Alcatel-Lucent (ALU) is exploring the sale of its business that provides phones and other...

|By:, SA News Editor

Alcatel-Lucent (ALU) is exploring the sale of its business that provides phones and other telecom gear to corporations, and which could be worth $1B-$2B or more, sources say. Another option is an IPO for the unit. Premarket: ALU -2.3%