A Duffield firm’s bid to acquire BVU’s OptiNet division has reached a “critical stage” after failing to finalize an agreement by a March 31 deadline.
Sunset Digital Communications has thus far failed to reach an agreement with the Cumberland Plateau Company — a full partner with BVU in its four-county service area — after weeks of negotiations. CPC must approve the agreement for Sunset to succeed BVU as operator of the fiber-optic telecommunications division.
Missing the deadline doesn’t kill the deal, which was first announced in February 2016, BVU Authority board Chairman Saul Hernandez said.
