Mitel Completes Sale of Mobile Business

February 28, 2017

Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business communications, today announced the completion of the sale of its Mobile Division announced on December 19, 2016 to the parent company of Xura, Inc. Cash proceeds from the sale will be used to pay down Mitel's existing credit facility.

The sale reflects Mitel's strategy to focus the company on the Unified Communications and Collaboration (UCC) market as digital transformation accelerates demand for cloud-based business communications solutions globally.

Investor Analyst Day in New York on Tuesday, March 7, 2017

Mitel will host a meeting for analysts and institutional investors at the LeParker Meridien Hotel in New York City on Tuesday, March 7, 2017.

Senior members of Mitel's management team will host a series of presentations and be available to answer analyst and investor questions.  Product demonstrations will also be a featured part of the presentation program.  The event will begin at 8:00 a.m. ET and conclude by approximately 11:30 a.m. ET.  A live audio webcast and replay of the event will be made available on the Investor Relations section of Mitel's website at www.mitel.com.
           
Analysts and institutional investors interested in attending should please contact Michael McCarthy, Vice President - Investor Relations for Mitel at michael.mccarthy@mitel.com to confirm their attendance.

A propos de Mitel

Parmi les leaders mondiaux dans le domaine des communications d’entreprise en rendant possibles plus de 2 milliards de connexions chaque jour, Mitel permet aux entreprises de se connecter, de collaborer et aux fournisseurs de services de proposer des services innovants à leurs clients. Notre innovation et nos experts sont au service de plus de 70 millions d’utilisateurs dans plus de 100 pays.

Pour en savoir plus, visitez notre site https://www.mitel.com/fr-fr ou suivez-nous @Mitel_FR sur Twitter

Mitel est une marque déposée de Mitel Networks Corporation.

Toutes les autres marques sont la propriété de leurs détenteurs respectifs.

Informations de contact

Camille Beasley, Media

Tel: 469-212-0433

Email: camille.beasley@mitel.com

Denise Hogberg, Industry Analysts

Tel: 469-212-0434

Email: denise.hogberg@mitel.com

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