Telecom company Mitel files for bankruptcy to cut $1 bln in debt
Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to ...
Canada’s Mitel Enters Bankruptcy After ‘Up-Tier’ Lawsuit
Canada’s Mitel Networks has filed for bankruptcy in the US as the telecommunications firm continued to struggle after ...
Mitel restructures under Chapter 11 bankruptcy to pursue hybrid opportunity
To execute the restructuring, Mitel will employ a prepackaged plan and file voluntary petitions seeking debt relief under ...
Mitel files for creditor protection with restructuring plan aimed at ending chronic liquidity woes
Canadian tech pioneer has struggled with market shifts and consequences of the pandemic since US$2-billion private equity ...
Mitel Takes Action to Optimize Capital Structure, Positioning the Business for Efficient Growth and Long-term Sustainability
Mitel Networks Corporation, ("Mitel" or "the Company"), a global leader in business communications, today announced it has ...
Techzine Europe3d
Mitel restructures debt: new future after Chapter 11
Last week we reported that Mitel Networks was preparing to file for Chapter 11. Now the telecom company announces that it ...
The Canadian Press on MSN4d
Communications provider Mitel Networks seeking creditor protection in U.S.
The Ottawa-based company says it is seeking Chapter 11 relief in U.S. Bankruptcy Court for the Southern District of Texas.
Mitel Networks Files for Bankruptcy to End Creditor Infighting
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.
Zoom and Mitel announce rollout of AI-first hybrid communications and collaboration solution
Zoom Communications, Inc. (NASDAQ: ZM) and Mitel, a global leader in business communications, announced the global launch of ...