TRB still working on prepaid phone registry, calls CTIA lawsuit ‘premature’
February 17, 2012
The Telecommunications Regulatory Board is still in the early stages of developing the regulations necessary to enforce Law 280 that mandates creating a mechanism to register and track customers buying prepaid handsets in Puerto Rico, agency President Sandra Torres said Thursday.
chat_bubble0 Comment
visibility3093 Views
AT&T’s speed throttling unleashes calls to TRB, Facebook group
February 17, 2012
The apparent customer discontent related to AT&T’s decision to throttle speeds for heavy data users signed up to unlimited plan unleashed a stream of phone calls and emails to the Puerto Rico Telecommunications Regulatory Board, which fielded about 120 of them between Wednesday and Thursday, News is my Business learned.
chat_bubble0 Comment
visibility2440 Views
Grupo Triple-S inaugurates new $4M service center in Mayagüez
February 17, 2012
Grupo Triple-S opened recently opened a new service center in Mayagüez that will allow the company to expand operations in the area and offer all products from its health, life and property business lines. The company invested $4 million in the new 8,200 square-foot facility located on PR-114 close to the Mayagüez Mall.
chat_bubble0 Comment
visibility2748 Views
Wireless trade group CTIA sues P.R. gov’t over prepaid phone registry law
February 16, 2012
The CTIA-The Wireless Association, which represents the largest wireless carriers in the nation, filed a civil complaint against the government of Puerto Rico asking the U.S. District Court in San Juan to invalidate Law 280 establishing a mandatory registry of prepaid mobile phones in Puerto Rico.
chat_bubble0 Comment
visibility4097 Views
Popular Mortgage closes $1.3B in residential loans in ’11
February 16, 2012
Popular Mortgage wrapped up 2011 with a 7 percent year-over-year growth, closing on 9,773 residential loans worth nearly $1.3 billion, division President Pablo Pérez said Wednesday.
chat_bubble0 Comment
visibility3031 Views
Fort Buchanan awards $34M contract for energy efficiency projects
February 16, 2012
Milwaukee-based Johnson Controls and the U.S. Army announced a $34.2 million federal contract for energy efficiency improvements at Fort Buchanan and U.S. Army Reserve Centers in Puerto Rico. The project will save $61 million in energy and operational costs over the next 16 years and create at least 100 local jobs.
chat_bubble0 Comment
visibility6074 Views
Tourism Co. throwing support behind ‘paradores’
February 16, 2012
Acknowledging that 2011 was a “challenging” year for Puerto Rico’s small inns, Tourism Company Executive Director Mario González-Lafuente called a meeting with industry executives Wednesday to present a proposal to aggressively promote those hotels among travel agents.
chat_bubble1 Comment
visibility2706 Views
Lexus rolls out 2013 GS luxury sports sedan
February 16, 2012
After revolutionizing the luxury car segment for more than 20 years with quality and technologically-superior vehicles, Puerto Rico Lexus executives unveiled Wednesday the future of the brand with the launch of the next-generation GS model.
chat_bubble0 Comment
visibility3487 Views
P.R. retail sales reach $35.3B in ’11, up 3% year-over-year
February 15, 2012
Puerto Rico’s retail sales reached $35.3 billion in 2011, reflecting a $1 billion year-over-year growth, which government officials said Tuesday is a sign “that consumers are keeping optimistic and the island’s economy is maintaining its pace toward recovery.”
chat_bubble0 Comment
visibility2745 Views
Inter American University hosting global economy forum
February 15, 2012
The Business Administration Masters program of the Inter American University in Arecibo will be hosting a panel discussion on the "Implications of Globalization on Puerto Rico’s Economy," to present the impact of recent changes in the international economy, and exchange ideas and analysis on how to address them.
chat_bubble0 Comment
visibility2730 Views
Condado Travel partners with JetUs to supply private jet services
February 15, 2012
Condado Travel, a Puerto Rico-based affiliate of American Express Travel Partner Network, which has been specializing in corporate and leisure travel since 1969, has partnered with JetUs to broaden their travel services and expertise with an option for private charter.
chat_bubble0 Comment
visibility2531 Views
Cupid generates $17.6B in Valentine’s Day sales
February 14, 2012
If the empty shelves and aisles at several local retail establishments is any indication, Puerto Rican consumers may be spending the same, if not more, than what they did last year to shower their loved ones with candy, flowers and jewelry this Valentine’s Day.
chat_bubble0 Comment
visibility2666 Views
25% more P.R. taxpayers can file short forms this year
February 13, 2012
About 25 percent more Puerto Rico taxpayers will be able to file the short form this year as the 2010 Tax Reform takes full effect, simplifying many reporting processes that previously required the more complicated long form, Treasury Deputy Secretary Blanca Álvarez-Ramírez told News is my Business.
chat_bubble0 Comment
visibility2735 Views
Avaya recognizes business partners, outlines growth strategies
February 13, 2012
Business communications and collaboration systems and services provider, Avaya, recently held its Caribbean Partner Connection Day 2012 in Puerto Rico, where it recognized the work of its partners on the island and throughout the Caribbean.
chat_bubble0 Comment
visibility3719 Views
Court stays out of OneLink/Claro controversy, TRB issues IPTV franchise contract
February 10, 2012
The arrival of television-via-broadband could happen this quarter, as Puerto Rico Telephone (Claro) had mapped out, after the U.S. District Court dismissed complaint filed by OneLink Communications opposing the manner in which the license to launch the service was granted.
chat_bubble0 Comment
visibility2883 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA