The future of the City of Burlington’s municipally owned internet and telephone utility remains uncertain after two parties failed to reach an agreement on a collaborative purchasing and operations effort.
Burlington Mayor Miro Weinberger announced Friday evening that company Ting “narrowly failed to secure" approval from co-op Keep Burlington Telecom Local.
The deal would allow KBTL to own up to 20 percent of Burlington Telecom. The plan would also include the city’s negotiated ownership interest.
The mayor says he will be working with the city council in the coming days to resolve the issue.