Springfield Sells City Cable Company - WMBB News 13 - The Panhandle's News Leader

Springfield Sells City Cable Company

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The City of Springfield is retiring as a cable company, but the service isn't going away.

At a special call meeting, Friday, they sold their equipment and property to another company who has agreed to continue service.

The company, called Fibercast, currently provides cable, phone and Internet services to multiple areas of New Hampshire.

The City of Springfield posted a listing about their equipment on a website called govdeals.com and after a few offers, they made a deal.

Fibercast will take over at the first of the year and be able to provide digital channels to customers within a week.

They don't anticipate an interruption of service, although they say the prices will change just a bit and the line-up might be a little different as well.

The mayor says this is a great opportunity because it saves the city a lot of time and money.

 "Not only are we getting the $33,000 but I'm estimating it would have cost the city another $20,000-$25,000 in man power and equipment to remove all the cable lines once we closed," said Mayor Ralph Hammond. "So, actually we are looking at closer to $60,000 if we look at what would have been involved with removing it."

"This is exciting for us actually, I'm quite happy," said Gent Cav, Fibercast President. "Besides coming down to Florida the warm weather, I think this is going to be a good opportunity for us and for the people as well." 

Ultimately Fibercast says they hope to install fiber optic cable technology and also offer Internet to its customers.