In eras past, economic success depended on creating networks that could shift people, merchandise and electric power as efficiently and as widely as possible. Today’s equivalent is broadband: the high-speed internet service that has become as vital a tool for producers and distributors of goods as it is for people plugging into all the social and cultural opportunities offered by the web. Easy access to cheap, fast internet services has become a facilitator of economic growth and a measure of economic performance.
Burlington Telecom Fact Sheet
Publication Date:
July 14, 2008 
Much misinformation has been disseminated about Burlington Telecom (BT).
Here are the facts. BT is a city department of Burlington, Vermont, which owns a fiber-to-the-home network and offers triple play services (phone, cable, internet). The network depends entirely on subscriber revenues and is not subsidized in any form by the City. BT has saved the City money while being built entirely with investor money -- no tax dollars have been or will be used.
BT remains current on its debt service, is adding 40 subscribers a week and has a take rate above 40% in the area it first began offering services.
Comments
Post new comment