Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, is pleased to announce the appointment of Martha Bejar to the company's Board of Directors. Ms. Bejar brings to Mitel broad corporate board experience in the information, communication, technology (ICT) sector, including most recently serving on the Board of Polycom, Inc. Director, Mitel Board of Directors In addition, Ms. Bejar brings a wealth of senior executive management experience driving and supporting innovation. She is co-founder and currently serves as CEO of Red Bison Advisory Group, LLC. Ms.
Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, today announced that it has closed a new credit facility that includes significantly improved terms as well as greatly enhanced capacity and flexibility to capitalize on the rapidly changing unified communications and collaboration (UCC) market. The new US$500 million credit facility will consist of a US$150 million term loan and a US$350 million revolving credit facility, both of which will mature in 2022.
Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, today announced that its Board of Directors has authorized a share buyback program. In a filing with the Toronto Stock Exchange (the "TSX"), the TSX has accepted the company's Notice of Intention to Make a Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, Mitel may purchase up to 7,816,574 Mitel Common Shares (the "Bid"), representing approximately 10% of its public float.
New partnership delivers professional-grade cloud communications and collaborationIntelisys supports 1700+ telecom agents, VARs, MSPs and IT solution providersMitel is trusted by more than three million cloud communications subscribersMitel® (Nasdaq:MITL) (TSX:MNW), a global leader in enterprise communications, announced today a partnership with Intelisys, North America's leading distributor of technology services for business communications.
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.
Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in enterprise communications, today announced financial results for the fourth quarter ended December 31, 2016.
Exceeds nearest competitor's total number of subscribers by 2X Achieves Gartner's highest score in 2016 for satisfying hybrid UC requirements use case* Extends limited-time offer for Avaya users and businesses considering Avaya**
Delivers access to real-time communications for the connected enterprise Extends Mitel's global footprint with expansion into ASEAN market Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in enterprise communications, today announced the further expansion of its business and global presence in the ASEAN region through a new distribution agreement with Exclusive Networks. As part of the agreement, Exclusive Networks will serve as a distributor of Mitel's MiVoice Business and MiContact Center offerings in Singapore, Malaysia and Thailand with other countries to follow.
Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications, today announced that it will release its fourth quarter 2016 financial results for the period ended December 31, 2016 before the market opens on Thursday, February 23, 2017. The company will host an investor conference call and live webcast at 8:30 a.m. ET (5:30 a.m. PT) on the same day. To access the conference call, dial 888-734-0328. Callers outside the US and Canada should dial 678-894-3054. The conference ID is 64504790.
Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in real-time business, cloud and mobile communications, today announced that it 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.