WorldNet marks 25th anniversary with 28% revenue growth
May 13, 2021
WorldNet Telecommunications, founded in San Juan in 1996, is marking its 25th anniversary with a string of accomplishments, including an increase in revenue of 28% and of 86% in accounts at the end of its fiscal year, it announced. The success is attributed to “sales efforts, product development and the acquisition of some commercial assets […]
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FCC green-lights 2 wireless providers to deploy more spectrum in Puerto Rico
May 10, 2021
The Federal Communications Commission (FCC) has given the go-ahead to Federated Wireless Inc. and Key Bridge Wireless LLC — two companies that will work to deploy more wireless spectrum in Puerto Rico, based, for the first time, on the 3.5 GHz band. In a release, the regulatory agency said the approval will make the “critical” […]
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Liberty Puerto Rico nearly triples revenue in 1st full quarter after AT&T acquisition
May 7, 2021
Liberty Puerto Rico reported a combined revenue of $361.3 million during the first quarter of the year, a growth that benefited from the inclusion of AT&T’s wireless and wireline operations. When compared with the same year-ago quarter, when $104.6 million in revenue was reported, the current figure represents a 245% jump, according to the company’s […]
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7th edition of CIO & IT Leadership Conference will take place virtually
May 6, 2021
The Puerto Rico Information Technology Cluster (PRITC) announced that it will hold the 7th edition of its CIO & IT Leadership Conference — this time virtually — on May 14. This conference is known for “being the most important and popular main platform of the island’s computer industry,” organizers said. One of the main issues […]
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eBay reports a double-digit percentage growth in Puerto Rican sellers
May 5, 2021
Online marketplace platform eBay has reported a significant increase in Puerto Rican sellers by a double-digit percent. The products vary significantly, many of them were previously absent from the website before the pandemic. The company did not reveal the exact growth figure, in numbers. “2020 changed our entire way of living, consuming, and doing business, […]
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Fitch upgrades Liberty Puerto Rico’s credit rating, as it launches co-branding campaign
May 3, 2021
Liberty Puerto Rico recently got a boost from Fitch Ratings, which upgraded its revolving credit and other financial tools, while affirming its long-term outlook, News is my Business confirmed. The company, which over the weekend entered the co-branding stage of its integration process with AT&T Mobility Puerto Rico, which it acquired last year. As part […]
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Evertec sells box office service Ticketpop to rival Ticketera
April 30, 2021
As part of a strategic move to continue strengthening its focus on offering financial technology in the Puerto Rico and Latin American markets, Evertec announced the sale of its box office division, Ticketpop, to rival Ticketera, which specializes in online event ticket sales. The financial terms of the deal were not disclosed. “It hasn’t been […]
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Evertec reports revenue increase of 14% to $139.5M in 1Q21
April 30, 2021
Financial technology firm Evertec announced results for the first quarter ended Mar. 31, 2021, which included a revenue increase of 14%, to $139.5 million, benefitting from volume growth and continued increase of digital solutions in Puerto Rico as well as the new client contracts in Latin America. The current revenue compares with $121.9 million reported […]
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Practical Techie: Sense of touch is soon coming to our virtual worlds
April 20, 2021
Web technology makes continuous inroads into physical reality, this time attempting to replicate one of our most precious senses: the human touch. Touch gives us a deeper understanding of things, which cannot be fully experience by sight, or hearing. The task ahead is to replicate as much of its real life tact authenticity into machines. […]
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Practical Techie: FBI warns of weird videoconferencing hack
April 14, 2021
Cyber criminals have no limits to their evil and no lack of creativity, either. A year after the onslaught of the COVID-19 pandemic a weird, malicious form of cyber kidnappings is occurring in the unlikeliest of venues: the virtual classroom. The bad guys call their villainy “zoom-bombing.” A recent announcement by the FBI alerted unsuspecting internet users […]
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T- Mobile unveils #5GFORAll plan, as it blankets 80% of Puerto Rico
April 9, 2021
Wireless carrier T-Mobile will be giving customers a free upgrade to 5G through its #5GFORAll plan, as it continues to expand its next-generation network across Puerto Rico. The carrier has achieved more than 80% of network coverage in all areas of the 78 municipalities, including Vieques and Culebra in the past year. Jorge Martel, general […]
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HughesNet expands Puerto Rico footprint to serve increased demand for broadband
April 7, 2021
Satellite technologies and networks provider Hughes Network Systems LLC announced it has secured additional capacity over Puerto Rico for its HughesNet satellite internet service. The capacity increase — on the existing Hughes 63 West satellite payload — seeks to improve customer experience for current HughesNet subscribers across Puerto Rico and enable Hughes to serve more […]
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Practical Techie: Maps by Google add useful eco-friendly data
April 7, 2021
Google has become more environmentally friendly with its map platform, adding some 100 new features, all powered by artificial intelligence. The improvements include real-time views (Live View) of streets and landscapes with climatic and environmental factors, announced Carlos M. Rivera-Cuesta, of Partners Communications, a Google spokesperson in Puerto Rico. “Live View uses augmented reality data […]
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Practical Techie: The mazes of the Dark Web are intricate and bizarre
March 31, 2021
Warning. Read this column at your own risk. Temptations may arise for the reader to embark on risky adventures into the darkest domains of the Internet. The Deep Web has many names, but it is the one and the same dark, almost inaccessible “place.” A mysterious, not easily navigated electronic realm, a depository of all […]
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Puerto Rico’s short-term rental community sees revenue growth amid pandemic
March 29, 2021
Quibble Revenue Management for Vacation Rentals, a company that has designed software that uses science-based optimization and technology to help the island’s short-term rental community set their pricing strategies, has seen an increase in monthly revenue by 24% to 34% since October 2020. This growth was confirmed by the firm founded in August 2020, which […]
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