World Computer Exchange-Puerto Rico recently opened its first refurbishing club in the Padre Rufo Bilingual School in the Santurce neighborhood of San Juan. The new WCE Refurbishing Club lab will be installed in a storage area at the school, which has 347 students in grades 7-12, that was recently rebuilt by the Ciudadela real estate […]
Rock Solid Technologies, a public sector-focused software and IT services company with headquarters in Puerto Rico and Austin, Texas, announced it has entered into a definitive agreement to merge with CitySourced. The combined business will be led by Rock Solid CEO Rick Brown, and CitySourced CEO Jason Kiesel will join the executive team of Rock […]
NBCUniversal Media, a U.S.-based mass media conglomerate, has blocked access to Telemundo and NBC Puerto Rico because Liberty Puerto Rico did not accept a rate increase that would see retransmission for these channels more than double over two years, the television provider said. At 6 p.m., NBCUniversal also removed 13 other channels from Liberty’s lineup […]
Two years since its conceptualization, the Health Industry Information Platform mobile app has been launched in Puerto Rico to gather sector information and put it in the hands of physicians with private practices. Salvador Rovira, who heads the initiative, said the information will also benefit hospitals. About $150,000 in private investment was made to establish […]
T-Mobile CEO John Legere confirmed he will be in San Juan today to meet with employees during its “Winners Circle Puerto Rico” event, which will take place all week. This is the first time T-Mobile celebrates the companywide affair in Puerto Rico, which will bring some 1,500 employees to the island, including other high-ranking company […]
New York Fed President John Williams urged Puerto Rico to leverage its natural, cultural and human resources to create a sustainable, strong, vibrant and prosperous economy for future generations. During his two-day visit to Puerto Rico and the U.S. Virgin Islands — which fall under his agency’s jurisdiction — Williams participated in a conversation with […]
As part of “HP Experience Day” held in San Juan Tuesday, the technology company introduced its most recent security, computer, and printing innovations featuring solutions focused on keeping cyber attacks at a minimum. As reported, a cyber attack is registered every 39 seconds and the damage resulting from cyber crimes will cost $6 billion worldwide […]
Puerto Rico’s economic freedom is somewhat limited, scoring 61 out of 100 points in the Economic Freedom Index (EFI) Report for 2018, unveiled by the Center for Economic Renewal, Growth and Excellence. As a result, its potential for economic growth is being affected by a challenging business climate, high taxes and recurring fiscal deficits. Such […]
The Center for a New Economy, which has analyzed Puerto Rico’s energy sector for 15 years, convened local and international leaders to rethink the island’s outdated energy model and define a new vision for a sustainable energy future during its “Black Start: The Future of Energy Summit” at the Puerto Rico Convention Center in San […]
People invested in Puerto Rico’s long-term disaster recovery efforts face many obstacles, including — but not limited to — debt, recession, stronger hurricanes, utilities, and sovereignty. All these challenges require robust, independent, and trustworthy socio-economic data to lay the foundation for successful private investment and public policy, according to a paper written by a team […]
The reason for the positive outlook is that Moody’s believes federal estimates of the island’s Gross Domestic Product “will bolster reforms by the island that should encourage unbanked residents to participate in the banking system, thereby spurring loan growth and increasing operating margins.” In its report, Moody’s predicted that the banks that will benefit are […]
Information systems and internet company Cisco Systems announced at the Mobile World Congress 2019 held in Barcelona that Puerto Rico is among the three jurisdictions selected in the Americas to advance transformation and technological acceleration projects. Telecommunications Bureau President Sandra Torres and Chief of Staff Ricardo Llerandi were present during the announcement during the congress. […]
Journalists from different media outlets in Puerto Rico participated in a seminar hosted by the Center for a New Economy (CNE) on the concepts and changing language used in the media coverage of the energy sector. The activity was designed in response to the abundant media coverage on the direction of the transition of the […]
Liberty Puerto Rico added 31,000 revenue generating units (RGUs), or clients during the fourth quarter of 2018, and reported a 5 percent revenue growth for the entire Fiscal Year 2018, according to its most recent financial results. The results were driven in part by the company’s focus on providing products and services that represent a […]
T-Mobile announced its financial reports for the final quarter and full year 2018, along with its performance on a local operational level for the past year, which resulted in a 15 percent year-over-year growth of its customer base. Jorge Martel, general manager for T-Mobile Puerto Rico, said the carrier’s growth sharply contrasts the performance of […]
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