0
Broadband

Mitel makes takeover offer for Avaya - report

Tuesday 20 August 2019 | 08:51 CET | News
Interactive webinar: Vodafone Ziggo deep dive. What is the strategy for the coming years? Where does it stand in relation to its competitors? Join us on January 21st 14:00 CET for a professional profile of VodafoneZiggo in 45 minutes. Register here ...
Mitel has made a takeover offer for Avaya valuing the combined group at USD 5 billion including debt, Bloomberg reported. The companies have been in and out of talks since April, people familiar with the matter said. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Avaya / Mitel
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Mitel expands Customer Experience portfolio with new market, product launches

Published 15 Nov 2019 11:22 CET | World
Mitel announced a series of enhancements to the company's customer experience portfolio. These include the launch of a new ...

Avaya still in takeover talks but with no time-table

Published 12 Sep 2019 14:54 CET | World
Avaya said that the takeover talks it hoped would be completed by mid-September are still ongoing and that it remains in advanced ...

Avaya posts quarterly loss of USD 633 mln on impairment, sees takeover talks concluded in month

Published 13 Aug 2019 13:34 CET | World
Avaya reported a net loss of USD 633 million for its fiscal third quarter to June, hurt by an impairment charge of USD 657 ...

Avaya confirms takeover talks after disappointing Q1 results

Published 09 May 2019 15:42 CET | World
Avaya has confirmed it's looking at possible takeover bids for the company after a number of expressions of interest. The company ...

Mitel makes USD 2.2-2.4 bln bid for Avaya - report

Published 26 Apr 2019 11:49 CET | World
Mitel has made an offer for Avaya at USD 20-22 per share, or USD 2.2-2.4 billion, the Wall Street Journal reported, citing ...





Calendar   /   Industry Events

19 Jan Netflix Q4 2020
19 Jan Telefonica Germany Strategy Update
21 Jan Intel Q4 2020
21 Jan Modern Times Group EGM
::: More Calendar Items