Burlington Telecom Draws Eight Bids, None From Telecom Giants | Off Message

Burlington Telecom Draws Eight Bids, None From Telecom Giants

by

Keep BT Local chair Alan Matson, at microphone, speaks at a BTAB meeting Wednesday. - SASHA GOLDSTEIN
  • Sasha Goldstein
  • Keep BT Local chair Alan Matson, at microphone, speaks at a BTAB meeting Wednesday.
The city received eight bids for Burlington Telecom — and none came from the 10 biggest national telecoms, officials said Wednesday.

Some city residents had objected to the idea of selling to a major outfit, said Burlington Telecom Advisory Board member David Provost. That fear won’t be realized based on the letters of intent the board received ahead of Monday’s deadline.

“The process has worked,” Provost said during a BTAB meeting Wednesday at Burlington City Hall. “The criteria set forth by the BTAB after public input, as well as the strategy to implement a deliberative sales process, have proven beneficial to position Burlington to find the right partner.”

The board said little publicly about the bids, and did not reveal dollar amounts. The highest bid was two and a half times the lowest.

While officials noted that price is important, the board and the Burlington City Council has laid out other factors and criteria for a potential buyer. The board plans to winnow the field down to three to five finalists and to present their bids to the the council sometime in July.

Dorman & Fawcett, the company that runs Burlington Telecom, briefed the council about the bids in executive session Monday.

One potential buyer is well known — Keep BT Local, a cooperative formed by city residents. The group’s chair, Alan Matson, spoke at Wednesday’s meeting, but did not reveal any more details about its offer.

After a brief public meeting, the board went into executive session to discuss the bids.

Mayor Miro Weinberger attended the board’s meeting. “Given what we saw Monday, I am optimistic that we will emerge from this with an outcome that will allow the city to move forward in exciting ways,” he said. “I’m pleased with where we are. It’s going to be an exciting summer ahead.”

Related Stories

Speaking of...

Tags

Comments

Comments are closed.

From 2014-2020, Seven Days allowed readers to comment on all stories posted on our website. While we've appreciated the suggestions and insights, right now Seven Days is prioritizing our core mission — producing high-quality, responsible local journalism — over moderating online debates between readers.

To criticize, correct or praise our reporting, please send us a letter to the editor or send us a tip. We’ll check it out and report the results.

Online comments may return when we have better tech tools for managing them. Thanks for reading.