Mitel Networks Corp Stock Nasdaq

Mitel Networks Corp is a Canada-based provider of business communications and collaboration software, services and solutions. Its communications solutions meet the needs of customers in over 100 countries. The Company operates as two business units: Enterprise and Cloud. Enterprise segment sells and supports products and services for premise-based customers. This includes the Company's premise-based Internet provider( IP) and time division multiplex (TDM) telephony platforms, desktop devices and unified communications and collaboration (UCC) and contact center applications that are deployed on the customer's premise. Premise-based sales are sold as an initial sale of hardware and software. The Cloud segment sells and supports products that are deployed in a cloud environment and billed on a monthly recurring basis. The Cloud segment is comprised of a retail offering and a wholesale offering.