Alcatel (ALA) and France Message Board

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Technology Stocks : Alcatel (ALA) and France

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To: zbyslaw owczarczyk who wrote (3391)	5/30/2001 11:10:57 AM
From: elmatador	Read Replies (1) of 3891

How much vendor financing, ZO? Hanaro Telecom in Talks with Alcatel for US$300 Mln. Hanaro Telecom is reportedly in talks to attract up to US$300 million in foreign capital from France-based Alcatel, a leading supplier of high-tech equipment for global telecommunications. Talks are currently underway for the French firm to provide up to US$300 million in vendor financing, officials of Hanaro said on Wednesday. Although the two sides have not agreed on terms or a timetable yet, the result will come out at the end of August at the earliest, said an official of Hanaro Telecom. Meanwhile, Hanaro signed a memorandum of understanding to induce some US$120 million and US$200 million from Lucent Technologies and Cisco Systems, respectively. (Daily Economic Times, 3/8/00)

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