A group in Burlington is looking at the idea of buying Burlington Telecom.
"Keep Our Telecom Local" wants to form a cooperative to purchase the cable provider from the city.
The group recently surveyed 600 Burlington residents on the idea. It says the majority were in favor of saving BT from an outside takeover or losing it entirely. Organizers would like to attract 1,000 possible members within the next two months and say that number could climb to 4,000 within a year. The group says Burlington would need to resolve the millions it may owe Citibank and that additional financing would be needed to repay what's owed to taxpayers.
"I don't think the city can hold on to it. I think there is a problem with a municipally owned competitive telecom business and therefore I started thinking, what might work," said Alan Matson of Keep Our Telecom Local.
The group hopes to share its idea and a possible business model with the public. A public meeting on the topic is slated for Thursday night at 7 p.m. at the Edmunds Elementary School cafeteria.
Friday, May 24 2013 12:44 PM EDT2013-05-24 16:44:50 GMT
Heavy rains have caused more flooding problems around our region, and the situation could get worse as the rain continues to fall over the holiday weekend. So far, the impact has mainly been seen in roadMore >>
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Friday, May 24 2013 9:51 AM EDT2013-05-24 13:51:55 GMT
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Friday, May 24 2013 4:14 PM EDT2013-05-24 20:14:58 GMT
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Friday, May 24 2013 4:37 PM EDT2013-05-24 20:37:30 GMT
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All the rain is running into larger streams and rivers that are moving rapidly toward flood stage.More >>
Friday, May 24 2013 12:48 PM EDT2013-05-24 16:48:57 GMT
The heavy rains have left a lot of people with flooded basements. We want to remind people of potential dangers before tackling that mess. First, shut off power to all basement appliances. Don't touchMore >>
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Friday, May 24 2013 4:24 PM EDT2013-05-24 20:24:06 GMT
The bad weather has forced the postponement of the annual Memorial Day parade in Essex. The parade is held annually on the Saturday morning of the holiday weekend. But after all the rain and flooding damageMore >>
The bad weather has forced the postponement of the annual Memorial Day parade in Essex.More >>
Friday, May 24 2013 9:55 AM EDT2013-05-24 13:55:28 GMT
Four people behind bars this morning, charged with kidnapping and burglary. Brattleboro police say just before 1 p.m. Thursday, a group of people forced two women into a car at gunpoint. Police caughtMore >>
Four people behind bars, charged with kidnapping and burglary.More >>
Friday, May 24 2013 9:58 AM EDT2013-05-24 13:58:10 GMT
A Massachusetts man is dead after an ATV crash in Concord. Police say just before 10 p.m. Thursday night, 42-year-old Frank Baker Junior was driving an ATV off of Leonard Hill Road when he lost controlMore >>
A Massachusetts man is dead after an ATV crash in Concord, Vt. More >>