How A Promising Idea in Groton Went Terribly Wrong

January 6, 2013

It started as a promising idea with a potential return: Build an independent cable company, give viewers choice against Comcast and eventually turn a profit.

Groton City, with its record of managing successful public utilities, went all in.

From 2006 to 2008, the city borrowed $34.5 million to build and expand a network called Thames Valley Communications from Gales Ferry to the Rhode Island line. Then they set about making the company profitable.

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