Federal Communications Commission Chair Pai to step down in January
December 1, 2020
Federal Communications Commission Chairman Ajit Pai announced he intends to leave the regulatory agency on Jan. 20, 2021, when the President-Elect Joe Biden will move into the White House. Pai, who since Hurricane María has been responsive to the problems Puerto Rico and the U.S. Virgin Islands faced in the wake of the deadly storm, […]
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Puerto Rico Fast Ferries challenges maritime transportation P3 contract
November 25, 2020
Puerto Rico Fast Ferries LLC, a company that has been providing supplemental services to the government’s Maritime Transportation Authority (MTA) for ferry connections between Puerto Rico, Vieques and Culebra, has filed a legal challenge against the recent 23-year public-private partnership concession granted to HMS Ferries Inc. to take over the operation. In a 56-page legal […]
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CDC: ‘Travelers should avoid all travel to Puerto Rico’
November 23, 2020
The Centers for Disease Control issued a warning over the weekend, telling people to avoid all travel to Puerto Rico, “as it may increase your chance of getting and spreading COVID-19.” The agency placed Puerto Rico on the highest level of threat of contagion — level four — where the incidence rate is more than 100 cases […]
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Chick-fil-A sets eyes on Puerto Rico, registers brand and corporation
November 19, 2020
Atlanta-based Chick-fil-A Inc. has opened a call for potential franchisees to bring the restaurant chain to Puerto Rico, according to its website. In preparation for that, over the past three months, the family owned and privately held operation has registered a local corporation at the Puerto Rico State Department and has filed a request to […]
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’20 edition of ‘Orange Wednesday’ campaign starts Nov. 25
November 19, 2020
The 2020 edition of “Orange Wednesday,” a campaign that encourages Puerto Rico consumers to do their holiday shopping at local businesses, is slated to start Nov. 25, event organizers confirmed. Empresarios por Puerto Rico, the trade organization in charge of the effort that made its debut in 2016 to give local merchants a chance to […]
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T-Mobile moves forward with 5G expansion in Puerto Rico
November 18, 2020
T-Mobile Puerto Rico has doubled its LTE broadband capacity islandwide through the integration of Sprint’s network and is moving forward with 5G expansion with the addition of more than 100 new 2.5GHz coverage sites in 45 municipalities. The upgraded network is expected to benefit customers through greater capacity and speed in high traffic areas, said […]
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Puerto Rico gov’t unveils $135M Aguadilla airport runway project
November 18, 2020
Puerto Rico government officials headed by Gov. Wanda Vázquez announced the $135 million construction project of a new 8-26 runway at the Rafael Hernández International Airport in Aguadilla. The five-year project will be financed with federal grants and the Puerto Rico Ports Authority’s own funds, making it the largest infrastructure project in Puerto Rico and […]
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Simon Property moving forward on Taubman merger
November 16, 2020
Five months after breaking off talks to buy rival mall operator Taubman Centers, Simon Property Group Inc. announced that the two have reached a definitive agreement to move ahead with the merger, after modifying certain terms of the agreement. The parties agreed to reduce the merger price to $43 per share in cash — down […]
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Restaurant owner sues Las Catalinas mall for $1M over COVID-19 closure
November 16, 2020
Vota Inc., which runs the Casa Mofongo Xpress restaurants, is suing the owners of the Las Catalinas Mall in Caguas for $1 million over losses related to the closure of the shopping center during the COVID-19 pandemic and other claims included in a lawsuit filed at the U.S. District Court for Puerto Rico. In its […]
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Subway to open 9 new co-branded stores as it expands Puerto Rico business model
November 13, 2020
The Subway restaurant chain in Puerto Rico has begun expanding its concept with the addition of the first of nine co-branded concept stores that incorporate partners Acai Express, Mama DeLuca’s, and Red Mango, company executives confirmed. The first 2,400 square-foot megastore opened about a month ago in Arecibo, following a $1 million investment, said Rosa […]
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Ferries del Caribe restarts Puerto Rico/DomRep passenger service
November 10, 2020
Eight months after shutting down its maritime connection between Puerto Rico and the Dominican Republic due to the COVID-19 pandemic, Ferries del Caribe announced it resumed passenger service between both islands over the weekend. “We’re more than ready to resume passenger travel, after obtaining the endorsement of the Puerto Rico Department of Health, the Centers […]
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HMS Ferries Inc., gov’t begin transition of Vieques/Culebra ferry service
November 10, 2020
HMS Ferries Inc., a subsidiary of the Hornblower Group, and the Puerto Rico Maritime Transportation Authority (MTA), announced the start of the transition process for the operation and maintenance of the island’s maritime transportation systems. The system includes service between Cataño and San Juan and between Ceiba, and the island municipalities of Vieques and Culebra […]
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Liberty’s parent co. ‘raring to go’ on building upon its AT&T acquisition
November 9, 2020
A few days after closing its $1.95 billion all-cash acquisition of AT&T Puerto Rico’s local and U.S. Virgin Islands assets, Liberty Latin America is “raring to go” on building upon what the new assets will bring to local subsidiary Liberty Puerto Rico. In a conference call to discuss its third quarter results, Liberty Latin America CEO […]
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Puerto Rico bankruptcy filings -31% year-over-year in October
November 5, 2020
The U.S. Bankruptcy Court in Puerto Rico saw a whopping 31% drop in activity in October, when 419 cases were filed, in comparison to the 762 cases filed for the same month last year. During the first 10 months of the year, filings dropped by 32.7% to 4,342 cases, when compared to the 6,452 petitions […]
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Liberty Latin America adds 1M new customers as part of AT&T acquisition
November 3, 2020
Liberty Latin America completed its acquisition of AT&T’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands over the weekend, in a deal worth $1.95 billion and that will add more than 1 million wireless subscribers and contracts to the new owner’s footprint. The deal also includes AT&T’s estimated 1,300 employees; network […]
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