AT&T launches nationwide 5G network, adding 18 Puerto Rico towns
August 4, 2020
Wireless carrier AT&T announced that its 5G network is now live for consumers and businesses across the country, including 18 additional towns in Puerto Rico. The carrier’s 5G coverage now includes: Adjuntas; Ceiba; Ciales; Guánica; Guayanilla; Jayuya; Lajas; Lares; Las Marías; Maricao; Morovis; Naguabo; Orocovis; Peñuelas; Sabana Grande; San Sebastián; Utuado; and Yauco. “5G is […]
chat_bubble0 Comment
visibility2822 Views
Statistics Institute urges Puerto Rico mayors to encourage filling out Census 2020
July 23, 2020
The Chairman of the Puerto Rico Institute of Statistics’ board, Economist Nicolás Muñoz, He urged all mayors to mobilize the resources of municipal agencies to visit houses street by street, combing through all communities to alert families to the importance of filling out the 2020 Population Census form. This while taking all the prevention and […]
chat_bubble0 Comment
visibility1401 Views
Microsoft: Working remotely and returning to in-person work can be just as difficult
July 13, 2020
In the last four months, work has changed drastically, but will these changes persist into the future? To answer those questions, Microsoft developed the second Work Trend Index, combining insights from three sources: trends behind how customers use its tools; findings from a Harris Poll survey of more than 2,000 remote workers in six countries; […]
chat_bubble0 Comment
visibility1667 Views
Puerto Rican startup turns to unconventional data to gauge economic effect of COVID-19
July 8, 2020
Given the lack of up-to-date data for Puerto Rico’s economic activity, local startup Abexus Analytics has turned to unconventional data sources to gauge the performance of the economy during the COVID-19 crisis. The findings are included in a report titled “The Economy is not reserved for Economists,” which takes a technical tour of the issues […]
chat_bubble0 Comment
visibility2985 Views
SBA backs $741M+ in PPP loans of up to $150K in Puerto Rico
July 7, 2020
The U.S. Small Business Administration and the U.S. Department of Treasury released Paycheck Protection Program Loan data that revealed that since the start of the program in April, local banks have processed some 35,896 loans for up to $150,000 totaling $741.4 million so far. The detailed loan-level data for Puerto Rico shows that more than […]
chat_bubble0 Comment
visibility1664 Views
Evertec launches new ATH Movil contactless payment solution
July 3, 2020
Evertec Inc. announced the launch of its new ATH Movil solution that allows consumers to make payments by scanning QR codes at participating Evertec retailers, without having the card on hand. This new feature will allow the more than 1.5 million ATH Movil users to make payments at participating locations, in “an easy, secure, and […]
chat_bubble0 Comment
visibility2245 Views
Puerto Rico’s manufacturing PMI increased to 50.4 in May
July 3, 2020
The Purchasing Managers Index (PMI) for Puerto Rico’s manufacturing sector increased to 50.4 in May, indicating an expansion in the manufacturing sector with respect to the previous month. The PRM-PMI is the result of a collaborative project between the Puerto Rico Manufacturers Association and the Puerto Rico Institute of Statistics. The index measures short-run business […]
chat_bubble0 Comment
visibility1591 Views
AT&T launches 5G on its wireless network across 58 Puerto Rico towns
June 29, 2020
Wireless carrier AT&T confirmed the launch of 5G technology on its network in Puerto Rico, where it is already covering 58 towns, company executives said. Customers will have access to the faster service in San Juan, Aguadilla, Aibonito, Arecibo, Mayagüez, Ponce and Rincón. Another 18 towns will go live this week, while Vieques and Culebra […]
chat_bubble0 Comment
visibility1415 Views
Ticketera integrates physical distancing in its event ticket sales platform
June 24, 2020
Event ticket sales platform, Ticketera, announced it has updated its service to comply with the physical distance regulations that will be required for the restart of mass events in Puerto Rico. In doing so, it becomes the first Puerto Rican company offering the technology that will place seats with the predetermined distance to address the […]
chat_bubble0 Comment
visibility1685 Views
Puerto Rico Oversight Board certifies COFINA fiscal plan
June 23, 2020
The Financial Oversight and Management Board for Puerto Rico announced that it certified the government of Puerto Rico’s updated Fiscal Plan for the Puerto Rico Sales Tax Financing Corporation (known as COFINA, in Spanish). The 2020 Fiscal Plan for COFINA is “based on the macroeconomic projections outlined in the Certified Fiscal Plan for the Commonwealth […]
chat_bubble0 Comment
visibility1577 Views
FCC OK’s $237.9M to upgrade mobile broadband networks in Puerto Rico, USVI
June 15, 2020
The Federal Communications Commission today approved $237.9 million in funding over three years to “expand, improve, and harden” mobile broadband networks in Puerto Rico and the U.S. Virgin Islands. Specifically, in Stage 2 of the “Uniendo a Puerto Rico Fund” and “Connect USVI Fund,” the FCC authorized $233.9 million to three carriers serving Puerto Rico […]
chat_bubble0 Comment
visibility2095 Views
Puerto Rican Telecom Alliance asks FCC to evaluate bill to tax internet service
June 12, 2020
The Puerto Rican Telecommunications Alliance sent a letter to Federal Communications Commission Chair Ajit Pai asking him to take notice of the local legislature’s “attempt to tax the internet and broadband internet access services.” The Alliance — which groups internet, television and telephony services providers Aeronet, Claro, Data Access, Liberty Puerto Rico, Neptuno, Optivon, VPNet, […]
chat_bubble0 Comment
visibility1699 Views
Analysis: Puerto Rico to bear harder economic brunt from pandemic
June 11, 2020
Puerto Rico is expected to “be hit harder” by the effects of the COVID-19 pandemic in comparison to many other global jurisdictions, mainly due to the exceptional circumstances it faced prior to the health crisis, according to the latest analysis released by Estudios Técnicos. The firm, based in San Juan, predicts as a result, Puerto […]
chat_bubble0 Comment
visibility1288 Views
Puerto Rico Telecom Alliance pushes for public hearings for Senate Bill 1333
June 9, 2020
The head of the Puerto Rico Telecommunications Alliance, Felipe Hernández, called on lawmakers to hold public hearings on House Bill 1333, which the group claims would increase the internet and cellular service bills for local consumers and could bankrupt nearly 100 Puerto Rican small businesses that serve more than 300,000 subscribers. Hernández demanded that House […]
chat_bubble0 Comment
visibility1367 Views
Telecom services under Lifeline program subject to new reviews starting June 23
June 8, 2020
Starting on June 23, Puerto Rico consumers applying for subsidized telecommunications services will have to go through the National Lifeline Eligibility Verifier to validate that they qualify for services. On that date, telecommunications carriers that participate in the subsidy program must cease using older eligibility processes to complete enrollments, the Federal Communications Commission’s Wireline Competition […]
chat_bubble1 Comment
visibility2153 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA