The Puerto Rico Economic Development Bank’s Economic Activity index reached 121.6 in October 2019, a 0.4% increase compared to October 2018, the first positive growth after four year- over-year consecutive declines, and a 0.3% rise when compared to September 2019. The annual comparison is with respect to October 2018, when electricity was restored to those […]
Claro Puerto Rico has filed a certification at the Federal Communications Commission of its plans to retire its copper infrastructure at dozens of locations islandwide, starting in March 2020, this media outlet learned. Claro intends to retire copper distribution and copper loop facilities where it has deployed or plans to deploy fiber-to-the-premise as a replacement, […]
The Financial Oversight and Management Board for Puerto Rico’s admission that there will be significantly less federal recovery money flowing into the island could stump the island’s future growth and debt restructuring talks, an analysis by the H. Calero Consulting firm stated. Recently, the Oversight Board confirmed that the island would get about $30 billion […]