0
Broadband

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

Friday 26 April 2019 | 11:49 CET | News
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 sources familiar with the matter. The deal could be announced next month, but could also not work out, the sources added. A combined company could better compete with Cisco, the report added.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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 makes takeover offer for Avaya - report

Published 20 Aug 2019 08:51 CET | World
Mitel has made a takeover offer for Avaya valuing the combined group at USD 5 billion including debt, Bloomberg reported. The ...

Mitel supports communications for MLB London Series games

Published 16 May 2019 11:57 CET | United Kingdom
Mitel has partnered with Major League Baseball (MBL) to power on- and off-field communications during the Mitel and MLB Present ...

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 ...

Avaya considering leveraged buy-out offer from private equity firm - report

Published 28 Mar 2019 11:55 CET | World
Global telecoms equipment and software provider Avaya Holdings is considering a leveraged buy-out offer from a private equity ...

Avaya appoints new CFO, ups profit in Q1

Published 11 Feb 2019 15:18 CET | World
Revenues for the quarter to end December went to USD 739 million, a decline from the year before's 752 million but higher than ...

Private equity group to buy Mitel for USD 2 billion

Published 24 Apr 2018 13:14 CET | World
Mitel has agreed to be acquired by Searchlight Capital Partners in an all-cash transaction worth about USD 2.0 billion, including ...

Avaya exits chapter 11 after completing debt restructure

Published 18 Dec 2017 14:25 CET | World
Avaya announced that it has successfully completed its debt restructuring process and emerged from chapter 11 around 11 months ...





Calendar   /   Industry Events

20 Aug Africa Peering and Interconnection Forum
21 Aug Ice Group Q2 results
21 Aug Spark FY results
21 Aug Analog Devices fiscal Q3
21 Aug Zayo fiscal Q4
21 Aug Vodafone Iceland Q2 2019
21 Aug FTTH India Congress 2019
21 Aug Profile: KPN NL Business
22 Aug China Telecom H1 2019
22 Aug VMware fiscal Q2
22 Aug Sunrise Q2 2019
22 Aug Vocus FY results
22 Aug Sky NZ FY results
23 Aug Mobilezone H1 2019
25 Aug VMworld 2019 US
26 Aug Amaysim FY results
26 Aug Chrous FY results
26 Aug Bezeq Q2 2019
27 Aug Partner Communications Q2 2019
27 Aug Ooma Q2 2019
27 Aug ZTE H1 results
27 Aug Hewlett Packard Enterprise fiscal Q3
27 Aug Aviat Networks fiscal Q4
27 Aug Tamedia H1 2019
27 Aug MNF Group FY results
27 Aug Connected Health Summit
::: More Calendar Items