I used to live in a community that had a publicly owned Cable TV network in the metro Boston area. It started off great. Cheaper than the neighboring cities. Better service. Then it went downhill. They didn't have the heft to negotiate carriage contracts with the new channels, so they languished at about 15-20 channels, while everyone else was in the 50-100 channel range (yes, this was a long time ago). When it came time to invest in new infrastructure, things like the senior center, a new high-school football stadium, or nicer bathrooms at the park took priority. Then the service started to suck as "John" got hired to run the infrastructure, whose main qualification was that he was a cousin of the town administrator. Eventually the town got pissed and passed a referendum to sell to the major company in that area (who eventually sold to Comcast).