Telecom company Mitel files for bankruptcy to cut $1 bln in debt
Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection, seeking to complete a restructuring that will eliminate $1.15 billion in debt. Mitel entered bankruptcy with $1.3 billion in debt.
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https://www.reuters.com/legal/litigation/telecom-company-mitel-files-bankruptcy-cut-1-bln-debt-2025-03-10/