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With Bids Due Soon, Here's What's Next In Burlington Telecom Sale

Vermont Public | By Jane Lindholm,

Liam Elder-Connors

Published June 1, 2017 at 5:15 PM EDT

The Burlington Telecom building. The City of Burlington hopes to have a buyer for Burlington Telecom lined up by the fall. The City Council will vote to eliminate one of three bids from the sale process. — Burlington Telecom's high-speed fiber-optic network serves the people of Vermont's largest city. A 2014 settlement with Citibank required the city to sell Burlington Telecom, and now bids are due on June 5.

The financial and ownership future of Burlington Telecom has been in flux for the past several years. The city is actually required to sell Burlington Telecom, and bids are due on Monday.

VPR's Liam Elder-Connors has been following this story, and joined Vermont Edition to talk about what led to the need to sell Burlington Telecom, some of the financial details involved and what the city is looking for in a buyer.

Listen to the full interview above. Broadcast live during the noon hour on Thursday, June 1, 2017; rebroadcast during the 7 p.m. hour.

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Jane Lindholm

Jane Lindholm is the host, executive producer and creator of But Why: A Podcast For Curious Kids. In addition to her work on our international kids show, she produces special projects for Vermont Public. Until March 2021, she was host and editor of the award-winning Vermont Public program Vermont Edition.

See stories by Jane Lindholm

Liam Elder-Connors

Liam is Vermont Public’s public safety reporter, focusing on law enforcement, courts and the prison system.

See stories by Liam Elder-Connors