Good news for Mitel recently as during Q1 of 2014, it captured the top spot for total PBX/IP-PBX Extensions market share in both Western Europe and in Europe, Middle East and Africa (EMEA).
The achievement comes as a result of strong performance in the United Kingdom, France, Germany, the Netherlands, Belgium, Sweden and Switzerland. These regions, as well as strength in North America, led to Mitel getting the No. 3 spot for the global IP Extensions market and the No. 4 for the global PBX Extensions market, as well, based on data from recently released studies by MZA Ltd.
Stephanie Watson, general manager at MZA, said in a statement that, "Looking at it through the lens of the North American market where IP Extensions account for the majority of shipments, Mitel's share story is also stronger with the company holding the #3 position behind only Cisco and Avaya."
Two other reasons the achievements are particularly noteworthy are that the market is “highly competitive” and is undergoing consolidations, the statement adds. In fact, Mitel says it has “reaffirmed its dominance in key markets” and “firmly established brand position in new and developing regions as a result of enhanced product diversity and depth.”
In addition, Rich McBee, president and CEO of Mitel, said in the statement that the company’s “market leadership is a direct reflection of the confidence that our channel partners and customers have in the new Mitel, our expanded portfolio – both premise and cloud - and our ability to address the market needs for businesses of all sizes."
The news comes as Mitel, too, has earned more than $1 billion in combined annual revenue, and has 60 million customers globally. Late last year, Mitel Networks announced it was going to acquire Aastra Technologies in a deal valued at about $400 million, in both cash and stock.