On January 19, 2017, Avaya announced that it has commenced a process to restructure its balance sheet to better position itself for the future. To facilitate this restructuring, Avaya filed for Chapter 11 bankruptcy protection.
After conducting a strategic review of its business, Avaya determined that a restructuring under Chapter 11 is the best path forward. By filing Chapter 11, Avaya has the opportunity to improve its capital structure and resolve its debt issues.
Avaya is focused on minimizing disruption to its customers, partners and employees and does not expect to experience any material disruption as a result of its Chapter 11 filing.
ConvergeOne is in an exceptional position to support and service our Avaya-based customers. In addition to serving as Avaya’s largest business partner, we offer a wide breadth of industry leading solutions and financial offerings across private cloud and ConvergeOne Cloud platforms. During 2016, our Avaya business grew as our customers implemented new technologies. Our most recent Net Promoter Score of 61 places us in an elite category of service providers.
ConvergeOne is here for you – providing the same strong and dedicated customer service you have come to expect from us.
If you have any questions, please don’t hesitate to contact your ConvergeOne partner/NAM directly.
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