AT&T announces network upgrades for P.R. operation
February 15, 2011
(Photo Credit: Carlos Anguita) AT&T de Puerto Rico on Tuesday announced plans to beef up its local wireless network, adding cell sites and technology to enable fourth-generation transmission speeds. However, in an unusual twist to its announcement, the company withheld associated investment figures. Nevertheless, the island’s largest wireless carrier said its plans call for installing […]
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Proposed federal budget cuts a threat to P.R.
February 14, 2011
The $3.73 billion budget submitted Monday by the Obama administration for fiscal 2012, which begins in October, will have a yet unquantifiable impact on the island that will likely mean less money for communities and students.
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Public sector has everything to win from modernizing, embracing technology
February 14, 2011
The issue of transparency regarding public sector procedures has become especially relevant during these tough economic times. To achieve it, governments have turned to technology to expose their agendas -- often going online to offer reports and information to show constituents how taxpayer money is being spent.
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Smart Modular Technologies shutting down Aguada plant
February 10, 2011
California-based computer memory manufacturer Smart Modular Technologies announced Thursday it will be closing its Aguada plant due to a long-term production decline. The closing, which will leave 104 people jobless, will be finalized April 13, company spokeswoman Suzanne Craig confirmed. The company informed employees of the decision on Monday. As a result of the closing, […]
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Open Mobile avoids hefty FCC fine
February 7, 2011
Open Mobile, one of the five wireless carriers serving the Puerto Rico market, has been spared from paying a $20,000 fine to the Federal Communications Commission for faltering to adequately report how it goes about protecting subscribers’ private information. The federal watchdog waived the fine late last week, after Open Mobile submitted a certification stating […]
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Gasoline prices continue upward swing
February 3, 2011
As the local price for gasoline approaches — and exceeds — 80 cents per liter at the pump, the Consumer Affairs Department on Thursday warned that it will get even more expensive to fill the tank in coming days.
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Some 18,000 local homeowners faced foreclosure last year
February 1, 2011
Some 18,000 homeowners in Puerto Rico were facing the possibility of losing their homes to their mortgage bank as of November 2010, the Financial Institutions Commissioner’s office (OCIF, as it is known by its initials in Spanish) said Tuesday.
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PRT extends ‘Claro’ brand to all of its consumer services
January 24, 2011
The familiar Puerto Rico Telephone and DMAX brands — through which PRT offered its telephone and Internet services, respectively — are being phased out on the consumer level, to be unified under the the ‘Claro’ name, the carrier announced Monday. The move comes four years after Mexican telecommunications giant América Móvil, whose flagship brand throughout […]
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PR unemployment averages 16.1% in ’10, highest since 1993
January 21, 2011
Puerto Rico’s out-of-work force averaged 16.1 percent during calendar year 2010, representing the highest rate since 1993, when the average was 17 percent, the Department of Labor and Human Resources informed Friday.
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FCC gives OneLink go-ahead to upgrade network
January 19, 2011
The Federal Communications Commission has given cable television provider OneLink Communcations the go-ahead to begin scrambling the signal of its basic-service tier, paving the way for the company to overhaul its San Juan metropolitan area system. As News is my Business reported exclusively in November, Onelink submitted a petition to the FCC, asking for a […]
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850 local companies file for bankruptcy in ’10
January 18, 2011
The year 2010 witnessed the struggle by 850 commercial establishments that sought protection from the U.S. Bankruptcy Court, either to reorganize or liquidate their operations, local research firm Boletín de Puerto Rico revealed Tuesday. In total, the year wrapped up with a 10 percent increase in overall bankruptcy filings, in comparison to 2009.
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Cement sales drop in Dec. ’10, remain flat year-over-year
January 12, 2011
Cement sales on the island continued their downward spiral during the last quarter of 2010, dropping close to 8 percent, but remained nearly flat year-over-year.
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AT&T announces plans to combine technologies to deploy 4G
January 5, 2011
HTC Inspire 4G Using the Consumer Electronics Show as its backdrop, AT&T announced the deployment of 4G speeds using both HSPA+ and LTE technologies to deliver faster services. Company officials announced plans Wednesday to accelerate its LTE network build, to be largely complete by late 2013. The carrier also plans to begin its launch of […]
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CPI shows slight drops in key segments
January 5, 2011
The Consumer Price Index showed a drop of 0.1 percent in November, in comparison to the same month last year, according to information released Wednesday by the Puerto Rico Statistics Institute.
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P.R. area codes still underutilized
January 5, 2011
Nearly a decade after the island was assigned a second area code — over concerns that telephone numbers available under the “787” code were running out — it turns out that both area codes are still being underutilized.
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