Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Mitel Networks Declines on First Day of Trading on Nasdaq

Mitel Networks Corp., the Canadian telecommunications equipment maker, fell on the first day of trading after cutting the price of its initial public offering.

The shares traded at $12.35 at 11:49 a.m. on Nasdaq, down 12 percent from the IPO price of $14. Mitel raised $147 million in the sale, and had expected to sell shares at $18 to $20 each, according to its prospectus.

*T *T

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.