Mitel Crosses Two Million Cloud Subscribers Milestone

Expands Market Share Lead as #1 Vendor for Cloud Business Communications Worldwide

OTTAWA, March 23, 2016 (GLOBE NEWSWIRE)
  • One out of four cloud communications users prefers Mitel over other brands
  • Mitel subscribers exceed those of the nearest competitor by 2X

Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications, today announced a milestone achievement as it surpassed the mark for two million cloud business communications subscribers, further advancing its industry lead. This latest milestone, reflecting the addition of more than 70,000 seats since the beginning of the year, comes on the heels of a record fourth quarter for Mitel with cloud revenue growth of 44 percent.

The acceleration of Mitel's cloud business is in line with the latest report from Synergy Research Group*, published earlier this month, which shows Mitel remains the market share leader for global cloud business communications.

Quotes

"Our business has more than doubled over the last few months and our previous solution wasn't able to scale to meet our needs or deliver the mobile experience we required," said Matt Harrell, chief executive, NA-Comm. "In the IT consulting business, we couldn't afford to wait for things to change, so we changed them by moving to Mitel. With the Mitel solution and its mobile-first platform, our business is able to scale unhindered while giving us the capabilities to work wherever and whenever we need to."

"Demand for cloud communications continues across the globe as businesses of all sizes look for more flexible solutions and commercial options," said Jon Brinton, executive vice president and general manager, Mitel Cloud. "Whatever individual needs a business might have, Mitel has the unique ability to help them reap the benefits of cloud communications by providing the best path to the cloud—whether private, hybrid, public or mobile."

*Cloud Business Communication Market Share Report Worldwide 4Q 2016

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About Mitel

A global market leader in enterprise and mobile communications powering more than 2 billion business connections and 2 billion mobile subscribers every day, Mitel (Nasdaq:MITL) (TSX:MNW) helps businesses and mobile carriers connect, collaborate and provide innovative services to their customers. Our innovation and communications experts serve more than 60 million business users in more than 100 countries, and 130 mobile service providers including 15 of the top 20 mobile carriers in the world. That makes us unique, and the only company able to provide a bridge between enterprise and mobile customers. For more information, go to www.mitel.com and follow us on Twitter @Mitel.

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Contact Information

Media – Americas
Camille Beasley
469-212-0433
camille.beasley@mitel.com

Media – EMEA/AP
Duncan Miller
+44 (0) 1291 612 646
duncan.miller@mitel.com

Investors
Michael McCarthy
469-574-8134
michael.mccarthy@mitel.com

Industry Analysts
Amy MacLeod
613-691-3317
amy.macleod@mitel.com