Sprint announced today it has improved 3G service in Puerto Rico and also expanded 4G LTE service to more customers – launching its faster data network in Aguadilla, Isabela, Cabo Rojo and Mayagüez.
The cost of broadband service in Puerto Rico has dropped by more than 75 percent since 2009, when carriers charged between $40 and $65 per Megabit per second, to less than $10 per Mbps in 2012, said Carlo Marazzi, President of Critical Hub Networks, which released Monday the "Puerto Rico Bridge Initiative’s Project Summary & Achievements" report detailing the impact that its ARRA-funded broadband project has made in improving broadband services on the island.
PayTech Corp, a Puerto Rico based company offering electronic payment solutions including credit and debit card processing, is looking to expand its presence in the rapidly growing mobile payment market with PayPocket, a new application for iPhones and iPads.