There was never a dull moment for Puerto Rico’s telecommunications and technology sectors, which have been seemingly unscathed by the island’s economic woes. Companies continued to invest aggressively in their networks throughout 2012 to launch new next-generation products and services.
Puerto Rico’s banking sector began seeing black this year, as the institutions began to slowly turn their finances around. A consolidation took place between Oriental and BBVA, while Doral struggled to remain above water.
If there was one issue on most people’s minds this year was the state of Puerto Rico’s economy. Experts from all walks of life seemed to weigh in on the subject, concurring on a tough situation that has been slow to show signs of improvement.
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