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It expects it to be a swift, streamlined process with minimal disruption to customers, employees, vendors and partners. 

Operations outside the U.S., Canada and some business segments in the United Kingdom are not included in the bankruptcy filing, and its global operations should operate normally.

Mitel says support from most of its existing lenders and US$124.5 million in new financing will help it increase liquidity so it can seize new opportunities in hybrid communications. 

Chief executive Tarun Loomba says Mitel is confident the steps it's taking will make it a stronger company. 

This report by ºÃÉ«tvwas first published March 10, 2025.