Avaya is another Nokia, who also failed to adapt/innovate and live on past glories and legacy cash cows, struggling to stay relevant without any relevant products!
Nokia' s CEO stated the oil rig on fire analogy '...a man standing on an oil platform in the North Sea and facing a raging fire on multiple fronts – who has no choice but to jump into freezing water to survive. We are standing on a burning platform'. Trouble is, Avaya has yet to accept the fact and they continue to stare at the flames, wondering what to do! Avaya's debt mountain since 2000 spin-off and private equity asset strippers sealed Avaya's fate.
This should not be buried under replies. The original is here: @Ipmj+1iDzyNQ3