P.R. could quadruple labor productivity, boost GDP to 3.8% through AI adoption
November 6, 2019
Puerto Rico’s economy could “greatly benefit” at the structural level with the opportunities brought by technologies such as the cloud or artificial intelligence, which could boost its GDP to 3.8% in the next decade, according to a study presented by Microsoft Corp. “The impact of AI on the Puerto Rico labor market” is a study […]
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Evertec reports 6% year-over-year revenue growth $118.8M in 3Q19
October 31, 2019
Evertec Inc. announced results for the third quarter ended Sept. 30, which showed that revenue grew 6% to $118.8 million compared with $112.0 million in the prior year. Revenue increase in the quarter reflected growth across all segments and included benefits from value added solutions, new managed services and other pricing actions. Additionally, increased revenue […]
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Market Tech Consulting opens $1M contact center in Bayamón
October 11, 2019
Marking its third year of operations in Puerto Rico, Market Tech Consulting has inaugurated a new contact center in Bayamón staffed by a 100% local workforce to provide commercial and service support to businesses and professionals. The new facilities entailed an investment of $1 million and house 187 work units that generate 300 direct local […]
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T-Mobile’s Legere: ‘Way to abandon people, @ATT!!’
October 10, 2019
AT&T’s announcement that it plans to sell its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to Liberty Latin America drew reactions from members of the industry, including its main competitor T-Mobile. T-Mobile CEO John Legere, who is known for his outspokenness and for taunting his competitors, took to his Twitter […]
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Sale of AT&T Puerto Rico’s assets would usher out brand after decades in the market
October 10, 2019
The AT&T brand has been a fixture in the Puerto Rico market for decades, during which it has been associated with both wireless and wireline services — a dominant carrier for when per-minute, long-distance calling existed — that changed the face of local telecommunications. The AT&T name has been around since the telephone was invented. […]
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Liberty Latin America to acquire AT&T’s operations in P.R./USVI for $1.95B
October 9, 2019
Liberty Latin America Ltd. announced it has entered into a definitive agreement to acquire AT&T Inc.’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands, in an all-cash transaction valued at $1.95 billion. “This strategic and complementary acquisition is an exciting and unique opportunity to expand our business in one of our […]
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FCC approves $950M to improve broadband in P.R./USVI
September 27, 2019
https://media.blubrry.com/dollarsandsensenewsismybusines/newsismybusiness.com/wp-content/uploads/2019/09/NIMB-Podcast-AJIT-PAI-FCC_mixdown.mp3Podcast: Play in new window | DownloadSubscribe: Apple Podcasts | RSSFor additional details about the FCC’s decision, check out our exclusive interview with Ajit Pai in the latest episode of our “Dollars and Sense” podcast series. Just click on the link to the audio above! The Federal Communications Commission approved $950 million in funding to […]
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Piloto 151, Evertec launch speaker series on female tech leaders in P.R./LatAm
September 24, 2019
With the purpose of increasing women’s participation in the technology sector, Piloto 151, with its series Womentechover, and Evertec, announced the launch of a speaker series in Puerto Rico and Latin America to highlight the stories of female leaders in the industry who can serve as role models and help move the diversity needle. The […]
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T-Mobile bestows $10K grants each to 3 P.R. nonprofits
September 20, 2019
On the two-year anniversary of Hurricane María’s devastating path through Puerto Rico, wireless carrier T-Mobile announced the first round of its T-Mobile Foundation Regional Grants for Puerto Rico, granting $10,000 each to Para la Naturaleza, Extra Bases Foundation and the Special Olympics. Since the hurricane devastated the island, T-Mobile has spared no expense to rebuild […]
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Liberty LatAm picks TiVo to launch next-generation TV services in P.R.
September 16, 2019
Liberty Latin America has selected TiVo’s Next-Gen Platform to deliver “cutting-edge innovations” to its video customers in Puerto Rico, the companies announced. Over time, Liberty Latin America also plans to launch TiVo’s Next-Gen Platform in other markets across Latin America, TiVo executives confirmed. TiVo’s Next-Gen Platform enables Liberty Latin America to seamlessly transition to IPTV […]
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FCC circulating order to OK $950M to strengthen broadband in PR/USVI
September 5, 2019
Federal Communications Commission Chairman Ajit Pai circulated a draft Order to his fellow commissioners that would provide approximately $950 million in funding to “storm-harden, improve, and expand” broadband networks in Puerto Rico and the U.S. Virgin Islands, which were devastated by Hurricanes Irma and María in 2017. This is the second round of funding under […]
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Digital transformation requires businesses to keep up with innovation
August 23, 2019
Digital transformation has revolutionized the way of doing business, and for business leaders, the next three years will be the most important in more than 50 years, Iván Fraticelli, general manager of Ricoh Puerto Rico said during a conference in San Juan. The digital transformation and the impact on the customer experience in the new […]
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FCC proposes fines against 3 co.’s that interfered with FAA weather radar in P.R.
August 22, 2019
The Federal Communications Commission’s Enforcement Bureau announced proposed fines and issued a formal industry warning related to devices that apparently caused interference to the Federal Aviation Administration’s terminal doppler weather radar station in San Juan. The Enforcement Bureau proposed three separate $25,000 fines against wireless internet service providers Boom Solutions, Integra Wireless, and WinPR. The […]
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.PR internet domain turns 30 later this month
August 16, 2019
Gauss Research Laboratory Inc, the registry operator for .PR, Puerto Rico’s top-level domain, and Afilias, its technology partner, announced that the .PR domain will reach 30 years of service to both the Puerto Rican internet community and the public relations industry on Aug. 27, 2019. “We’re pleased to reach the milestone of 30 years of […]
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FCC Chair recommends OK of T-Mobile/Sprint merger, as U.S. Justice Dept. supports
August 15, 2019
Federal Communications Commission Chairman Ajit Pai circulated a draft order that would approve, subject to conditions, the proposed merger between T-Mobile and Sprint. His decision received immediate backing from the U.S. Justice Department, which stressed on the order’s proposal of the divestiture of Boost Mobile, Virgin Mobile, and Sprint prepaid to Dish Network Corp. “After […]
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