MARKET COMPOSITE
AVYA - Avaya Holdings Corp.
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$0.00
+ 0.00 (0.00%)
Avaya Holdings Corp., through its subsidiaries, provides digital communications products, solutions, and services for businesses worldwide. The company operates through two segments, Products & Solutions and Services. The Products & Solutions segment offers unified communications and contact center platforms, applications, and devices. This segments unified communications and collaboration solutions enable organizations to provide their workers with a single application, or app, for all-channel calling, messaging, meetings, and team collaboration with the same ease of use as existing consumer apps; and contact center solutions enable customers to build a customized portfolio of applications driving customer engagement and customer value. Its communications solutions include voice, email, chat, social media, video, performance management, and third-party integration. The Services segment provides global support services, enterprise cloud and managed services, and professional services. The company also provides business devices, such as IP-enabled handsets, multimedia devices, and video conferencing systems. Avaya Holdings Corp. sells directly through its sales force, as well as indirectly through its network of channel partners, including distributors, service providers, dealers, value-added resellers, system integrators, and business partners. The company has a strategic collaboration with RingCentral, Inc. to accelerate the company's transition to the cloud. The company is headquartered in Durham, North Carolina.
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    RingCentral, Inc. (NYSE:RNG) Q4 2022 Earnings Call Transcript February 15, 2023 Operator: Good afternoon, and welcome to the RingCentral Fourth Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode. After today’s presentation, there will be an opportunity to ask questions. Please note, this event is being recorded. I would now like […]

    All participants will be in listen-only mode [Operator instructions] After today's presentation, there will be an opportunity to ask questions. Joining me today are Vlad Shmunis, founder, chairman, and CEO; Mo Katibeh, president and chief operating officer; and Sonalee Parekh, chief financial officer.

    The cloud-based communications provider sees slower-than-expected growth but better-than-anticipated profitability.

    Avaya shareholders are learning their shares may end up being worthless as the Durham telecom enters bankruptcy.

    Avaya said upon completion of the restructuring process it will reduce its total debt by more than 75%, from nearly $3.4 billion to about $800 million. The new capital is "expected to provide substantial liquidity to support Avaya during the process and beyond," it said. Avaya had said there was substantial doubt about its ability to continue as a going concern in light of a debt maturity in 2023, according to a Wall Street Journal report in December, which cited people familiar with the matte...

    Telecommunications-equipment and software provider Avaya has filed chapter 11 for the second time. A new deal will wipe out most of its debt.

    After weeks of speculation, Avaya Holdings Corp. has filed for Chapter 11 bankruptcy reorganization.

    Avaya Holdings Corp. said Tuesday that it and all of its U.S. subsidiaries filed for bankruptcy, a little more than five years after emerging from its previous bankruptcy. The business communication company said it entered a financial restructuring agreement that will reduce its debt by more than 75%, from $3.4 billion to about $800 million.

    MORRISTOWN, N.J., February 14, 2023--Avaya Holdings Corp. (NYSE: AVYA) ("Avaya" or the "Company"), a global leader in solutions to enhance and simplify communications and collaboration, today announced that it has entered into a Restructuring Support Agreement (the "Financial Restructuring") with overwhelming support of more than 90% of the Company’s secured lenders (the "Investor Group"). Implementing the Financial Restructuring will accelerate Avaya’s ongoing business transformation, significa

    RALEIGH-DURHAM, N.C., February 09, 2023--Avaya announced CRN named John Lindsley, VP of North America Channel Sales at Avaya, to its 2023 Channel Chiefs list.