PUC approves sale of Burlington Telecom
Vermont Business Magazine The Vermont Public Utilities Commission on Tuesday issued an order granting certificates of public good to Champlain Broadband, and approving the sale of Burlington Telecom to Champlain Broadband, the local subsidiary of Schurz Communications from Indiana. This is the final stage of a process that the city began in 2014, with the resolution of the Citibank litigation and the transfer of assets to Blue Water Holdings, which allowed the city to stabilize its finances and improve its credit rating in order to save taxpayers millions.