Puerto Rico consumers get 86 cents out of every dollar
July 9, 2013
Puerto Rican consumers get the equivalent of 86 cents out of every dollar they receive, which puts a significant squeeze on their purchasing power as the price of most goods and services continues to increase.
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Puerto Rico CIO, Science Trust to promote innovation
July 8, 2013
The Puerto Rico Science, Research and Technology Trust and the government’s Chief Information Officer will work together to identify and evaluate research and development projects of high economic impact, which in turn may generate new marketable technologies, the entities announced Sunday.
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EVERTEC earns ‘Cisco Cloud Partner of the Year’ award
July 8, 2013
Electronic transaction processing firm EVERTEC Inc. was recently recognized by Cisco as the “Cisco Cloud Partner of the Year” for the Central America, North of South America and the Caribbean region for its innovation, leadership and best practices in developing the market for cloud services in this region.
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AT&T launches 4G LTE in St. Croix
July 3, 2013
AT&T has turned on the nation's fastest 4G LTE network in St. Croix, bringing customers the latest generation of wireless network technology.
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Rúa-Jovet sworn-in as Puerto Rico Telecom Board chief
July 1, 2013
Attorney Javier Rúa-Jovet will be sworn-in as the fourth president of the Puerto Rico Telecommunications Regulatory Board today, ushering in a new chapter for the agency that’s a few years shy of marking 20 years of overseeing one of the island’s most important economic sectors.
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Puerto Rico Economic Activity Index drops 3.4% in May
July 1, 2013
The Puerto Rico Government Development Bank unveiled the Economic Activity Index for the month of May, which registered a 3.4 percent year-over-year reduction from the same month in 2012 and marked the ninth consecutive month of downward results.
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Puerto Rico Telecom Board has new president, member
June 28, 2013
The Puerto Rico Senate confirmed Thursday the appointments of attorneys Javier Rúa-Jovet and María Milagros Reyes as president and associate member, respectively, of the Puerto Rico Telecommuncations Regulatory Board.
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Experts: Puerto Rico’s problems rooted in gov’t inability to change
June 27, 2013
Puerto Rico’s current economic situation is deep-rooted in the government’s inability to understand the gravity of the problem and the outcome of doing the same things over and over again, while expecting different results.
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Claro Puerto Rico rolls out IPTV in 37 towns
June 20, 2013
Five years after announcing its intention to launch Internet Protocol-based, paid-television services, Claro de Puerto Rico officially announced Wednesday the availability of its IPTV offer in 37 towns.
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USDA to grant $21M for rural broadband deployment
June 12, 2013
U.S. Department of Agriculture Secretary Tom Vilsack announced Tuesday that applications are being accepted for grants to finance broadband deployment in remote, rural areas, including Puerto Rico. The announcement is one part of the agency’s efforts to strengthen the rural economy, he said.
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T-Mobile unveils subsidized mobile broadband services
June 10, 2013
Wireless carrier T-Mobile, one of three local companies chosen by the Federal Communications Commission to increase broadband adoption and retention among low-income consumers, has announced the start of its subsidized mobile Internet access pilot program, through which it expects to benefit some 3,000 Puerto Rico residents.
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Gov’t to unveil practical, hacker-developed ‘apps’
June 7, 2013
Solutions to address challenges such as providing secure access to government databases, managing the mass transit system routes and developing an app to facilitate hydrants location for the Fire Department to use in case of emergency, were just some of the many applications that came out of the 1st Puerto Rico Tech Summit held Thursday.
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CNE: Puerto Rico ‘failing to face new reality’
June 6, 2013
Puerto Rico may have reached the limits of sustainable growth within its current institutional framework and its leaders must find the political will to make profound changes to the socio-economic structure to pull out of the seemingly unstoppable downward spiral the island is on and insert it squarely into the new globalized economy.
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Puerto Rico tech execs mark 1st anniversary of ‘World IPv6 Day’
June 6, 2013
Network engineers from Puerto Rico’s broadband providers met for several days this week at the Telegrafo facilities in Santurce for the “2013 IPv6 Summit for Broadband Network Operators,” to begin preparations for Puerto Rico’s transition to IPv6 – the next generation Internet Protocol.
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Moody’s downgrades Liberty Cablevision of Puerto Rico to ‘B3’
June 5, 2013
Moody's Investors Service announced Tuesday its decision to downgraded the corporate family rating of Liberty Cablevision of Puerto Rico LLC, specifically the part of the business related to OneLink, to B3 and its probability of default rating to B3-PD, concluding the review for downgrade initiated May 9.
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