Puerto Rico Receives $26 Million for Broadband Internet

Puerto Rico received $26 million from the Commerce Department to develop access to broadband service on the Caribbean island, the U.S. territory with the slowest Internet connections.

Carlo Marazzi, whose company, Critical Hub Networks, Inc., was awarded the contract to undertake the project in Puerto Rico, will help the island reduce the gap in broadband access.

Marazzi took advantage of the presentation of the Puerto Rico Bridge Initiative project in San Juan to emphasize that it was not acceptable for the U.S. commonwealth to have broadband Internet service that is 78 percent slower than the U.S. national average.

The company chief noted that currently in Puerto Rico only 31 percent of the public has Internet access via broadband service.

Puerto Rico: 3G to Dominate by 2015, Pyramid Finds

as posted here:

CAMBRIDGE, Mass., /PRNewswire/ — 3G technology will account for 82 percent of total mobile subscriptions inPuerto Rico by 2015, according to a new report from Pyramid Research (www.pyr.com).

Puerto Rico: Network Improvements, Possible Operator Consolidation and a Capex Bonanza offers a precise profile of the country’s telecommunications, media, and technology sectors based on proprietary data from Pyramid’s research in the market. It provides detailed competitive analysis of both the fixed and mobile sectors, tracks the market shares of technologies and services, and monitors the introduction and spread of new technologies.

Download an excerpt of this report here: http://www.pyr.com/downloads.htm?id=18&sc=PRN011911_CIRPR

“Puerto Rico’s shrinking fixed voice market, in combination with a growing demand for data applications and contents, brings new revenue opportunities to local operators, both in the fixed and mobile segments,” says Eulalia Marin-Sorribes, Research Analyst at Pyramid. “As Puerto Rico has the highest 3G penetration in Latin America, operators are now trying to make customers use the technology for services beyond SMS and MMS by promoting the use of smartphones,” says Marin-Sorribes.