Puerto Rican consumers who earned the same or less than they did last year are spending more on the food they buy, according to a poll conducted by Professional Market Research.
Puerto Rico’s Economic Activity Index for February showed the first month-over-month increase, of 0.4 percent in comparison to January, since October 2010, the Government Development Bank said Sunday.
San Juan metropolitan area cable television provider OneLink has begun the conversion of its basic cable signal to digital format, a process that adds quality to the service and will affect thousands of customers who currently do not use a set-top box to watch television.
Puerto Rico’s economy may be showing signs that it is finally emerging from the recession it has been under for the past five years, but conditions still remain difficult for many as the island pulls out of its slump, Federal Reserve Bank of New York President William Dudley said Friday in a presentation during the E-3 Summit of the Americas conference in San Juan.
October 2004 — The former Cingular Wireless, a joint venture of SBC Communications and BellSouth, completed a $41 billion merger with AT&T Wireless Services Inc., formerly part of AT&T Corp. But the changes did not stop there. In December 2006, Cingular became wholly owned by the new AT&T as a result of the latter’s acquisition […]
Wireless telecom giant AT&T disclosed plans Sunday to acquire competitor T-Mobile USA for a cash and stock transaction worth $39 billion from its parent, Deutsche Telekom. In Puerto Rico, the deal would represent the marriage of the number one and number three wirele ss carriers, the reduction of the number of players to four, and […]
The number of people age 15 and older accessing the Internet in Puerto Rico grew about 8 percent year-over-year to about 1.2 million, according to the results of a study conducted by comScore Inc., a leader in measuring the digital world. Despite the modest growth result for the island, the positive performance evidences a growing […]
iPad2 comes with the option of purchasing iPad 2 Smart covers in a range of colors AT&T customers on the island will be able to pre-order the iPad 2 during tomorrow’s official product launch, local company officials confirmed Thursday. The next-generation version of the trailblazing tablet will go on sale across the U.S. mainland Friday, […]
In less than two months, Gov. Luis Fortuño's administration has received positive news from three stateside credit agencies monitoring the island’s fiscal and economic health.
When Puerto Rico’s current recession started in 2006, it set off one of the most significant migrations of island residents in recent history, with some 37,000 people leaving in search for a better life that year. In the last five years that number has blown up to more than 300,000, the Migrant Profile released by the Puerto Rico Statistics Institute showed on Monday.
As oil prices settled at close to $98 a barrel Friday, prices at the pump on the island also spiked, prompting concerned consumers to scramble to fill up their tanks in case things get worse in coming days.
TRB President Sandra Torres, flanked by lawmakers Paula Rodríguez Homs, Lornna Soto and José Chico during a Thursday news conference. Almost 15 years after the Telecommunications Regulatory Board began regulating the local market, it has gotten the legal go-ahead to include direct broadcast service providers, or satellite television companies, within its jurisdiction. Through the approval […]
Alvaro Celis, general director for Microsoft’s multi-country Americas division and Cleber Voelzke, general manager of the Puerto Rico operation. (Credit: © Mauricio Pascual) Microsoft Puerto Rico is looking to change the way people work in Puerto Rico by practicing what it preaches. On Wednesday, the company inaugurated its new $2.5 million, 13,000 square-foot headquarters at […]
Jorge Martel As Puerto Rico’s dynamic wireless mobile market continues to evolve, so do customer trends and needs. For T-Mobile, notable tendencies that have emerged in recent months are a growth of the so-called “affordable smartphone” customer segment and a demand for more and better mobile content. During his first meeting with members of the […]
Carlo Marazzi Promising to offer affordable high-speed Internet to all of Puerto Rico, the $32.5 million Puerto Rico Bridge Initiative was officially inaugurated Tuesday, with the goal of eventually expanding a broadband footprint to the entire island. The inauguration of the first phase of the network comes nearly a year after PRBI project manager Critical […]
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA