Wireless products and services are a powerful agent of social change that give billions of people around the world, including Puerto Rico, with anytime, anywhere access, according to a recent report by BSR and commissioned by CTIA-The Wireless Association.
While saying Puerto Rico is not “America’s Greece,” a senior analyst with Wells Fargo Securities said the time has come for the island to implement drastic change or risk facing an even bigger economic collapse.
Some $180 million that Puerto Rico receives in funding assigned annually through the Federal Communications Commission could be at risk due to the methodologies the agency is implementing to phase out the Universal Service Program and usher in its replacement, the Connect America Fund.
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