The survey that will determine Puerto Rico’s ranking in this year’s World Economic Forum’s Competitive Report has been distributed to members of the local business community, who the Puerto Rico Chamber of Commerce is urging to fill it out to help paint a clear picture of the island’s current standing.
German enterprise software developer SAP this week released results for the first quarter ended March 31, reporting a 247 percent growth of its business in Puerto Rico and the Caribbean, attributed directly to booming technology adoption by small and mid-sized businesses.
Telecommunications service provider Claro may be close to approaching the finish line on a more than three-year race to obtain franchise rights to launch islandwide cable television services in Puerto Rico, News is my Business learned Thursday.
Less than five months after acquiring storage solutions and data management developer Compellent Technologies for $960 million, Dell announced Wednesday the formal launching of Dell Compellent, a new service division in Puerto Rico.
Wireless carrier Open Mobile and device manufacturer Motorola Mobility have teamed up to enter the so-called premium mobile market with the introduction of two Motorola products that are paired with an unlimited plan to talk, text and surf the Web for $65 a month.
A little more than one-third of island business and residential consumers have done away with their landline service in the last decade. While the reasons may be more than a few, saving money by opting out of traditional phone service and the practicality of mobility are likely highly responsible for fixed lines going down the same path as rotary phones.
Techies looking to pick up an Apple iPad 2 will have yet another, albeit unlikely, retail location to go get it starting this week — Toys R Us.
As the price of gasoline officially soared to more than $4 a gallon in six U.S. jurisdictions, and counting, the price for gasoline in Puerto Rico remained slightly below that threshold over the weekend.
Exactly 30 days after announcing plans to acquire rival wireless carrier T-Mobile, AT&T Inc. filed Thursday the petition for authorization of the transaction at the Federal Communications Commission, the agency confirmed on its website.
Mexico’s Federal Competition Commission has slapped América Móvil with a $1 billion fine for monopolistic practices following a probe launched in that country in 2006. The watchdog agency determined the company, which commands 71 percent of Mexico’s mobile market through its Telcel subsidiary, is abusing its dominant position.
Puerto Rico’s bankruptcy levels continued their seemingly unstoppable upward trend in March, when the total number of cases filed, 1,103, were 3 percent higher than the number on record for the same month in 2010.
Puerto Rican consumers appear to be shifting toward eating out more than going to the grocery store, according to the results of a study commissioned by the Food Marketing Industry and Distribution Chamber released Wednesday that indicates a 12.1 percent drop in how much they spent last year on unprepared food.
The proposed transaction has yet to be submitted to the Federal Communications Commission for consideration, and the agency’s chief economist, Jonathan Baker, is already raising concerns about the deal’s potential increase on wireless prices.
The government’s economic team, headed by Gov. Luis Fortuño, told Puerto Rico investors on Friday that while the island’s economy will not see growth until 2012, it is on an improvement track.
AT&T’s new upgrade fees will apply to a number of smartphone devicesin its portfolio. AT&T customers looking to trade in their mobile phones before their 24-month contract is up, but are not eligible for an upgrade, will have to pay more for the change — on top of the cost of the device — as […]
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