AP&T Network Worth Roughly $18 million
According to this report Alameda Power & Telecom’s telecom division is worth about $18 million, or roughly 24 to 25% of the accumulated $80 million of debt.
The report states that the municipal operator in Lowell, Michigan, sold their cable system to Comcast in 2007 for $3.5 million, or roughly $1,887 per subscriber. That would value Alameda Power & Telecom’s network, with roughly 10,000 subscribers at $18,870,000
