With the looming debt owed in 2017 and the revenues declining, i don't see Avaya pulling out of this nose dive. That said there's a lot of customers that will be very worried about Avaya's health. Does that mean someone will buy a piece or the whole thing ? before of after chapter 11 ? Time will tell. Nortel went down this road too and if you need proof about corporate greed, they still haven't come out of bankruptcy despite selling patents for billions. It's sad to see companies whose roots originated from the invention of the telephone.. great corporations be reduced down to not even a shadow of their former selves. sad to see how businesses are managed these days.
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Exclusive: Genesys in bid to buy Avaya's call center business - sources
http://www.reuters.com/article/us-avaya-genesys-callcenters-exclusive-idUSKCN10G2CX
Yes when we bought Nortel from that time we are not No Tel just .Com.
Most enterprise on sale
As a premium telecom player, Avaya had a mark. As a "software" only provider, they're just another assetless failure waiting to happen.
Divestiture evened the playing field, but at what cost?
Things went wrong starting nortel acquisition
Avaya bought Nortel