Ketchikan considers telecommunications division sale

Posted: Monday, May 25, 2009

KETCHIKAN - The Ketchikan City Council has again voted to put its phone and Internet division up for sale.

The action requires voter approval. Voters rejected a similar sale in 1996.

Council members voted Tuesday to authorize brokerage firm Falkenberg Capital Corp. of Denver to start working toward a sale.

Councilman Lew Williams III says he was disappointed in the failure by voters to sell the division 13 years ago and that it won't attract a price close to the $30 million offered then. Williams said if the city doesn't sell, the division will "wither on the vine" in the face of increasing competition and changing technology.

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