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Alcatel-Lucent (ALU) is reportedly considering using its fast-growing Internet-routing business...

Alcatel-Lucent (ALU) is reportedly considering using its fast-growing Internet-routing business and/or its massive patent portfolio as collateral for up to €1B of loans. The money will give the company time to implement €1.25B of cost cuts as it looks to turn around its fortunes. Other options ALU is exploring include asset sales and issuing new stock.
Comments (4)
  • can you say, "spinning around the drain"?
    7 Dec 2012, 01:01 PM Reply Like
  • I keep praying for them. It would be great for everyone.
    7 Dec 2012, 03:03 PM Reply Like
  • Where there is life, there is hope. To many people will be hurt otherwise.
    7 Dec 2012, 03:03 PM Reply Like
  • Today there is so much demand for communications, cell phones, videos, wi-fi, yet ALU keeps going down and down. What is it, bad management, they cannot seem to bring it under control.
    8 Dec 2012, 02:21 AM Reply Like
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