Braintree electric sells 20-12 months-previous world wide web business to Comcast

BRAINTREE — At a time when other close by municipalities are contemplating getting into the internet enterprise, the Braintree Electric powered Mild Section is acquiring out.

The light commission voted this 7 days to permitted the sale of its municipal broadband service to media big Comcast. The sale cost was undisclosed. The sale effects 2,500 buyers, and the transition will begin this thirty day period.

In a statement, BELD Common Manager William Bottiggi mentioned the town-owned utility lately executed a review which confirmed a multi-million financial investment in the broadband network would be necessary above the following few many years to keep good quality of services.  Considering that the provider is self-supporting, he mentioned this would imply a major increase in costs.

Comcast corporate office.

“We are happy of our 20-yr historical past as a major world wide web Provider Company and are sincerely thankful for our customers’ loyalty,” Bottiggi mentioned in a assertion. “Our leading precedence has always been our prospects, and we keep on to believe of their most effective passions even though adjusting to market place circumstances.  Just after assessing our alternatives, we are self-confident the most effective selection is to connect our business enterprise with Comcast’s ideal in-class network, products and solutions, expert services and buyer practical experience.”