Unified communications vendor Avaya has finally emerged from Chapter 11 protection from bankruptcy in the US with completion of its debt reconstruction plan.
Unified communications vendor Avaya says it expects to emerge from the restructuring of its business by the end of this year after the United States Bankruptcy Court for the Southern District of New York confirmed its reorganisation plan.
Global communications company Avaya has seen a dip in revenue of US$1 million down to US$803 million for the third fiscal quarter which ended on June 30 compared to the prior quarter.
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