Regulation & Compliance
C1 bankruptcy update
Regulation & ComplianceC1 Bankruptcy: $1.8 Billion in Debt, Company Partially Blames AvayaC1 Bankruptcy: $1.8 Billion in Debt, Company Partially Blames Avaya
The C1 bankruptcy filing shows the IT service provider seeks to clear $1.2 billion in debt, blames losses on interest rates, problems with an OEM partner and credit downgrades.