Telecom Board to issue decision on Claro TV license in 2 weeks
August 10, 2011
Following two tough days of public hearings on Claro’s petition for a cable operator franchise license to launch its paid television service via broadband, the Telecommunications Regulatory Board announced Tuesday it will issue its decision within the next two weeks, News is my Business learned.
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LMM public-private partnership process draws 12 global bidders
August 9, 2011
The Public-Private Partnership Authority announced Tuesday it received requests for qualification bids from 12 global companies that are interested in managing the Luis Muñoz Marín International Airport in tandem with the government.
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Government CIO urges TRB to approve IPTV license
August 9, 2011
The government’s Chief Information Officer, Juan E. Rodríguez, urged the Telecommunications Regulatory Board Monday to give way to Puerto Rico Telephone’s petition for a cable television franchise license to launch islandwide IPTV service, as it would benefit consumers, competition and the economy.
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IPTV hearing gets off to rocky start
August 9, 2011
Delayed by a “give-and-take” between Telecommunications Regulatory Board members and representatives from Puerto Rico Telephone (Claro) and companies opposed to its application for a cable television franchise license, Monday’s hearing on IPTV got off to an unsurprisingly rocky start.
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Moody’s downgrades GO bond ratings to ‘Baa1,’ outlook negative
August 8, 2011
Moody's Investors Service downgraded the rating of more than $1 billion of the Puerto Rico Public Building Authority’s general obligation bonds to Baa1 from A3, providing a negative outlook for Series R and Series S. The bonds are expected to go to market Tuesday.
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S&P downgrades U.S. credit rating after budget negotiations fall short
August 6, 2011
The United States’ 94-year excellent credit run ended Friday, when ratings agency Standard & Poor’s lowered the country’s AAA credit to AA+ for the first time, dissatisfied with the results of the spending cuts package agreement between Congress and the White House reached earlier in the week.
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Claro launches online petition to drum up public support for IPTV service
August 6, 2011
Claro has stepped up its efforts to obtain the franchise license it requested more than three years ago to break into the island’s paid television market by launching an online signature collection campaign Friday in support of its IPTV service.
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Claro TV lays out proposed IPTV offer
August 5, 2011
Hundreds of channels, “a la carte”-like programming and cutting edge features based on a $60 million platform are some of the features that Claro TV is ready to offer island customers through the Internet-based cable television service it is proposing to launch.
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TRB schedules hearing to weigh public interest of granting Claro TV franchise
August 5, 2011
A hearing slated to let the public and paid television industry players offer their opinions on whether Claro TV’s request for a cable television franchise is in the public interest may not take place Monday at the Telecommunications Regulatory Board if petitions the company filed to block it are granted.
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CNE: Debt ceiling deal harmful to fiscal health
August 3, 2011
The approved plan to increase the United State’s debt ceiling will not solve the country’s fiscal problem, and could actually worsen it by reducing economic activity on the short- and mid-term, Sergio Marxuach, policy director for the Center for the New Economy said Tuesday.
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Ayustar ISP faces $25K FCC fine for crossing signals with LMM safety systems
August 2, 2011
Internet Service Provider Ayustar Corp. is facing a $25,000 fine from the Federal Communications Commission for allegedly operating a transmission system that is interfering with the Federal Aviation Administration’s Terminal Doppler Weather Radar, News is my Business learned.
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P.R. bankruptcy filings drop 30% in July
August 2, 2011
Puerto Rico’s bankruptcy levels continued their downward trend last month, when the total number of companies and individuals who turned to the U.S. Bankruptcy Court for help was reduced by 30 percent in comparison to the same month in 2010.
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AT&T to regulate speeds for ‘unlimited’ heavy users
July 30, 2011
AT&T dropped a bomb Friday on unlimited data plan smartphone customers who use their devices so much they fall into that top 5 percent that clogs up the network during any given billing cycle.
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Claro bids $11.2M to pick up additional wireless licenses
July 30, 2011
This week, Claro bid close to $11.2 million for six wireless licenses auctioned off by the Federal Communications Commission, which it could use to improve or expand its mobile services, News is my Business learned Friday.
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Cement sales reflect 6% year-over-year drop in June
July 18, 2011
Puerto Rico’s cement sales, a key economic indicator, decreased by 6 percent last month in comparison to the same month in 2010, the latest Government Development Bank figures reveal.
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