Franco-American equipment maker Alcatel-Lucent is looking at selling its unit that sells handsets and other telecoms equipment to businesses, according to a report in the Wall Street Journal Online that quotes people familiar to the matter.
Advisers have…
Franco-American equipment maker Alcatel-Lucent is looking at selling its unit that sells handsets and other telecoms equipment to businesses, according to a report in the Wall Street Journal Online that quotes people familiar to the matter.
Advisers have reportedly recently started exploring the different options, such as a sale to a single buyer or an IPO, for the business.
The transaction could be worth US$1.5bn.
Alcatel-Lucent was not immediately available for comments.
