Vermont proposes providing broadband internet service to all state residents
I live in Vermont and I&#x27;m tentatively excited about this. Unfortunately, our municipal internet provider in Burlington, VT was financially a disaster [1].<p>The tax payers put up a bunch of money. Burlington Telecom was mismanaged into defaulting on its debts causing the city&#x27;s bond rating to fall to nearly junk bond status. It was sold at a loss to a private company. [2]<p>Very disappointing considering how awesome Burlington Telecom is. I currently pay $35 for 1G symmetrical in my apartment building.<p>Hopefully if this statewide project goes through, they don&#x27;t repeat those mistakes.<p>[1] <a href="https:&#x2F;&#x2F;vermontbiz.com&#x2F;news&#x2F;2019&#x2F;march&#x2F;13&#x2F;citibank-fully-releases-burlington-335-million-bt-lawsuit" rel="nofollow">https:&#x2F;&#x2F;vermontbiz.com&#x2F;news&#x2F;2019&#x2F;march&#x2F;13&#x2F;citibank-fully-rel...</a> (Citibank fully releases Burlington from $33.5 million BT lawsuit)<p>[2] <a href="https:&#x2F;&#x2F;www.wcax.com&#x2F;content&#x2F;news&#x2F;The-Burlington-Telecom-saga-and-how-we-got-to-where-we-are-455070453.html" rel="nofollow">https:&#x2F;&#x2F;www.wcax.com&#x2F;content&#x2F;news&#x2F;The-Burlington-Telecom-sag...</a> (Burlington Telecom timeline: How did we get here?)