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Last week we reported that Mitel Networks was preparing to file for Chapter 11. Now the telecom company announces that it ...
Unified communications specialist Mitel is entering Chapter 11 bankruptcy protection as it has struggled to keep its footing ...
The Ottawa-based company says it is seeking Chapter 11 relief in U.S. Bankruptcy Court for the Southern District of Texas.
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.
Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to ...
Canadian tech pioneer has struggled with market shifts and consequences of the pandemic since US$2-billion private equity ...
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 carrying out debt maneuvers about two years ago.