The Canada-based business communications provider issued a statement on Monday confirming its bankruptcy protection filing after days of speculation in the media to that end. Naturally, it puts a ...

Today, Mitel Networks Corporation (Mitel) announced it has filed for Chapter 11 bankruptcy protection which will enable Mitel to recapitalize its debt and reorganize and “optimize its global ...

Mitel Networks Corporation, an Ottawa-based telecommunications company under the global Mitel Group, obtained an interim stay of proceedings under the Companies' Creditors Arrangement Act (CCAA) after ...

Mitel Networks filed for bankruptcy on Monday after continued financial struggles despite a debt deal in 2022, which led to creditor infighting. Mitel, owned by private-equity firm Searchlight Capital ...

Investing.com -- S&P Global Ratings has downgraded Mitel Networks (International) Ltd.’s issuer credit rating from ’ CCC (WA: CCCP)’ to ’D’ following the company’s filing for Chapter 11 bankruptcy ...