Ottawa Citizen

Avaya sales rise 5 per cent

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Avaya Inc., the New Jersey giant of office phone systems and owner of Nimcat Networks of Ottawa, said sales rose five per cent to $ 1.36 billion U. S., beating analyst expectatio­ns in the fourth quarter ending in September. Profits fell more than 90 per cent to $ 48 million on restructur­ing costs and other factors.

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