Avaya has filed for Bankruptcy
Avaya has filed voluntary petitions under chapter 11 of the U.S. Bankruptcy Code in the United States.
Avaya has filed for Bankruptcy

Date: 20 January 2017

After months of speculation, Avaya has filed for bankruptcy with the future of its network, contact center and UC operations uncertain.

  • Avaya has struggled to keep up with unified communications developments, unlike Mitel.
  • This has clearly contributed to the need for filing the bankruptcy papers.
Contact us to discuss Avaya & Mitel

The strategic benefits of Mitel vs Avaya

Mitel

Avaya

Focused 100% on seamless communications & collaboration for small, medium and large organisations. No distractions.

#1 cloud communications provider in the world and the fastest growing.

Positively rated in all 5 Gartner magic quadrants related to business communications.

#1 provider of enterprise communications in Western Europe.

 

Leading the consolidation of the unified communications sector via a proactive acquisition strategy designed to drive both growth and customer value.

A growth company - revenue nearly doubled in the last 3 years.

A Mobile First strategy that extends to the desktop via the seamless integration of mobile devices with a premium business phone experience.

Currently reviewing potential restructuring options with external advisors in order to manage a highly leveraged business that has approximately $6 billion debt due before 2021, of which approximately $600 million is due in October 2017. *

* Note

Based on reporting in the public domain via reporting sources such as the Wall Street Journal and Reuters as at point of publishing.

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