Upon confirming Liberty Communications of Puerto Rico LLC’s recovery from the 2017 hurricanes, including the improvement of its financial profile, and the restoration of service, Fitch Ratings has affirmed all of the company’s ratings, including the Long-Term Foreign Currency Issuer Default Rating (IDR) at ‘B+’. Fitch also affirmed the ‘BB-‘/’RR3’ ratings on the company’s secured […]
The U.S. Department of Commerce’s Bureau of Economic Analysis released prototype annual estimates of gross domestic product (GDP) for Puerto Rico for the years 2012 to 2018, the agency announced. This publication “represents another major step by the Bureau to develop comprehensive economic accounts for Puerto Rico that are consistent with international guidelines and that are […]
The Federal Communications Commission confirmed that five Puerto Rico-based telecommunications service providers have filed applications to receive funding from the “Uniendo a Puerto Rico” pool, which has $504.7 million available during a 10-year period to support fixed broadband projects. In a notice, the FCC’s Wireline Competition Bureu confirmed it received complete applications from: Aeronet Wireless […]