Sentence examples for fiber optic unit from inspiring English sources

Earlier this month, Cincinnati Bell said in a federal regulatory filing that it might replace Mr. Mooney, who sold the fiber optic unit in June.

Tyco, based in Bermuda and run from Exeter, N.H., said Global Crossing was trying to avoid paying for work done by its undersea fiber optic unit.

The sale of the fiber optic unit is seen as the best and quickest way to raise the money, though other options like short-term loans from banks or issuance of additional stock to investors, may need to be considered.

Telecom gear maker MRV Communications sold shares in its fiber-optic unit, Luminent, when fiber was humming.

And one quick and easy way, Lucent seems to believe, is to sell its high-growth fiber-optic unit.

To top it off, the company's most valuable possession, a high-growth fiber-optic unit, was originally expected to sell for about $10 billion.

Even worse, selling off the fiber-optic unit might satisfy its creditors but would leave the company without one of its only growing businesses.

The $1.89 billion Lucent raised this week, coupled with the $2.75 billion it will get for the fiber-optic unit it is unloading on Furukawa Electric, means Lucent just scored another $4.6 billion in cash.

Some analysts say Lucent spent too much time negotiating a merger with French networking company Alcatel –a deal that never came to fruition and in the meantime the fiber-optic unit sat languishing and losing value.

[Selling it] is part of our strategy, so we can concentrate on our core [businesses]." The company still must deliver on its promise to cut costs by $2 billion, so selling off the fiber-optic unit is much more about paying off debts than it is about future strategy.

Nortel said Monday that its fiber optic components unit, which sells most of its parts to the company's own businesses, have a sales value of $2.5 billion.