NEWS & EVENTS
The Wall Street Journal Profiles Avaya
Avaya Inc. is hardly a household name. But this unlikely survivor of the telecom bust has emerged as a leader in the surging market for Internet phone-calling equipment.
Today as Avaya plans to report the first annual profit of its short life on revenue of about $4 billion, it finds itself in a rather surprising position. The once-troubled company, which was unceremoniously spun out by Lucent Technologies Inc. four years ago, is slugging it out with some of the biggest names in technology — chiefly, with computer-networking giant Cisco Systems Inc. — for major contracts to install this cutting-edge phone gear.
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