Liberty Puerto Rico reports 3Q18 growth, driven by 22K new customers
November 9, 2018
Liberty was one of several telecommunications service providers that received FCC hurricane recovery funding that totaled $51 million for Puerto Rico and the U.S. Virgin Islands.
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Post-hurricanes, FCC launches review of ‘Wireless Resiliency Cooperative Framework’
November 8, 2018
The FCC asked carriers to supply information regarding how they’ve implemented the framework in disaster situations over the past two years.
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Evertec expands payment solutions platform in P.R.
November 1, 2018
Pvot and Pay at the Table are now part of Evertec’s growing portfolio of electronic payment solutions that serve thousands of businesses in Puerto Rico and Latin America.
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Analyst: COFINA deal may usher in P.R.’s ‘next default’
October 31, 2018
If the prediction of zero economic growth by 2023 holds true, the deal with COFINA creditors will lead to a new default for Puerto Rico.
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Evertec Inc. reports $112M in revenue for 3Q18, 9% year-over-year growth
October 31, 2018
The most recent results “exceeded our expectations,” company President Mac Schuessler said during a call with analysts.
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Fusionworks lands Oracle NetSuite system representation for P.R., Caribbean
October 22, 2018
Fusionworks is hosting a virtual launch of the NetSuite technology on Nov. 29, for those interested in learning more. Registration must be completed through the following link.
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P.R. business sector vital for T-Mobile’s growth post-María
October 19, 2018
The segment — comprising all types of companies, but especially small and medium enterprises — has delivered a 19 percent month-over-month growth for the carrier since August.
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Liberty Latin America acquires remaining 40% of Liberty Cablevision of Puerto Rico
October 17, 2018
Following the acquisition, Liberty Latin America owns 100 percent of Liberty Cablevision of Puerto Rico.
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Evertec launches ATH Móvil payment solution for online businesses
October 11, 2018
This new solution will be available initially for a limited group of merchants as part of an extended pilot and will be offered to all ATH Móvil Business participants at the beginning of 2019.
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Bankruptcies filed in P.R. soar in September, with 160% more cases on record
October 9, 2018
The report showed increased activity in three of the four categories, with a marked jump in Chapter 11 cases.
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P.R.’s economic activity index is flat year-over-year in August, but is driven by cement sales
October 9, 2018
The agency informed that the EAI reached a level of 121.9 in August of this year.
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América Móvil invests $250M in P.R. network this year, focuses on further expansion
October 4, 2018
América Móvil CEO Daniel Hajj, who is in Puerto Rico this week, met with Gov. Ricardo Rosselló.
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$130M backup fiber optic cable to be deployed along P.R’s southern coast
October 3, 2018
The first phase of the project will entail an investment of $30 million to build.
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NY Fed studies reveal growth in ‘micro revenue’ firms in P.R. post-hurricanes
September 28, 2018
In the year since Hurricane María struck Puerto Rico, the share of so-called “micro-revenue” firms generating $50,000 or less in profits increased.
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Rock Solid Technologies awards 4 scholarships to UPR students
September 28, 2018
Rock Solid Technologies announced the winners of its 17th annual scholarship program, who are all University of Puerto Rico students who will each receive $3,000 to cover one year’s tuition.
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