The stock of MITEL NETWORKS CORPORATION (TSE:MNW) is a huge mover today! About 19,225 shares traded hands. MITEL NETWORKS CORPORATION (TSE:MNW) has risen 3.23% since April 21, 2016 and is uptrending. It has underperformed by 2.18% the S&P500.
The move comes after 5 months positive chart setup for the $1.13 billion company. It was reported on Nov, 25 by Barchart.com. We have $10.25 PT which if reached, will make TSE:MNW worth $90.40 million more.
Another recent and important MITEL NETWORKS CORPORATION (TSE:MNW) news was published by Wsj.com which published an article titled: “Mitel Networks to Acquire Polycom for Nearly $2 Billion” on April 15, 2016.
MNW.TO Company Profile
Mitel Networks Corporation, incorporated on January 31, 2014, is a well-known provider of business communications and collaboration software, services and solutions. The Firm operates through three divisions: Enterprise, Cloud and Mobile. The Enterprise segment sells and supports services and products for premise customers. The Cloud segment sells and supports products that are deployed in a cloud environment. The Mobile segment sells and supports software telecommunications networking solutions that enable mobile service providers to deliver IP voice, video, rich communications and enhanced messaging services to their subscribers. Through direct and indirect channels, as well as technology partnerships, the Company serves clients in the United States and the rest of North and South America (collectively, the Americas), Europe, the Middle East and Africa (collectively, EMEA) and Asia-Pacific regions. The Company’s product portfolio includes premises and cloud enterprise communications infrastructure products and solutions, unified communications and collaboration (UCC) and contact center applications and a range of service offerings.
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