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                THAMES VALLEY COMMUNICATIONS SIGNS ON AS PRESENTING SPONSOR OF GROTON PARKS AND RECREATION EVENTS

 

(Groton, Conn.) – Thames Valley Communications (TVC) has signed on as the exclusive Presenting Sponsor for the Groton Parks and Recreation 2014 summer special events. Through this relationship, TVC will have a presence at events including the Summer SoundWaves Concert Series at Esker Point Beach, Tour de Noank 5k road race, and Thames River Celebration on the Thames.

The exclusive Presenting Sponsor level is the highest level of sponsorship for the summer events and is the next step in the relationship between the cable TV, Internet, and phone provider and the Parks and Recreation department. This past fall, TVC sponsored the Wifi connection at William Seely School, providing free wireless Internet where the majority of Groton Parks and Recreation programs are held.

“We are pleased that Thames Valley Communication has chosen to partner with Groton Parks and Recreation,” said Mark Berry, Director of Groton Parks and Recreation. “This partnership is just another example of TVC’s commitment to the Groton community.”

William Pearson, CEO of TVC agreed. “Thames Valley is thrilled to support Groton Parks and Recreation. As a local business, this opportunity gives us a chance to give back to our customers, and we look forward to supporting and investing in our community for many years to come.”

Groton Parks and Recreation’s summer special events offer family friendly entertainment at the Summer SoundWaves Concert Series at Esker Point Beach and the Thames River Celebration on the Thames, and friendly competition with the Tour de Noank 5k Road Race and Kids Fun Run. More information about these events and more can be found at GrotonRec.com.

TVC is a cable TV, Internet and phone provider, serving Gales Ferry, Groton, Mystic, Stonington and Pawcatuck. Since TVC was acquired from the City of Groton in February 2013, the new owners have invested heavily in the company to improve products and services, and make TVC a strong competitive alternative to Comcast. Upgrades have included adding a large Video on Demand system as well as vastly improving Internet speeds, which are faster and less expensive than their competitor’s comparable offers. More information on the company is available at www.TVCconnect.com.

For more information about Groton Parks and Recreation special events and sponsorships please contact Kate Bradley at kbradley@groton-ct.gov or (860) 536-5007 or visit GrotonRec.com.

The Groton Parks and Recreation Department’s Mission is to provide quality leisure opportunities in a safe and healthy atmosphere and to enhance the quality of life of the community through the responsible management of fiscal and natural resources.

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A tall order for Thames Valley Communications

By Lee Howard Day Staff Writer

Article published September 15, 2013

Pearson TVC

TVC chief executive going after Comcast’s cable, phone, Internet Groton – As a college basketball player who once jostled on court with superstars Kevin McHale and Erving “Magic” Johnson, Thames Valley Communications chief William H. Pearson knows something about being an underdog.

But Pearson, the 6-foot-8 chief executive of the former municipal cable company, isn’t easily intimidated. While he never beat McHale or Johnson as a forward on the University of Wisconsin basketball team in the late 1970s, Pearson doesn’t flinch at taking on another nationally recognized entity, Comcast, in the cable, phone and Internet market.

With a stake in one of the only cable markets in Connecticut where there is direct competition, Pearson said he sees no reason why Thames Valley, known as TVC, couldn’t command half of the customers in its coverage area. The market includes Gales Ferry, Groton, Mystic, Stonington and Pawcatuck.

“All you have to be is as good as the other guys,” said Pearson, a Groton resident. “We think we’re better in many ways.”
It wasn’t always this way. Pearson said that when he took over the company from the City of Groton on Feb. 1, things were in a bad way. The city had not invested in new technology, resulting in slow Internet speeds and few on-demand TV options, he said.

Last week, Thames Valley announced that it had launched a new TVC On Demand option that replaced the “obsolete and unreliable” system previously in place. The new service offers more than 5,000 television episodes and movies, most of them available free of charge.  That’s about 10 times the number accessible under the old system acquired from the city. And Pearson said the company continues to add 100 to 150 new titles every day. The company also has added high definition television channels and expects to reach 75 to 80 HD offerings in the coming months.

Pearson said CTP Investors, which paid $550,000 to acquire TVC, has invested heavily in bringing service up to par. Among other improvements, he said, were free upgrades to TVC’s Internet service, which he claims are now faster and less costly than Comcast’s alternatives.

“We’ve done a lot in the last seven months,” he said. “We really wanted to make the investments to make it competitive.” Pearson said the latest upgrades have been well received, and satisfaction surveys conducted after recent installs have been overwhelmingly positive.
While improved speeds and services haven’t yet moved the needle on TVC’s customer base – a number Pearson would not reveal for competitive reasons – it has stemmed an outflow of cable subscribers that occurred in December and January after it had become public that the city-owned company had debt of $27.5 million.

Pearson, who said there are about 28,000 homes in TVC’s territory, hopes to grab anywhere between 40 to 50 percent of the market share. Groton is where the company remains strong, but he said as TVC approaches the Rhode Island border its numbers dwindle.
“In Pawcatuck and Stonington, we have virtually no resources,” he said.
TVC hopes to change customers’ habits by offering top Internet speeds and lower prices than Comcast as well as a higher level of service. TVC, unlike Comcast, also allows customers to tie into its analog system, which gives them the option of adding televisions without having to get a new box for each one.

TVC is concentrating on residential customers first, improving its operations, before focusing on the estimated 3,500 businesses in the region. The company, which inherited 18 employees from the city, now has well over 30 workers, if contract installers and sales people are included, Pearson said.

TVC also is working on developing new services, such as TV Anywhere, which will allow customers to access channels on their iPods and iPhones. It is looking into the possible launch of a home-security system as well, Pearson said.
“It’s important to customers, we have to offer it,” he said.
While changing customers’ perceptions about TVC might seem a daunting task, Pearson talks confidently about the business. A former director of business development at USWest International who went on to an international career in cable and fiber-optic networks, Pearson said investors in TVC see Groton as a possible springboard to acquire other cable operations around the country.
Key to the business is the Internet. While entertainment viewing may migrate to cheap options such as Netflix and Hulu, the Internet remains a platform that requires a cable delivery system for which people will pay.

“We think this is a great, long-term business,” Pearson said. “We need this business to be successful.”

l.howard@theday.com

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Thames Valley Communication Beefs Up Their Service for Free

The company said it has completed upgrades that would bring faster service to customers.

Posted by Jessie King (Editor), 
Stonington/Mystic Patch (http://groton.patch.com)

Thames Valley Communications, a phone, Internet and cable company with residential and business customers in Groton, Gales Ferry, Stonington and Pawcatuck said that it has recently completed upgrades and have boosted connection speeds “considerably.”

According to a report in The Day, the upgrades came at no cost to customers and they will soon see “more choice video-on-demand service, more HD channels and even faster internet speeds.”

Patch reported earlier that the cable company was recently sold by the City of Groton to CTP Investors, LLC for $150,000 after the city continued to lose money in the venture. Bill Pearson, the company’s new president and CEO said at the time, “We intend to be actively involved in the community. If we have one message for the citizens and businesses of the Thames Valley, it is that the TVC is here to stay and we hope you continue to support this local business.”

Call 860-446-4009 for more information about TVC or visit their website. 

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TVC says new upgrades will speed Internet service to customers in the region

By Lee Howard

Publication: The Day

Published 05/22/2013 12:00 AM

Groton – Thames Valley Communications announced this week that it has finished upgrades that will bring faster Internet service to its coverage area including Gales Ferry, Groton, Mystic, Stonington and Pawcatuck.

The privately owned cable TV, Internet and phone provider, recently sold by the City of Groton, said connection speeds have been boosted considerably and that customers should not see slowdowns at peak times.

The company said the upgrades were completed at no cost to customers.

“We have invested heavily in the three months since we acquired TVC to bring the best Internet, cable TV and phone service to Groton and Stonington, not only to our residential customers, but also to our business customers,” said Bill Pearson, TVC’s president and chief executive, in a statement. “In the coming months, you will see more choice in video-on-demand service, more HD channels and even faster Internet speeds… .”

TVC, which competes with Comcast in the only area of Connecticut that features a cable TV choice, has offices at 295 Meridian St. The city sold the business in February after losing millions of dollars on the previously government-run enterprise.

For more information about TVC, call (860) 446-4009 or visit www.TVCconnect.com.

l.howard@theday.com

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Thames Valley Communications Announces Start of New Ownership

GROTON, CT – February 1, 2013 – Today, Thames Valley Communications (TVC) officially transferred ownership to Council Tree Partners (CTP). The sale of TVC had been approved by votes from the City of Groton and the Groton Utilities Commission.

Thames Valley Communication will keep its current name and customer service center. Existing customers will continue to enjoy cable, internet and telephone services without interruption.

Bill Pearson will be TVC’s new President and CEO, and he has taken up full time residence in Groton.  He states that “We are very excited to be part of the new TVC.  We will be investing in TVC to provide, by far, the best cable, internet, and phone service in the Thames Valley, to our residential and business customers. Starting this year, customers will see more choice in video service, lightning fast internet, and extremely reliable phone service, all at an attractive price.”

“Unlike our nationally focused competitors, our employees live and work here, right in the Thames Valley, from Groton to the Pawcatuck River. We intend to be actively involved in the community. If we have one message for the citizens and businesses of the Thames Valley, it is that the TVC is here to stay and we hope you continue to support this local business. Please stay tuned for substantial new service improvements in the months ahead.”

“We are also excited to work with the dedicated employees of TVC and plan to grow jobs in the Valley as we grow TVC.  In fact, we have immediate new job openings in sales and invite all candidates to check out our careers tab at www.tvcconnect.com.”

“We applaud Mayor Galbraith, the Groton City Council and Paul Yatcko, the Director of Groton Utilities, for their fortitude to take on and solve this issue for the betterment of the residents and businesses of Groton.”

To subscribe to TVC, we invite you to call us at 860-446-4009, go to www.tvcconnect.com/ or visit us at our office in the City of Groton Municipal Building at 295 Meridian Street in Groton.

About CTP
CTP is an investment management firm focused on the cable TV, broadband and wireless sectors.  CTP looks to acquire businesses where, through active management and capital investment, it can substantially grow service offerings and business revenues over time.

CTP’s team is led by Bill Pearson, President and CEO, who brings 30 years of experience in cable TV, Internet and fixed and wireless telephone.  Bill is supported by Bob Hunt, Engineering Advisor, who has held a variety of senior level engineering roles in the cable television industry for over 20 years.
The CTP team is rounded out by the three principals of Council Tree Investors – George Laub, Steve Hillard and Jonathan Glass – who together have more than 50 years of experience investing in and building successful media and telecom businesses.