Latest news with #Mitel
Yahoo
01-07-2025
- Business
- Yahoo
Mitel Announces New Board of Directors to Enhance Leadership and Accelerate Momentum in the UC Market
Seasoned leaders from communications, telecom, and software join as Mitel accelerates its hybrid communications strategy OTTAWA, Ontario, July 01, 2025--(BUSINESS WIRE)--Mitel, a global leader in business communications, today announced its new Board of Directors, led by Tony Abate as Chair. Following the company's successful financial restructuring, the newly appointed board will provide strategic direction as Mitel implements its strategy to meet the rising demand for hybrid communications and drive long-term, sustainable growth. Tony Abate – Chairman of GTT Communications and Tacora Resources; 35-year veteran in scaling infrastructure, software, and technology platforms Marc Lefar – Former CEO of Vonage and RentPath; CMO of Cingular Wireless (AT&T); Former Director of IPC Systems, cxLoyalty and ClassPass; track record of steering companies through strategic pivots, scaling businesses and advising leadership teams Marika Lulay – Current director at Aareal Bank, EnBW and FAZ GmbH; former CEO of GFT Technologies SE; recognized leader in enterprise digital transformation Mike Robinson – Former CEO of Sungard AS, Former CEO of Broadview Networks, Former CFO of US LEC, and Chairman of Everstream Solutions; proven leader of global infrastructure businesses, driving growth and large-scale transformations Carl Wiese – Former CRO of HP/Poly and President, Global Sales & Service of Blackberry; decades of global go-to-market leadership in unified communications These seasoned industry veterans join directors Tarun Loomba, Mitel's President & CEO, and Peter Wollman, Portfolio Manager for Invesco's Global Private Credit Group. "As we step into Mitel's next phase, a board that pairs operational rigor with strategic vision is essential," said Tarun Loomba, Mitel President & CEO. "Tony, Marc, Marika, Mike, and Carl have each led companies through pivotal transformations. Their guidance and expertise will be invaluable as we optimize our portfolio, deepen channel partnerships, and deliver value for our customers in critical industries around the world." As part of the company's restructuring plan, the new board has been carefully recruited to provide specific subject matter expertise, strategic governance, and functional support to the management team as Mitel seeks to increase value for its customers, partners, employees, and stakeholders. "Unified communications sit at the heart of modern critical infrastructure," added Tony Abate. "Mitel's global installed base, channel strength, and enhanced balance sheet, combined with the significant market opportunity, position the company to capture increasing demand for secure, flexible, and AI-powered communications. I look forward to supporting the Mitel team as we focus on building durable, profitable growth." Founded in 1971, Mitel has spent over 50 years driving innovation and shaping the Unified Communications (UC) landscape. The board appointments come at a critical juncture for Mitel, a global leader in business communications that powers communication for 75+ million users across 100+ countries. This announcement follows a series of notable milestones, including Mitel's recent financial restructuring, Mitel's continued partnership with Zoom, Mitel's OpenScape Voice platform achieving JITC certification, the launch of Mitel Unified Communications Accelerator, powered by L-SPARK Select, and the general availability of Mitel's AI-powered customer experience (CX) management platform, Mitel CX. To learn more about Mitel, visit More Information Detailed Biographies: Mitel Board of Directors About Mitel A global market leader in business communications powering more than two billion business connections, Mitel helps businesses and service providers connect, collaborate, and provide innovative services to their customers. Our innovation and communications experts serve business users in more than 100 countries. For more information, go to and follow us on LinkedIn and X @Mitel. Mitel is the registered trademark of Mitel Networks Corporation. All other trademarks are the property of their respective owners. View source version on Contacts Media ContactsMitel Public Relationspr@ Kelsie JohnsonInkhouse for Mitelmitel@
National Post
01-07-2025
- Business
- National Post
Mitel Announces New Board of Directors to Enhance Leadership and Accelerate Momentum in the UC Market
Article content OTTAWA, Ontario — Mitel, a global leader in business communications, today announced its new Board of Directors, led by Tony Abate as Chair. Following the company's successful financial restructuring, the newly appointed board will provide strategic direction as Mitel implements its strategy to meet the rising demand for hybrid communications and drive long-term, sustainable growth. Article content Tony Abate – Chairman of GTT Communications and Tacora Resources; 35-year veteran in scaling infrastructure, software, and technology platforms Marc Lefar – Former CEO of Vonage and RentPath; CMO of Cingular Wireless (AT&T); Former Director of IPC Systems, cxLoyalty and ClassPass; track record of steering companies through strategic pivots, scaling businesses and advising leadership teams Marika Lulay – Current director at Aareal Bank, EnBW and FAZ GmbH; former CEO of GFT Technologies SE; recognized leader in enterprise digital transformation Mike Robinson – Former CEO of Sungard AS, Former CEO of Broadview Networks, Former CFO of US LEC, and Chairman of Everstream Solutions; proven leader of global infrastructure businesses, driving growth and large-scale transformations Carl Wiese – Former CRO of HP/Poly and President, Global Sales & Service of Blackberry; decades of global go-to-market leadership in unified communications Article content These seasoned industry veterans join directors Tarun Loomba, Mitel's President & CEO, and Peter Wollman, Portfolio Manager for Invesco's Global Private Credit Group. Article content 'As we step into Mitel's next phase, a board that pairs operational rigor with strategic vision is essential,' said Tarun Loomba, Mitel President & CEO. 'Tony, Marc, Marika, Mike, and Carl have each led companies through pivotal transformations. Their guidance and expertise will be invaluable as we optimize our portfolio, deepen channel partnerships, and deliver value for our customers in critical industries around the world.' Article content As part of the company's restructuring plan, the new board has been carefully recruited to provide specific subject matter expertise, strategic governance, and functional support to the management team as Mitel seeks to increase value for its customers, partners, employees, and stakeholders. Article content 'Unified communications sit at the heart of modern critical infrastructure,' added Tony Abate. 'Mitel's global installed base, channel strength, and enhanced balance sheet, combined with the significant market opportunity, position the company to capture increasing demand for secure, flexible, and AI-powered communications. I look forward to supporting the Mitel team as we focus on building durable, profitable growth.' Article content Founded in 1971, Mitel has spent over 50 years driving innovation and shaping the Unified Communications (UC) landscape. The board appointments come at a critical juncture for Mitel, a global leader in business communications that powers communication for 75+ million users across 100+ countries. This announcement follows a series of notable milestones, including Mitel's recent financial restructuring, Mitel's continued partnership with Zoom, Mitel's OpenScape Voice platform achieving JITC certification, the launch of Mitel Unified Communications Accelerator, powered by L-SPARK Select, and the general availability of Mitel's AI-powered customer experience (CX) management platform, Mitel CX. To learn more about Mitel, visit Article content Article content Article content Article content Article content Contacts Article content Media Contacts Article content Mitel Public Relations pr@ Article content
National Post
26-06-2025
- Business
- National Post
Mitel Launches Enhanced Global Partner Experience to Fuel Hybrid Communications Growth
Article content New partner program and experience streamlines tools, resources, and incentives by aligning partner success with Mitel's strategy to lead in hybrid communications Article content OTTAWA, Ontario — Mitel, a global leader in business communications, today introduced a new global partner experience designed to empower partners to grow alongside Mitel as it accelerates its hybrid communications strategy. The program unifies Mitel and Unify partner ecosystems under a single, modern framework, delivering a simplified, scalable experience backed by streamlined tools, harmonized incentives, and integrated systems. Article content Mitel is making strategic investments to better support how partners engage, sell, and grow as the global unified communications (UC) and contact center markets experience rising demand for hybrid solutions. This is driven by a customer need for a better way to address the complexity of managing and controlling the adoption of emerging technologies like AI, the realities of managing data privacy and security threats, and mitigating any risk of business disruption. To help partners capitalize on this market opportunity, Mitel is improving tools, expanding marketing and demand generation programs, enhancing partner and sales enablement, and deepening customer engagement. With a strong portfolio already in place, Mitel is focused on equipping its ecosystem to execute more effectively and capture the growing opportunity in hybrid communications. Article content 'This new global experience demonstrates our commitment to growing with our partners,' said David Petts, Chief Sales Officer at Mitel. 'By simplifying how we work together and enabling greater scale across SMB, mid-market, and enterprise opportunities, we're building a channel strategy that's clear, focused, and built for long-term success. When our partners grow, Mitel grows, and we enable better business outcomes for our customers. Together, we're positioned to lead in one of the most dynamic segments of business technology.' Article content Complexity is Driving Demand for Hybrid Communications Article content Business communications are evolving rapidly as organizations prioritize secure, resilient, and highly specialized infrastructure across diverse industries and user types, from frontline workers and remote employees to dispatchers and clinical teams. As complexity grows, so does the need for deployment models that offer more control over technology adoption, security, and resiliency. Across industries and company sizes, customers are demanding communication strategies that offer greater choice, control, and protection of existing investments. This is leading to a clear shift away from one-size-fits-all models and toward hybrid and multicloud strategies. Article content 92% of IT leaders in the US and Europe are prioritizing hybrid communications (2024 global survey of 1,954 organizations conducted by Mitel and Techaisle) 86% of organizations expect to rely on hybrid or multicloud environments, with 39% highlighting the need for an equal blend of integrated premise and cloud solutions (Frost & Sullivan) Article content Mitel's hybrid portfolio, managed services, global scale, and 6,000+ partner community positions the company to lead through this market transformation and positions its partners for outsized growth in this next phase of market evolution. Article content 'As enterprise communications become more complex, organizations are gravitating toward providers that offer both flexibility and depth, especially in hybrid environments,' said Zeus Kerravala, Principal Analyst of ZK Research. 'Mitel is uniquely positioned to lead in this space, with a strong portfolio, deep global footprint, and a proven track record in mission-critical deployments. The launch of this unified partner experience is a clear signal of Mitel's ongoing commitment to its channel and its recognition that partners are central to capturing the next wave of enterprise growth.' Article content The New Partner Experience Article content The global partner experience reflects Mitel's commitment to delivering value across four key dimensions of its channel strategy: Article content Expanding Market Focus – Enabling partners to serve customers better and to strengthen hybrid offerings that make communication easier for everyone in an organization, from the frontlines to the back office. Innovation & Incumbent Advantage – Supporting customer expansion through differentiated hybrid solutions, including Mitel CX and Mitel's Hybrid Zoom Experience Global Partner Program – A single, integrated program that enables higher-revenue opportunities through cross-sell motions and enhanced customer success offers [ie, SWA and managed services] Simplified Partner Experience – Optimizing toolchain, processes, and digital resources to increase partner engagement, speed, and efficiency Modern PRM Platform – A centralized Salesforce Communities portal for access to deal registration, enablement materials, training, and support for easier, faster engagement Article content The rollout of the new partner experience is currently underway. Full integration and access for all partners will be phased throughout 2025. For more information about Mitel's partner program, please visit the program page on Article content About Mitel Article content Mitel is a global leader in business communications, providing businesses with advanced communication, collaboration, and contact center solutions. With more than 70 million users across over 100 countries, Mitel empowers organizations to connect, communicate, and collaborate seamlessly, with the flexibility and choice they need to thrive, both now and for the future. Through proven experience and innovative solutions, Mitel delivers communications without compromise. For more information, go to and follow us on LinkedIn and X @Mitel. Article content Article content Article content Article content Article content
Business Wire
23-06-2025
- Business
- Business Wire
Mitel Emerges from Financial Restructuring, Significantly Reducing Debt and Poised to Drive Hybrid UC Leadership
OTTAWA, Ontario--(BUSINESS WIRE)--Mitel Networks Corporation, (together with certain affiliates, 'Mitel' or 'the Company'), a global leader in business communications, today announced that it has successfully completed its financial restructuring to position the business for sustainable, long-term success. As a result, Mitel has a significantly stronger balance sheet and capital structure, well-positioned to optimize its global operations and drive profitable and efficient growth. Through this process, the Company has reduced its debt by approximately $1.15B, reduced annual cash interest payments by approximately $135M, and raised approximately $125M of new funding in aggregate to support its go-forward operations. These improvements enhance Mitel's financial flexibility and better enable the Company to execute its strategic priorities while continuing to meet customers' needs. This concludes the final phase of Mitel's proactive efforts to right-size its capital structure and accelerate its strategy as a market leader. With a fortified balance sheet and 92% of organizations prioritizing hybrid*, Mitel's strategy is focused on delivering hybrid innovation and AI capabilities that meet the rising enterprise demand. Serving more than 70 million users in over 100 countries, Mitel will continue to drive innovation that delivers everyday value to customers as they maximize the value of existing investments, adopt emerging technologies like AI, and address specialized requirements in the most demanding industries and geographies through a hybrid communications strategy. 'Today marks a fresh start for Mitel,' said Tarun Loomba, President and Chief Executive Officer of Mitel. 'With the weight of legacy debt lifted, we are focused on accelerating our hybrid communications leadership. We have a portfolio designed to provide enterprise customers with secure, reliable, and modern communications solutions, and a strong financial position that will take us well into the future. We are excited to continue expanding workforce communications experiences and enhancements to vertical solutions for frontline workers, Mitel CX, and our jointly developed hybrid solution with Zoom throughout the year. We appreciate the continued trust of our employees, customers, partners, and vendors throughout this process and look forward to continuing to lead the way in unified hybrid communications for years to come.' 'As we completed this process swiftly and decisively, the business maintained momentum that is reflected in a strong year-over-year Q1 performance,' said Janine Yetter, Mitel Chief Financial Officer. 'Our Q1 results remained consistent with notable year-over-year growth in Germany and solid gains in UC and contact center revenue. Our healthier balance sheet is now appropriately aligned to an organization of our size, and our Q1 performance positions us well to accelerate the execution of our strategic plan with a continued focus on delivering flexible, secure, and mission-critical hybrid communications solutions.' Mitel User Group Board President Cas Rangel shared, 'Today marks a new chapter for Mitel, and with it, a renewed sense of optimism for the future of telecommunications. Emerging from restructuring is never a simple journey—but it's a clear signal of strength, focus, and forward momentum. I believe customers can expect a stronger, more agile, and more responsive partner that's better positioned to innovate, support, and deliver lasting value.' Additional resources about Mitel's financial restructuring can be accessed by visiting the Company's restructuring website at *According to About Mitel Mitel is a global leader in business communications, providing businesses with advanced communication, collaboration, and contact center solutions. With more than 70 million users across over 100 countries, Mitel empowers organizations to connect, communicate, and collaborate seamlessly, with the flexibility and choice they need to thrive, both now and for the future. Through proven experience and innovative solutions, Mitel delivers communications without compromise. For more information, go to and follow us on LinkedIn and X @Mitel. Mitel is the registered trademark of Mitel Networks Corporation. All other trademarks are the property of their respective owners.
National Post
23-06-2025
- Business
- National Post
Mitel Emerges from Financial Restructuring, Significantly Reducing Debt and Poised to Drive Hybrid UC Leadership
Article content Completes financial restructuring with improved capital structure, eliminating $1.15B of debt and reducing associated cash interest payments by approximately $135M annually Article content Focused on delivering AI-powered UC & CX solutions to enterprises globally Article content Continues to provide customers with secure, reliable, and flexible hybrid communications Article content OTTAWA, Ontario — Mitel Networks Corporation, (together with certain affiliates, 'Mitel' or 'the Company'), a global leader in business communications, today announced that it has successfully completed its financial restructuring to position the business for sustainable, long-term success. Article content As a result, Mitel has a significantly stronger balance sheet and capital structure, well-positioned to optimize its global operations and drive profitable and efficient growth. Through this process, the Company has reduced its debt by approximately $1.15B, reduced annual cash interest payments by approximately $135M, and raised approximately $125M of new funding in aggregate to support its go-forward operations. These improvements enhance Mitel's financial flexibility and better enable the Company to execute its strategic priorities while continuing to meet customers' needs. Article content This concludes the final phase of Mitel's proactive efforts to right-size its capital structure and accelerate its strategy as a market leader. With a fortified balance sheet and 92% of organizations prioritizing hybrid*, Mitel's strategy is focused on delivering hybrid innovation and AI capabilities that meet the rising enterprise demand. Serving more than 70 million users in over 100 countries, Mitel will continue to drive innovation that delivers everyday value to customers as they maximize the value of existing investments, adopt emerging technologies like AI, and address specialized requirements in the most demanding industries and geographies through a hybrid communications strategy. Article content 'Today marks a fresh start for Mitel,' said Tarun Loomba, President and Chief Executive Officer of Mitel. 'With the weight of legacy debt lifted, we are focused on accelerating our hybrid communications leadership. We have a portfolio designed to provide enterprise customers with secure, reliable, and modern communications solutions, and a strong financial position that will take us well into the future. We are excited to continue expanding workforce communications experiences and enhancements to vertical solutions for frontline workers, Mitel CX, and our jointly developed hybrid solution with Zoom throughout the year. We appreciate the continued trust of our employees, customers, partners, and vendors throughout this process and look forward to continuing to lead the way in unified hybrid communications for years to come.' Article content 'As we completed this process swiftly and decisively, the business maintained momentum that is reflected in a strong year-over-year Q1 performance,' said Janine Yetter, Mitel Chief Financial Officer. 'Our Q1 results remained consistent with notable year-over-year growth in Germany and solid gains in UC and contact center revenue. Our healthier balance sheet is now appropriately aligned to an organization of our size, and our Q1 performance positions us well to accelerate the execution of our strategic plan with a continued focus on delivering flexible, secure, and mission-critical hybrid communications solutions.' Article content Mitel User Group Board President Cas Rangel shared, 'Today marks a new chapter for Mitel, and with it, a renewed sense of optimism for the future of telecommunications. Emerging from restructuring is never a simple journey—but it's a clear signal of strength, focus, and forward momentum. I believe customers can expect a stronger, more agile, and more responsive partner that's better positioned to innovate, support, and deliver lasting value.' Article content Additional resources about Mitel's financial restructuring can be accessed by visiting the Company's restructuring website at Article content About Mitel Article content Mitel is a global leader in business communications, providing businesses with advanced communication, collaboration, and contact center solutions. With more than 70 million users across over 100 countries, Mitel empowers organizations to connect, communicate, and collaborate seamlessly, with the flexibility and choice they need to thrive, both now and for the future. Through proven experience and innovative solutions, Mitel delivers communications without compromise. For more information, go to and follow us on LinkedIn and X @Mitel. Article content Article content Article content Article content Article content Contacts Article content Media Contact: Article content
