Liberty Puerto Rico unveils business continuity, disaster recovery plan for ’21 hurricane season
May 31, 2021
Liberty Puerto Rico announced that its business continuity and disaster recovery plan is ready to face the upcoming 2021 hurricane season, as it has been “updated, tested, and exercised regularly” in collaboration with its parent company, Liberty Latin America. “We’re in a stronger shape to face natural disasters as we have gained experience after recent […]
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VPNet, Microsoft announce $1M joint effort to deliver broadband to rural communities
May 27, 2021
Puerto Rican company VPNet Inc., with support from Microsoft’s Airband Initiative, announced an agreement to make high-speed broadband internet available in rural areas of Puerto Rico, whose communities, organizations, and businesses have faced great challenges, particularly during the COVID-19 Pandemic. The initiative entails a $1 million investment, officials confirmed. The agreement will allow approximately 480,000 […]
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CNE reviews Puerto Rico’s reconstruction and recovery process ahead of hurricane season
May 27, 2021
The Center for a New Economy (CNE) published a policy brief on the resources assigned to Puerto Rico by the federal government for reconstruction and recovery after Hurricane María, up to March 31, 2021 and called for a wider discussion of how these funds will be used. “Obligating and spending the federal funding assigned for […]
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Practical Techie: The push for smart thinking machines
May 26, 2021
It’s not easy to foresee things but the Practical Techie likes to peer out into the near future now and then to speculate about what technological advances will come our way. First, a few facts about the present. As it is well known, artificial Intelligence is the strongest development now in terms of high-tech research […]
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Puerto Rican businesses, consumers ‘optimistic’ on economic recovery post COVID-19
May 21, 2021
The word “optimism” was repeated a number of times during the Puerto Rico Chamber of Commerce’s presentation of the 2021 studies establishing the level of confidence by local entrepreneurs and consumers. In both cases, the research concluded that there are high expectations for improved economic conditions moving forward. While economic analysis firm Estudios Técnicos prepared […]
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Gov. Pierluisi convenes advisory group to evaluate Puerto Rico’s minimum wage
May 20, 2021
Looking to evaluate Puerto Rico’s minimum wage and to promote a possible increase from the current $7.25 hourly rate, Gov. Pedro Pierluisi has convened the Governor’s Advisory Group on the Minimum Wage, which will be chaired Chief of Staff Noelia García and will integrate members of the public and private sectors. “Wage inequality is one […]
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Estudios Técnicos: Keeping track of the risk of inflation in Puerto Rico
May 18, 2021
The fear of an inflationary wave in the United States has implications for Puerto Rico, precisely because the island’s prices are largely determined by what happens stateside. Puerto Rico’s inflation rate has been rebounding since October 2020, although during the first quarter of 2021, the Consumer Price Index (CPI) remained at a rate slightly below […]
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Practical Techie: Ultra-connections, in 5 yrs. all things will connect to most humans
May 18, 2021
In just a few years there will be almost five billion people connected to the global Web. Objects and humans will share countless types of microelectronic connections. Let’s fast forward a bit to 2026. Beyond its too risky to surmise with precision. Shortly, even wine bottles will have track and temperature sensors. So will do […]
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WorldNet marks 25th anniversary with 28% revenue growth
May 13, 2021
WorldNet Telecommunications, founded in San Juan in 1996, is marking its 25th anniversary with a string of accomplishments, including an increase in revenue of 28% and of 86% in accounts at the end of its fiscal year, it announced. The success is attributed to “sales efforts, product development and the acquisition of some commercial assets […]
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FCC green-lights 2 wireless providers to deploy more spectrum in Puerto Rico
May 10, 2021
The Federal Communications Commission (FCC) has given the go-ahead to Federated Wireless Inc. and Key Bridge Wireless LLC — two companies that will work to deploy more wireless spectrum in Puerto Rico, based, for the first time, on the 3.5 GHz band. In a release, the regulatory agency said the approval will make the “critical” […]
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Liberty Puerto Rico nearly triples revenue in 1st full quarter after AT&T acquisition
May 7, 2021
Liberty Puerto Rico reported a combined revenue of $361.3 million during the first quarter of the year, a growth that benefited from the inclusion of AT&T’s wireless and wireline operations. When compared with the same year-ago quarter, when $104.6 million in revenue was reported, the current figure represents a 245% jump, according to the company’s […]
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Jobs in San Juan down 7.3% Y-O-Y in Sept. ’20, Bureau of Labor Statistics says
May 6, 2021
Employment in Puerto Rico’s only large county, the municipality of San Juan, decreased 7.3% from September 2019 to September 2020, the US Bureau of Labor Statistics confirmed. Large counties are defined as those with 2019 annual average employment of 75,000 or more. Chief Regional Economist Martin Kohli noted that in September 2020, San Juan’s employment […]
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7th edition of CIO & IT Leadership Conference will take place virtually
May 6, 2021
The Puerto Rico Information Technology Cluster (PRITC) announced that it will hold the 7th edition of its CIO & IT Leadership Conference — this time virtually — on May 14. This conference is known for “being the most important and popular main platform of the island’s computer industry,” organizers said. One of the main issues […]
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eBay reports a double-digit percentage growth in Puerto Rican sellers
May 5, 2021
Online marketplace platform eBay has reported a significant increase in Puerto Rican sellers by a double-digit percent. The products vary significantly, many of them were previously absent from the website before the pandemic. The company did not reveal the exact growth figure, in numbers. “2020 changed our entire way of living, consuming, and doing business, […]
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Fitch upgrades Liberty Puerto Rico’s credit rating, as it launches co-branding campaign
May 3, 2021
Liberty Puerto Rico recently got a boost from Fitch Ratings, which upgraded its revolving credit and other financial tools, while affirming its long-term outlook, News is my Business confirmed. The company, which over the weekend entered the co-branding stage of its integration process with AT&T Mobility Puerto Rico, which it acquired last year. As part […]
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