VARINDIA IT MAGAZINE

Avaya has released a statement on August 7, 2017, announcing that it has filed an amended plan of reorganization and disclosure statement, with the support of major stakeholders, representing an important milestone in the company’s restructuring process and giving a “clear and viable path to emerge from Chapter 11 in the near term”.  Vishal Agrawal, Managing Director, India and SAARC, Avaya, said that while Avaya Inc. has been working through the Chapter 11 process in the US, India business has progressed strongly. “This agreement provides a clear and viable path to exit Chapter 11 in line with our strategy. This is an important milestone as we work to emerge as a strong and competitive company in the coming weeks.” Read More

Avaya met with Telangana IT Minister Kalvakuntla Taraka Rama Rao , where a number of initiatives were discussed to support the state’s ambitious plan to become India’s leading state for technology innovation. IT Minister Rama Rao presented to Avaya’s CEO Kevin Kennedy the pillars of Digital Telangana initiative , a grand plan to build and deliver connectivity to more than 8.5 million households with more than 32 million people living in rural areas and other parts across the Telangana state. The project is scheduled to be completed by the end of 2018. IT Minister Rama Rao explained to the Avaya leaderships that investing in the state of Telangana cannot be matched anywhere in the world. “Our self-certification system enables any investor to self-certify quickly and easily, recent legislation that makes our bureaucrats accountable, the abundant, and strategically located land and our human resources that are being trained to offer investors skilled resources from T...