ASUR, PSP Investments acquire 50% stake in Aerostar
May 31, 2017
Grupo Aeroportuario del Sureste, S.A.B. de C.V., partner in Aerostar Airport Holdings, LLC and operator of the Luis Muñoz Marín International Airport in San Juan and the Public Sector Pension Investment Board, one of Canada's largest pension investment managers, announced Tuesday their collective acquisition of a 50 percent interest in Aerostar Airport Holdings LLC.
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Liberty offers customer service for hearing impaired
May 16, 2017
In an effort to create connections with the island’s hearing-impaired community, Liberty Puerto Rico trained a group of customer service representatives in sign language, the company announced Monday.
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AT&T invests nearly $275M in 3 years in P.R. network
May 12, 2017
AT&T has invested nearly $275 million in its Puerto Rico wireless and wired networks during 2014-2016, the company announced Thursday.
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AEI panel debates P.R. fiscal crisis in Washington
May 5, 2017
WASHINGTON — A group of economists meeting in Washington debated Puerto Rico’s fiscal future Wednesday, the day after a deadline for the Commonwealth to negotiate a payment plan with its debtholders expired, and just as Puerto Rico Gov. Ricardo Rosselló filed for a type of bankruptcy protection under PROMESA.
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Bankruptcies down 23% in April; -12% year-to-date
May 2, 2017
The number of bankruptcy cases filed in Puerto Rico showed a steep decline last month. #NewsismyBusiness
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Liberty investing in network infrastructure, jobs
April 25, 2017
Liberty Puerto Rico is upholding its bet on Puerto Rico, despite ongoing economic turmoil, investing $91 million this year to expand its coverage area, make multiple improvements to its network and contribute to the island’s development, company President Naji Khoury said Monday.
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FCC denies petition from radio exec to renew licenses
April 20, 2017
The Federal Communications Commission on Wednesday denied an urgent petition for reconsideration filed by Puerto Rico radio executive Wilfredo Blanco-Pi to renew the licenses for three experimental AM stations for a six-month period.
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Claro unveils ‘My First Smartwatch’ for children
April 18, 2017
Telecommunications carrier Claro unveiled Monday a new concept called “My First Smartwatch,” a device that will allow parents to have communications with their small children at all times.
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7 P.R. TV stations to go off-air following FCC auction
April 17, 2017
Seven television stations operating in Puerto Rico will go dark following a recent spectrum auction by the Federal Communications Commission that generated more than $44.7 million for the properties.
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T-Mobile picks up 45% of all low-band spectrum
April 14, 2017
T-Mobile confirmed Thursday it successfully won 45 percent of the low-band 500 MHz spectrum auction conducted by the Federal Communications Commission, covering 100 percent of the U.S. mainland and Puerto Rico.
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MM Consulting launches app to expedite online services
April 7, 2017
Puerto Rican consulting and IT services company, MM Consulting Services, announced the launch of PSO, an application designed to expedite and facilitate paperwork and online requirements for a variety of transactions.
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AT&T to build $40B public safety broadband network
March 31, 2017
AT&T has been selected by the First Responder Network Authority (FirstNet) to build and manage the first broadband network dedicated to police, firefighters and emergency medical services.
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POKO: 1st app to offer discount coupons for P.R. eateries
March 31, 2017
As more consumers watch how much they spend on eating out, a new mobile app has been launched offering discount coupons to be redeemed in local eateries, including fast food. and casual dining restaurants.
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CNE Growth Commission for P.R. to meet in April
March 23, 2017
The Center for a New Economy announced Wednesday that the CNE Growth Commission for Puerto Rico will meet during the first week of April, in San Juan, to discuss the agenda it has started to outline.
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Planning Board: PR economy will shrink in Fiscal ’17, ’18
March 9, 2017
The Puerto Rico Planning Board released economic projections for fiscal years 2017 and 2018, which reflect drops in the Gross Domestic Product of 1.7 percent and 1.5 percent, respectively.
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