said Wednesday it is considering selling or merging its optical fiber business, confirming
published reports that surfaced earlier this month.
The optical fiber unit grew more than 60% in fiscal 2000 and executives described its performance as "stellar," Lucent said.
The Atlanta-based business designs and manufactures fiber cable, specialty fiber components and fiber connectivity apparatus, as well as optical fiber. The unit is in the midst of a $1 billion expansion program, part of which will enlarge its fiber manufacturing facility in Norcross, Ga. Lucent also recently opened a fiber cable manufacturing facility in Campinas, Brazil, to serve Latin America and the Caribbean.
Among those thought to be interested in bidding for the company are
Lucent said it plans to determine the fate of the optical fiber unit within a few months.