DISH debuts Sling TV streaming service in P.R.
January 26, 2018
Sling TV, a subsidiary of DISH Network Corporation, debuted its streaming services in Puerto Rico, offering a lineup of Spanish-language programming, plus English-language services, “Sling Orange” and “Sling Blue,” as well as Sling International services.
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PRT/Claro asks FCC to create $200M emergency fund for P.R. recovery efforts
January 23, 2018
Puerto Rico Telephone Co., which does business as Claro Puerto Rico, has asked the Federal Communications Commission to create $200 million emergency Universal Service Fund to help eligible companies restore services in insular areas affected by Hurricanes Irma and María.
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P.R. Telecom Board chief: Classifying telco service as essential ‘correct’
January 22, 2018
Puerto Rico Telecommunications Regulatory Board President Sandra Torres qualified as “successful and necessary” Gov. Ricardo Rosselló’s approval of a pair of aimed at strengthening telecommunications services on the island.
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Telecom Board grilling providers on charges, credits post-María
January 18, 2018
The Puerto Rico Telecommunications Regulatory Board has begun a series of meetings with the island’s major telecom providers to probe charges and credits to customers left without service after the hurricanes that slammed the island in September.
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Study: No new growth strategy will work without debt restructuring
January 17, 2018
Before Hurricane María, if Puerto Rico were to pay off its debt without completely choking off economic and social development, it needed a total cancellation of the interest on the public debt and a reduction in the principal of approximately 45 percent to 90 percent. Now, in the wake of the storm, the debt relief needed is much greater.
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PRMA urges OBoard to ‘reconsider its role and objectives’
January 17, 2018
Given the impact on Puerto Rico’s economy from the onslaught of Hurricanes Irma and María, the collapse of the island’s power system and the changes to the U.S. tax code and its local effect, the Puerto Rico Manufacturers Association is urging the Financial Oversight and Management Board to reconsider its role and objectives.
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FCC fast-tracking reconstruction permits for TV stations in P.R./USVI
January 13, 2018
The Federal Communications Commission’s Incentive Auction Task Force and Media Bureau granted a request from 20 broadcast TV stations in Puerto Rico and the U.S. Virgin Islands impacted by Hurricanes Irma and María to allow them to construct post-auction facilities ahead of schedule.
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Manager of top-level domain .pr hires firm to provide registry services
January 9, 2018
Gauss Research Laboratories, which manages Puerto Rico's country code top level domain, .pr, has selected Afilias, to provide support for registration services to use the Internet suffix.
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PRMA: ’18 brings ‘high level of uncertainty,’ ‘important challenges’
January 2, 2018
The new year that began yesterday is already characterized by a high level of uncertainty, largely due to the changes that have occurred and will occur in Puerto Rico’s environment.
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Analysis: To have ‘fighting chance,’ P.R. needs to rebuild infrastructure, execute clear strategy
January 2, 2018
Although Puerto Rico appears to have lost its major corporate tax advantage following the approval of the U.S. Tax Reform, if it were to backfire and motivate companies to send jobs overseas and transfer revenues to other countries, Puerto Rico could have a chance to survive the predicted economic onslaught associated with the measure.
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Analysis: P.R. will feel economic blow of Federal Tax Cuts and Jobs Act in ’19
December 28, 2017
The recently passed Fedetal Tax Cuts and Jobs Act will have implications for Puerto Rico’s economic that will start to become more noticeable after fiscal year 2019, local research firm Estudios Técnicos Inc. predicted in an analysis released this week.
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Wovenware launches practice focused on Artificial Intelligence
December 21, 2017
Wovenware, a Puerto Rico-based nearshore provider of smart software solutions, announced it has launched a practice specifically focused on the development of Artificial Intelligence (AI) solutions, including chatbots, predictive analytics, machine learning and deep learning applications.
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Study: Hurricane María unmasks PR’s poverty, whose face is female
December 19, 2017
When Hurricane María hit Puerto Rico it uncovered the poverty that exists in the island, which makes it the poorest United States jurisdiction.
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Moody’s: Recovery prospects for PREPA bondholders down to 35% after storms
December 15, 2017
Puerto Rico Electric Power Authority bondholders can expect to recover about 35 percent of their investments due to the business disruption and costs, as well as lost revenues related to damage caused by Hurricanes Irma and María, Moody’s Investors Service predicted in a report released Thursday.
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Piloto 151 opens local chapter of Government Blockchain Association
December 15, 2017
Piloto 151 coworking space announced the creation of the Puerto Rico Government Blockchain Association (GBA) Chapter, a private membership organization that seeks to assist government and public sector people and organizations understand, implement and benefit from blockchain-related technologies and capabilities.
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