Braintree electric sells 20-year-old internet business to Comcast
BRAINTREE – As nearby municipalities are considering entering the internet business, the Braintree Electric Light Department is getting out.
The light commission voted this week to approved the sale of its municipal broadband service to media giant Comcast. The sale price was undisclosed. The sale affects 2,500 customers, and the transition will begin this month.
In a statement, BELD General Manager William Bottiggi said the town-owned utility recently conducted a study which showed a multimillion-dollar investment in the broadband network would be needed over the next few years to maintain quality of service. Since the service is self-supporting, he said that would mean a significant increase in rates.
“We are proud of our 20-year history as a top internet service provider and are sincerely thankful for our customers’ loyalty,” Bottiggi said in a statement. “Our top priority has always been our customers, and we continue to think of their best
