A Shawano company that has made an offer to purchase Waupaca Online can expect to see a counter offer from the city of Waupaca by the end of this week.
“We thank you for your offer. We talked about it at length,” Mayor Brian Smith told Jim Bertram, of Granite Wireless. “We’d like to make a counter offer.”
The mayor’s comments came after the Waupaca Common Council spent approximately 30 minutes in closed session Tuesday, Aug. 21, discussing Granite Wireless’ offer to purchase the city’s high-speed, wireless Internet service.
The highlights of the company’s offer include:
• A $3,000 purchase price.
• Granite Wireless paying the city $250 per customer that migrates to its system. There are about 240 customers, and Waupaca Online installers would have to perform that work.
• The company wanting the city to secure free rent on the Mount Tom tower that is owned by SBA Tower.
• Granite Wireless not assuming the city’s contract with AT&T.
• The city receiving two free Internet connections.
Late last spring Waupaca Online was again put on the market after the company that had planned to buy the utility gave the city notice that it was taking its offer off the table.
Northern Telephone Data, of Oshksoh, told the city that the connection in Weyauwega did not have enough bandwidth for the speed it wanted.
The company’s offer was a price of $225,000. The Common Council had approved it in February.