Strategic Group Divesting VoIP Division
According to an announcement released by Strategic Group, its subsidiary Shift Networks is merging with Broad-Connect Telecom Inc., an IP telephony company that maintains offices across Canada. Having engineered and commercialized a national level platform whereby a range of telephony solutions and unified communications (UC) are provided, Shift Networks offers small to medium-sized businesses throughout the country with Voice over IP (VoIP) phone services.
Once the merger is complete, customers from both companies will benefit greatly by having a broader telephony solution than what currently exists. In addition, customers will enjoy a service infrastructure on a full national platform that includes critical mass. No offices are expected to close as part of the merger.
The merger between Shift Networks and Broad-Connect Telecom Inc. will coincide with Strategic Group’s strategy of providing value to industries outside of its core commercial real estate. Riaz Mamdani, CEO of Strategic Group, stressed that the merger is another successful business venture resulting from eight years of hard work and dedication.
Insight into Strategic Group
Strategic Group owns, manages, and develops properties throughout Canada, including apartments as well as office and retail space. Although the company takes a creative and somewhat unconventional approach, it always delivers on the core values of real estate. This unique approach is clearly represented in the company mantra, which reads, “Creating value others can’t by seeing what others don’t.”
Strategic Group in Alberta is among the largest privately held real estate companies in Canada, reaching property owners across the country. This fully integrated company owns, manages, develops, redevelops, leases, and repurposes its own portfolio for their use.
Strategic Group stands firm on its values regarding people, community, and business. Its people have a genuine desire to learn, grow, and have fun at the same time. While the commitment to the community focuses on impact, pride, and legacy, the business goal includes growth, sustainability, and longevity.
Although real estate remains the primary focus, Strategic Group owns businesses in a number of additional industries, including building services, telecom, construction, corporate finance, technology, agriculture, and even pet care.