OneLink sold to Liberty Cablevision for $585M
June 26, 2012
MidOcean Partners and Crestview Partners confirmed today that they have entered into a definitive agreement with the local subsidiary of Liberty Global Inc. and investment funds affiliated with Searchlight Capital Partners, L.P. to sell 100 percent of San Juan Cable LLC, known as OneLink Communications for $585.25 million.
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Liberty mulling OneLink acquisition
June 25, 2012
Luquillo’s Liberty Cable is in talks to buy the assets of San Juan’s cable television provider OneLink Communications through a transaction that could be worth about $560 million, News is my Business learned.
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PRBI kicks off islandwide microwave network deployment
June 25, 2012
Critical Hub Networks officially kicked off the deployment of the Puerto Rico Bridge Initiative’s islandwide microwave network this month, initiating the final phase of the broadband project, company officials announced.
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‘App Idol’ contest unleashes creativity among students, entrepreneurs
June 19, 2012
Four teams comprising local students and entrepreneurs walked away the winners of Puerto Rico’s first mobile application development competition sponsored by Microsoft, Nokia, the Economic Development Department, and the Puerto Rico Gamers Association.
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FCC levies $25K fine against Angulo-owned radio station
June 18, 2012
The Federal Communications Commission has issued a $25,000 fine against A Radio Company Inc., operator of the WEGA 1350 AM radio station, for failing to uphold an agreement entered into between the parties last year through which the Vega Baja operation agreed to pay $8,000 for violating agency rules.
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Wireless carriers ready to ride out ’12 hurricane season
June 11, 2012
Although this year’s hurricane season is just getting underway, several of the island's wireless carriers have disclosed their network preparedness and recovery plans, confirming their ability to be ride any storm that heads Puerto Rico’s way.
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Claro Puerto Rico joins global fight against AIDS
June 8, 2012
Claro Puerto Rico, a unit of América Móvil, announced Thursday the launch of its (Claro)RED initiative that coupled with the (RED) Rush to Zero campaign, seeks to eradicate the AIDS virus by 2015.
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Local delegation promotes P.R’s broadband needs in DC
June 6, 2012
Resident Commissioner Pedro Pierluisi told members of Congress Tuesday Puerto Rico needs to “have the correct policies in place, on both the federal and local level, to enable households and businesses … to access and adopt high-speed Internet and other modern telecommunications services at affordable rates.”
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Claro, Microsoft partner to deliver Office 365 to small, mid-sized businesses
May 31, 2012
Looking to provide easier and better accessibility to email, documents and applications anytime, anywhere Claro Puerto Rico and Microsoft Corp. have partnered to launch Office 365, a cloud-based suite of productivity tools designed for small and mid-sized businesses.
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CTIA: Wireless products, services driving socioeconomic change
May 29, 2012
Wireless products and services are a powerful agent of social change that give billions of people around the world, including Puerto Rico, with anytime, anywhere access, according to a recent report by BSR and commissioned by CTIA-The Wireless Association.
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FCC changes put $180M in telecom funding to P.R. at risk
May 23, 2012
Some $180 million that Puerto Rico receives in funding assigned annually through the Federal Communications Commission could be at risk due to the methodologies the agency is implementing to phase out the Universal Service Program and usher in its replacement, the Connect America Fund.
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T-Mobile P.R. unscathed by 2nd wave of stateside layoffs, signs Culson for ad campaign
May 16, 2012
T-Mobile USA announced Tuesday there will be a second round of layoffs in coming weeks as it continues to restructure its operation, a decision that will have no impact on its Puerto Rico operations, local officials confirmed.
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CIO lays out strategy to push island broadband adoption rate to 70% by ’15
May 15, 2012
The Puerto Rico Broadband Task Force, a 12-member public-private coalition organized a year ago, is laying the foundation to more than double current broadband adoption levels across the island to at least 70 percent by 2015, up from the current 31 percent, and expedite a significant increase in download speeds within the next five to eight years.
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T-Mobile scores victory in PRT billing dispute
May 9, 2012
The U.S. Court of Appeals for the First Circuit put an end earlier this month to a nearly five-year-old billing dispute between T-Mobile and Puerto Rico Telephone involving several million dollars in charges related to network interconnection and transport facilities.
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Open Mobile ‘not worried’ about S&P’s credit outlook revision
May 9, 2012
Saying Open Mobile’s parent company, P.R. Wireless, has “less than adequate” liquidity, credit ratings agency Standard & Poor’s revised its outlook on the wireless carrier to negative from stable and affirmed its ratings, including the 'B' corporate credit rating.
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