The Puerto Rico Telecommunications Regulatory Board has been authorized by law to take over the management of the Universal Service Fund, a task that has been handled by New Jersey-based Solix Inc. for almost a decade.
General Wireless IP Holdings LLC, which owns the RadioShack brand in the United States, Canada, Asia, Europe and other territories throughout the world, will auction its controlling interest in the brand, it announced.
The creation of a Destination Marketing Organization for Puerto Rico is taking shape with the incorporation of the entity at the State Department, as the Corporation for the Promotion of Puerto Rico as a Destination Inc., Tourism Company officials confirmed Thursday.