Avaya credit rating dropped to junk status in wake of Nortel buy

Posted on | December 21, 2009 | Comments Off

Avaya is now the undisputedly largest unified communications vendor, but its purchase of Nortel’s enterprise business has dropped the company’s investment rating to junk status, according to Moody’s Investors Service.

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Avaya credit rating dropped to junk status in wake of Nortel buy

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