Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to ...
The restructuring plan would reduce Mitel’s debt by $1.15 billion, while resolving a dispute over a debt transaction that favored one group of creditors over another.
Canadian tech pioneer has struggled with market shifts and consequences of the pandemic since US$2-billion private equity ...
Last week we reported that Mitel Networks was preparing to file for Chapter 11. Now the telecom company announces that it ...
To execute the restructuring, Mitel will employ a prepackaged plan and file voluntary petitions seeking debt relief under ...
Canada’s Mitel Networks has filed for bankruptcy in the US as the telecommunications firm continued to struggle after ...
Telecommunications company Mitel Networks is preparing to file for Chapter 11 bankruptcy protection as soon as next week, according to people familiar with the situation. The closely held Canadian ...
Canadian communications technology firm Mitel Networks says it’s seeking protection from creditors in the United States in ...
Telecommunications company Mitel Networks is poised to file for Chapter 11 bankruptcy protection imminently, according to ...
Mitel Takes Action to Optimize Capital Structure, Positioning the Business for Efficient Growth and Long-term Sustainability ...
Support from a majority of existing lenders and $124.5 million in new financing will increase liquidity to optimize business operations and capitalize on the ...
‘There was business that as a standalone entity, neither Unify nor Mitel could touch. It went to the likes of Cisco by default just for sheer size and capability. This will put us in a better ...