Co-op survives next step in bidding process for Burlington Telecom

Keep BT Local demonstrator. Photo by Bob LoCicero/VTDiggerBURLINGTON — A local co-op seeking to purchase Burlington Telecom will be among the two final bidders after a City Council vote Monday, much to the elation of supporters who packed City Hall.
Burlington Telecom is currently owned by a holding company that leases its assets back to the city, an arrangement reached nearly a decade ago when the fiber network was in dire financial straits. The city improperly plowed $17 million of Burli