Claro TV lays out proposed IPTV offer
August 5, 2011
Hundreds of channels, “a la carte”-like programming and cutting edge features based on a $60 million platform are some of the features that Claro TV is ready to offer island customers through the Internet-based cable television service it is proposing to launch.
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TRB schedules hearing to weigh public interest of granting Claro TV franchise
August 5, 2011
A hearing slated to let the public and paid television industry players offer their opinions on whether Claro TV’s request for a cable television franchise is in the public interest may not take place Monday at the Telecommunications Regulatory Board if petitions the company filed to block it are granted.
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CNE: Debt ceiling deal harmful to fiscal health
August 3, 2011
The approved plan to increase the United State’s debt ceiling will not solve the country’s fiscal problem, and could actually worsen it by reducing economic activity on the short- and mid-term, Sergio Marxuach, policy director for the Center for the New Economy said Tuesday.
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Ayustar ISP faces $25K FCC fine for crossing signals with LMM safety systems
August 2, 2011
Internet Service Provider Ayustar Corp. is facing a $25,000 fine from the Federal Communications Commission for allegedly operating a transmission system that is interfering with the Federal Aviation Administration’s Terminal Doppler Weather Radar, News is my Business learned.
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P.R. bankruptcy filings drop 30% in July
August 2, 2011
Puerto Rico’s bankruptcy levels continued their downward trend last month, when the total number of companies and individuals who turned to the U.S. Bankruptcy Court for help was reduced by 30 percent in comparison to the same month in 2010.
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AT&T to regulate speeds for ‘unlimited’ heavy users
July 30, 2011
AT&T dropped a bomb Friday on unlimited data plan smartphone customers who use their devices so much they fall into that top 5 percent that clogs up the network during any given billing cycle.
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Claro bids $11.2M to pick up additional wireless licenses
July 30, 2011
This week, Claro bid close to $11.2 million for six wireless licenses auctioned off by the Federal Communications Commission, which it could use to improve or expand its mobile services, News is my Business learned Friday.
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Cement sales reflect 6% year-over-year drop in June
July 18, 2011
Puerto Rico’s cement sales, a key economic indicator, decreased by 6 percent last month in comparison to the same month in 2010, the latest Government Development Bank figures reveal.
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The DRS Group buys Pro Image Corp., seeks to break into 3 more markets
July 18, 2011
Document scanning, imaging and conversion company The DRS Group recently expanded its footprint into Puerto Rico, with the acquisition of Pro Image Corporation, for an undisclosed amount.
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CNE: Treasury’s revenue collections estimates no sign of economic improvement
July 15, 2011
The Treasury Department’s preliminary year-end General Fund report released Wednesday showing an uptick in revenue collections may not necessarily be a sign of real economic improvement, the Center for the New Economy said Thursday upon analyzing the results.
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Housing Stimulus program moves 12,491 dwellings representing $2.1B in sales
July 12, 2011
Puerto Rico home sales generated during the first 10 months of the government’s Housing Stimulus 2011 program reached 12,491 new and existing units, reflecting an increase in activity of 37.5 percent compared with the same period in 2010, the Puerto Rico Housing Finance Authority officials said Tuesday.
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Bankruptcies down 15% in June
July 1, 2011
Island bankruptcy cases for the month of June were down 15 percent, with personal cases filing the most marked drops, a preliminary tally from Boletín de Puerto Rico released Friday showed.
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Netflix on-demand video streaming available in P.R.
July 1, 2011
Twelve years after launching its on-demand video streaming service in the U.S. mainland and Canada, Netflix Inc. has finally included Puerto Rico in its footprint, opening the door for thousands of island residents wanting to subscribe to the service directly or via their video game devices.
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DirecTV earmarks $13M for projects, upgrades
June 28, 2011
Satellite television provider DirecTV is wrapping up its 12th year of operations on the island with a $13 million investment in new projects slated through the end of 2011.
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Planning Board: Exports up 10.2% in first 8 months of Fiscal ’11
June 27, 2011
Puerto Rico's exports during the first eight months of fiscal 2011 increased by 10.2 percent to more than $50 million, from the $45.4 million on record for fiscal 2010, according to the latest figures released by the Puerto Rico Planning Board.
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