Parallel18’s alumni shine bright at SXSW 2017
March 7, 2017
Global accelerator Parallel18 (P18) and five of the startups that have been through its program will have highlighted participations at the SXSW (South by Southwest) innovation conference, which begins this week in Austin, Texas.
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P.R. bankruptcies down 14.5% year-over-year in Feb.
March 3, 2017
The island's bankruptcy filings dropped in February, when 14.5 percent fewer cases were submitted to the court, versus the same month in 2016, according to preliminary numbers released Thursday by research company Boletín de Puerto Rico.
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Sprint, Open Mobile announce joint venture in PR/USVI
February 24, 2017
Sprint and Open Mobile officially confirmed an agreement to combine their businesses in Puerto Rico, together with Sprint’s business in the U.S. Virgin Islands, into a new joint venture.
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Liberty Business partners with United Retailers Assoc.
February 24, 2017
Liberty Business, Liberty Puerto Rico’s business division, announced Thursday it has established a partnership with the United Retailers Association of Puerto Rico to support the small and medium-sized businesses sector on the island.
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Liberty Puerto Rico reports Y-O-Y revenue growth in ’16
February 17, 2017
Despite continued macroeconomic uncertainty and climbing population migration numbers, Liberty Puerto Rico reported positive revenue growth of 1.1 percent, year-over-year in 2016.
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IT solutions developer INVID gets SBA certification
February 8, 2017
With the goal of building business competitiveness and expanding to new markets, IT solutions developer Internet Vision Development (INVID), LLC recently received certification from the U.S. Small Business Administration’s 8(a) Business Development program, it announced Tuesday.
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Liberty loses Lifeline provider designation in FCC sweep
February 7, 2017
The Federal Communications Commission on Friday invalidated the inclusion of nine new broadband Internet Service Providers — including Liberty Puerto Rico — in it’s Lifeline subsidies program, leaving an undetermined number of low-income families that could have benefited in suspense had the program gotten off the ground.
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Sprint reportedly finalizing acquisition of Open Mobile
January 31, 2017
Wireless carrier Sprint is reportedly in the final stages of acquiring competitor Open Mobile in what would be the first major change in Puerto Rico’s telecommunications landscape this year, two sources confirmed to this media outlet.
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Report: Puerto Rico’s bankruptcy filings drop 2% in ’16
January 26, 2017
The number of bankruptcy cases filed in Puerto Rico during 2016 dropped by 2 percent year-over-year, with a total of 10,221 filed, research firm Boletín de Puerto Rico disclosed Wednesday.
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P.R. manufacturing index drops to 49.1 in November ’16
January 5, 2017
On a non-seasonally adjusted basis (NSA), the Purchasing Managers Index for Puerto Rico’s manufacturing sector edged down to 49.1 in November, suggesting a contraction in the sector with respect to the previous month.
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Piloto 151, Codetrotters represent P.R. at White House
December 23, 2016
Representatives from Piloto 151 and Codetrotters were recently invited to the White House, representing Puerto Rico as one of 72 national “TechHire” communities to announce a campaign to place 100,000 Americans into tech jobs by 2020.
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Fitch assigns 1st-time ‘B+’ rating to Liberty Cablevision
December 9, 2016
Fitch Ratings has assigned a Long-Term Foreign Currency Issuer Default Ratings (IDRs) of 'B+ to Liberty Cablevision of Puerto Rico LLC (LCPR).
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Studies: PREPA’s proposed rate hike is economy killer
December 6, 2016
The rate hike that the Puerto Rico Electric Power Authority and its bondholders are proposing would further erode the island’s economy and set back its recovery, members of the island’s private sector claimed Monday.
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Puerto Rico bankruptcies drop 26% in November
December 2, 2016
Bankruptcy filings dropped by 23 percent in November, when a total of 706 cases were filed, in comparison to the same month last year, according to preliminary figures released by research firm Boletín de Puerto Rico Thursday.
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P.R. accepted into White House ‘TechHire’ program
December 1, 2016
Puerto Rico has been announced as one of 19 TechHire communities dedicated to creating pathways for more U.S. citizens to access well-paying tech jobs and expanding local tech sectors in communities across the country, the White House announced Thursday.
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