Avaya Ready to Emerge from Chapter 11
Today is a new day for Avaya—and for our partners and customers. It is also a day that we have been planning and preparing for since we filed for chapter 11 last January. Now that we have the green light from the Court to begin our exit from chapter 11, we are ready to emerge as a stronger, healthier company, with amazing growth potential for our customers, partners and our people.
We have greater freedom to invest. We will emerge from chapter 11 with reduced debt and increased cash flow, giving us greater opportunities to invest in people, processes, and game-changing innovations.
We have re-engineered our operations. We are now sharply focused on accelerating innovation and delivering solutions with greater relevance for our customers and partners. We are committed to making it easier for customers and partners to do business with Avaya and to delivering excellence in execution—Avaya will be the company that says what it will do and does what it says.
We have modernized our technology. For the past 12 months, we have been focused on advancing our core platforms, making them faster and simpler to adopt and integrate new functionalities and leverage emerging technology trends. We are expanding our ability to meet the transforming needs and priorities of our customers with greater speed and agility—and enable them to create the outstanding experiences that inspire loyalty in their customers.
We have done all this with one goal in mind—to be ready to emerge from chapter 11 and move forward stronger than ever.
At Avaya, we’re ready to seize the day because we believe we are going to deliver a better tomorrow for our partners, our customers, and our people. We’re looking forward to sharing more about the new Avaya in the weeks and months to come.