Puerto Rico’s wireless market is gearing up for another year of growth, fueled by the explosion of 4G Long Term Evolution (LTE) digital technology that promises faster and better services. The demand that should be associated with LTE will drive companies to do everything they can to expand the technology’s reach, industry executives told News is my Business.
The concerns expressed by the island’s wireless carriers and retailers over the potentially harmful effects of regulating the sale of prepaid cellphones on consumers and competition apparently fell on deaf ears, as Gov. Luis Fortuño signed Tuesday a law mandating it.
Puerto Rico Telephone, which does business as Claro, announced Friday that if the increase in Universal Service Fund charges that the Federal Communications Commission is pushing for is approved, landline and wireless customers will see an increase in their bill starting the first quarter of 2012.
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