Schurz Communications subsidiary Champlain Broadband has
closed a transaction to acquire Burlington Telecom in Vermont
Burlington Telecom has been a municipally
owned and operated advanced fiber optic network serving the city of Burlington , Vermont Burlington
With roots in publishing and broadcasting,
Schurz Communications has evolved its business strategy with the purchase of
cable, telco, broadband companies starting in 1968, according to a press
release. In February 2018, Schurz Communications announced that it had acquired
leading compliant hybrid cloud provider Online Tech. An additional investment
in the cloud infrastructure assets of Neverfail was announced in December 2018
and highlighted the company’s interest in expanding Online Tech’s presence on a
global scale, according to the release.
Privately held Schurz announced in January its
intention to sell its publishing division to GateHouse Media. GateHouse Media
is expected to assume ownership during the first quarter of 20 regional papers
and several special publications in Indiana , Maryland , Michigan , Pennsylvania and South
Dakota
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