Wireless carrier AT&T announced Monday it has added extra capacity to 28 cell sites in St. Thomas and St. Croix; upgraded five sites in St. John, St. Thomas and St. Croix with LTE technology; and activated a new cell site in St. Thomas in its ongoing efforts to enhance the wireless capacity and coverage of its mobile Internet network available in the neighboring island chain.
Puerto Rico’s declining population, rapidly aging workforce, significant fiscal pressures and subsequent policy measures have combined to prompt a reduction in the government’s workforce over the past five years by as many as 55,000 jobs, or almost 20 percent of the public sector’s workforce.
Almost exactly a year to the day when Moody’s Investors Service cut Puerto Rico’s credit to Baa3, the New York-based agency placed the island’s general obligation rating on review for downgrade.
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