPS to rate the company and check out all the information and opinions the community offers, absolutely free.
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Fool contributor Dave Mock recently upgraded his plan for global domination in backgammon to include a graceful exit if things don't go his way. He owns no shares of companies mentioned here. Infinera is a Rule Breakers selection. The Fool owns shares of Infinera. The Fool's disclosure policy can tap out the Gettysburg Address in Morse code.