Vecima Networks Inc. is considering “partnerships, alternative strategic business models, a sale of assets or other transactions,” the company said Wednesday. In a release, Vecima said it does not believe its share price accurately represents the current or potential value of its core technologies. Vecima, which designs, manufactures and sells products that enable broadband access, said it is retaining Stifel Nicolaus & Company Inc. as its financial adviser as it looks at new strategies. The company said Stifel will help its board evaluate “a range of strategic alternatives” to maximize value for Vecima shareholders. “During this process, we will remain focused on managing our growth in revenue and profitability which is driven by our investment in research and development and introduction of new products,” Surinder Kumar, chairman and CEO of Vecima, said in the release. Vecima's stock closed at $4.60 Wednesday after opening at $4.23. The company said it does not have a timeline for its strategic review. “There can be no assurance that the review will result in any specific action or transaction,” the release said. Vecima said in April that Xplornet Broadband Inc. purchased radio spectrum holdings from the company in the 3.5 GHz band for $7.3 million. Last year, it announced the sale of up to 36 spectrum licences for up to $19 million.