Economist: ‘Fiscal issues should be handled by Executive’
March 25, 2013
Puerto Rico’s executive branch has the necessary staff, resources and commitment to take over managing and resolving the island’s fiscal issues and block out all of the “noise” coming out of the Legislature, veteran Economist José Joaquín Villamil recently said.
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Fitch cuts Puerto Rico credit to near junk
March 20, 2013
Fitch Ratings downgraded Puerto Rico’s debt to 'BBB-' from 'BBB+, a notch above “junk,” following the decisions by its colleagues at Moody’s and Standard & Poor’s in recent weeks.
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TRB president, member hit with ethical complaints
March 19, 2013
Former Supreme Court Judge José Andréu-García filed Monday separate complaints before the Puerto Rico Justice Department and the Government Ethics Office against Telecommunications Regulatory Board President Sandra Torres over her alleged participation in cases related to Puerto Rico Telephone, her former employer.
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S&P cuts Puerto Rico’s GO bonds ‘BBB-‘ From ‘BBB’
March 13, 2013
Citing Puerto Rico’s ongoing budget gap, New York-based Standard & Poor's Ratings Services on Wednesday lowered the government’s general obligations rating to 'BBB-' from 'BBB' — one notch above junk. The outlook is negative.
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Liberty bumps OneLink Internet speeds to 10Mbps
March 11, 2013
After implementing a series of upgrades on its Internet service infrastructure, OneLink’s residential and business customers will now be able to enjoy faster Internet speeds, starting at 10 Mbps, which spells good news for gamers and customers downloading movies or streaming TV shows, company officials announced Sunday.
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Microsoft opens call for ‘Imagine Cup’ competition
March 11, 2013
In keeping with its commitment to promote the development of Puerto Rico’s video game industry, Microsoft is accepting registration for its Imagine Cup 2013 competition in technology and most prestigious student design worldwide.
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ClaroTV going live this month in San Juan, several towns
March 8, 2013
Several weeks after concluding a “friends and family” trial period of its television-via-broadband technology, Claro de Puerto Rico is ready for a full launch of the highly-anticipated ClaroTV service across the San Juan metropolitan area and several major towns before month’s end, company President Enrique Ortiz de Montellano confirmed Thursday.
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Sprint’s 4G LTE signal deployed in San Juan
March 5, 2013
Wireless carrier Sprint is moving along with plans to expand its 4G LTE throughout Puerto Rico, adding the capital city of San Juan to the list of local areas where customers can tap into the next-generation digital platform.
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CNE: Puerto Rico on track to become ‘Detroit of the Caribbean’
March 4, 2013
Puerto Rico needs to find alternative ways to govern itself that include all members of society with the single-minded goal of seeking solutions to its overwhelming fiscal and social problems, or risk going down the same path as Detroit, once a thriving city that is now desolate and in a state of emergency.
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Puerto Rico starts ’13 with slight increase in bankruptcies
February 27, 2013
Puerto Rico bankruptcies were up 1 percent in January, when 739 cases were filed at the U.S. Bankruptcy Court, research firm Boletín de Puerto Rico disclosed Tuesday.
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Fitch places Puerto Rico debt on negative watch
February 22, 2013
In what constitutes yet another, but expected, blow to Puerto Rico’s fragile credit condition, Fitch Ratings announced Thursday it has placed the island’s general debt, as well as that of several government agencies, on negative watch.
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T-Mobile Puerto Rico expands, launches campaign
February 22, 2013
Wireless provider T-Mobile Puerto Rico is moving forward with its local expansion, adding new stores and infrastructure to continue enhancing customer service and signal capacity, Jorge Martel, company general manager said during a news conference Thursday.
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AT&T recaps $325M ’10-’12 investments in Puerto Rico
February 22, 2013
Wireless carrier AT&T on Thursday provided a recap of its investments in its Puerto Rico wireless and wireline networks from 2010 through 2012 totaling more than $325 million as it focuses on expanding 4G LTE mobile Internet coverage and enhancing the overall performance of its infrastructure.
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Liberty sponsors ‘Safer Internet Day’ in Puerto Rico
February 6, 2013
As part of its social commitment to the Puerto Rican community, Liberty Puerto Rico sponsors Safer Internet Day 2013, a global activity that raises awareness on the importance of surfing the Internet safely and with respect. The international Internet safety day is held annually on the second day of the second week of the second month of the year.
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Open Mobile names key management to push growth
February 5, 2013
Wireless trends and continuous market changes have required Open Mobile to strengthen its management team with professionals with particular talents and experiences and continue enhancing its network and product portfolio, company CEO Juan Saca said Monday.
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