Mitel back on track as industry consolidator
It was a strange kind of quarter for Mitel, the telecommunications software company chaired by Terence Matthews. The Kanata firm on Thursday reported third-quarter revenues of $241.5 million, up three per cent year over year. (All figures U.S.)
It also recorded a net loss of $26.8 million compared to profit of $25.1 million during the same period a year ago.
But the summary data told you very little about what’s really going on.
Mitel is undergoing an epic upheaval in markets, techno
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