SECURITIES AND EXCHANGE COMMISSION

                        WASHINGTON, D.C.  20549



                                FORM 8-K

                             CURRENT REPORT 
 PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported)       August 21, 1998



                             TELLABS, INC. 
           (Exact name of registrant as specified in charter)


           Delaware              0-9692         36-3831568 
(State or other jurisdiction  (Commission     (IRS employer  
  of incorporation)           file number)    identification no.)


      4951 Indiana Avenue, Lisle, Illinois           60532 
      (Address of principal executive office)      (Zip Code)


Registrant's telephone number, including area code     (630) 378-8800


                                  N/A 
     (Former name or former address, if changed since last report)


















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ITEM 5.  OTHER EVENTS


Tellabs, Inc. (the "Company") and CIENA Corporation have agreed to
adjourn their respective shareholders meeting until September 9, 1998.
Further details are included in a copy of the press release, which is
attached hereto as Exhibit 20.10 and incorporated herein by reference. 




Item 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
         EXHIBITS

     (c) Exhibits

     Exhibit 20.10 - Press release issued by Tellabs, Inc. dated 
         August 21, 1998.

                              SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.


                              TELLABS, INC.



August 21, 1998                    s\ J. Peter Johnson 
                                   ---------------------

                                    J. Peter Johnson 
                                   Vice President, Conroller, 
                                   and Chief Accounting Officer 
















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