Puerto Rico Economic Pulse ©

January 2000: Puerto Rico`s Changing Telecom Universe

Both consumers and service providers stand to win

Globalization has reshaped economies all around the world transforming local markets into world affairs. Mergers and acquisitions have redefined the might of the players. They are now bigger, more cost-efficient and ever-seeking a competitive edge. In PR, federal laws and local deregulation acts in 1990 and particularly in 1996 have redefined what telecommunications are all about. This highly technologically driven sector is changing faster than a speeding bullet. More services, new technologies, lower competitive prices are just some of the features in this new universe. With the sale of publicly owned PRTC, can we expect more competition? Find out where all this is going.