T-Mobile doubles local 4G network speeds to 42Mbps
May 26, 2011
Just seven months after flipping the switch on its 4G network, T-Mobile announced Thursday a $5 million network enhancement that duplicates theoretical peak speeds to 42 megabits per second, throughout a considerable footprint in Puerto Rico.
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Iberia moving in with partner American Airlines at LMM
May 26, 2011
American Airlines and partner Iberia announced Thursday they will be sharing the same terminal and counter space at the Luis Muñoz Marín Airport, starting Saturday.
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Sprint announces upcoming launch of next-generation network
May 26, 2011
Five months after its stateside parent announced it, Sprint Puerto Rico officials confirmed the upcoming local launch of its 4G Network Vision blueprint to deploy a cost-effective, innovative network plan to further enhance voice quality and data speeds for customers across the United States. When available, Sprint’s Network Vision is expected to consolidate multiple network […]
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Wireless competition heats up as summer approaches
May 26, 2011
The competitiveness level among the island’s wireless carriers, which never seems to take a break, is peaking again this week as four of the five industry players turn to the media to announce new devices and services.
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FirstBank launches multi-pronged ‘green’ strategy
May 26, 2011
Looking to become “One with the environment,” FirstBank Puerto Rico launched a multi-pronged corporate responsibility campaign Wednesday using that very slogan.
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American Airlines signs off on LMM privatization plan
May 25, 2011
The Gov. Luis Fortuño administration’s efforts to privatize the Luis Muñoz Marín International Airport seems to be moving forward as American Airlines, the facility’s largest carrier tenant, recently agreed to sign off on the plan, The Wall Street Journal reported.
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San Germán’s Hospital de la Concepción receives recognition
May 25, 2011
The Puerto Rico Hospitals Association recently named Hospital de la Concepción in San Germán “2011 Hero” for its 500 years of health care services, particularly to residents of the island’s southwestern region. “Aside from celebrating our people’s daily efforts to care for our community’s physical and spiritual well-being, we commemorate 500 years of humanitarian work […]
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Doral Mortgage launches $1.5M ad campaign
May 25, 2011
Doral Mortgage, a division of Doral Financial Corporation, launched Wednesday a new $1.5 million multimedia advertising campaign to tout the benefits of its services. The bank chose local comedian Raymond Arrieta as spokesman of the campaign focused on the “knowledge and service make a difference in your mortgage experience” tagline. “Raymond Arrieta is a much-loved […]
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Fortuño administration files new cruise ship industry law
May 25, 2011
Slightly more than a month before the island’s current cruise ship incentives law expires, the Gov. Luis Fortuño administration filed Wednesday a new bill that would expand the scope of benefits offered to a sector that generates $245 million for the local economy.
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Obama’s June visit to P.R. to be short but meaningful
May 25, 2011
President Barack Obama’s visit to the island in about three weeks will be brief, but will mark nearly half a century since John F. Kennedy’s visit in 1961. That was the last time the island, a U.S. jurisdiction, welcomed a sitting U.S. president. On June 14, Obama will lead members of the White House Task […]
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DDB buys majority stake in EJE, creating DDB˚ Latina Puerto Rico
May 25, 2011
Following a 15-year courtship, local advertising agency EJE Sociedad Publicitaria has agreed to enter into a corporate marriage with long-time business partner DDB Worldwide, giving birth to DDB˚ Latina Puerto Rico, executives from both companies announced Tuesday.
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Advent-Morro pumps $5M into La Familia pawnshop chain
May 24, 2011
Private equity firm Advent-Morro announced Tuesday it is investing $5 million in pawnshop chain La Familia to support its expansion plans in Florida and Puerto Rico.
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Payá restaurant closes its doors
May 24, 2011
Contemporary criollo bistro Payá closed its doors abruptly on Tuesday, leaving only a note on the door of the restaurant located at City View Plaza in Guaynabo.
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Congressman blasts FDA for lax oversight of J&J’s P.R. plants
May 24, 2011
The head of the U.S House of Representatives Oversight Committee, Rep. Darrell Issa (R-Calif.), recently blasted the U.S. Food & Drug Administration for failing to properly monitor Johnson & Johnson’s McNeil unit in Las Piedras, which last year got into trouble for production flaws that led to massive recalls.
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El Blok hotel in Vieques to open December ’12
May 24, 2011
Nearly three months after announcing the approval of a $3.5 million loan to facilitate the construction of a new boutique hotel in Vieques, Economic Development Bank officials participated Monday in the groundbreaking for what in December 2012 should become the El Blok boutique hotel.
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