The dispute between Comcast and the Regional Educational Technology Network entered a new phase today, with RETN officials calling on the telecom giant to release its overdue audit of the nonprofit's finances.
After contract talks stalled, Comcast asked state regulators to absolve it from giving money to RETN to provide educational programming on Channel 16 for parts of Chittenden County. That led to the two sides inking a deal to keep RETN funded while they hammered out their issues.
Comcast says RETN has failed to file timely reports with the Public Service Board (PSB), a charge RETN admits and has worked to correct. Station officials say they have rectified the past problems and put in place procedures to ensure they will not continue. Comcast has also questioned what RETN has purchased.
As part of the deal they struck, RETN agreed to provide Comcast with selected budget items to be audited. They have, and met with the auditor between March and May.
RETN officials say Comcast told the Public Service Board that it would have the auditor's report ready for a mid-May conference. That time has come and gone.
“We are confident the auditor’s final report will show that, aside from our previously acknowledged tardiness, Comcast’s allegations of financial mismanagement are false,” said Scott Campitelli, RETN executive director. “We believe RETN has fully addressed Comcast’s concerns and now it’s time for Comcast to address ours.”