Avaya: How we arrived at Chapter 11

Avaya John Sullivan, CFA, VP and Corporate Treasurer, Avaya Inc. I have been asked how a company that reports strong financial results can at the same time file for chapter 11 restructuring. How did we, Avaya – one of the top competitors in business communications – arrive at this juncture? After looking at the multiple options of how to deal with our debt, we decided it was a critical next step in our transformation from a hardware company to a software and services company and the best path forward for our customers, partners and employees.To read this article in full or to leave a comment, please click here