Puerto Rico Telephone Company

From Wikipedia, the free encyclopedia

(Redirected from TELPRI)
Jump to: navigation, search
Puerto Rico Telephone Co. Inc.
Type subsidiary of América Móvil (NYSEAMX)
Founded 1983
Headquarters Guaynabo, Puerto Rico, USA
Key people Cristina Lambert, President/CEO
Industry Telecommunications
Products Wireless, Telephone, Internet, Television
Revenue Investigating.
Employees 4,649
Slogan Todo Por Responderte.
Website www.telefonicapr.com

Puerto Rico Telephone (PRT), is the largest Puerto Rican telecommunications services company. It is headquartered in Guaynabo, Puerto Rico and has operated for almost a century offering voice, data, long distance, broadband, directory publishing and wireless services for the island residents and businesses. It was a public corporation for many years until the majority stakes were acquiered by GTE in the mid-1990s. It was a subsidairy of Verizon Communications, due to GTE's involvement in the creation of new telecommunications giant Verizon.

On April 3, 2006 Verizon Communications announced it had agreed to sell its stakes in Puerto Rico Telephone and their sole ownership of the main Dominican telephone company Verizon Dominicana, now Claro-CODETEL, to América Móvil of Mexico.[1] [2]

On December 31, 2006 Verizon and América Móvil completed Claro-CODETEL ownership transfer into Mexican hands. After another three months and various litigations upon the Federal Communications Commission, which had advise from the Junta Reglamentadora de Telecomunicaciones de Puerto Rico, in March 30, 2007 Telecomunicaciones de Puerto Rico, Inc. (TELPRI) assets were completely acquired by América Móvil. The purchase was closed after an agreement to purchase from Popular, Inc., the government of Puerto Rico and the PRT employee stock ownership program, the reamining stocks of TELPRI at the same price as Verizon.

To present day, América Móvil is the 100% owner of the company[3] and has rebranded PRT's wireless arm under their international Claro brand[4].

  1. ^ "[http://newscenter.verizon.com/press-releases/verizon/2007/verizon-communications-2.html Verizon Communications Completes the Sale of Its Interest in Puerto Rico Telephone]." Verizon International-Puerto Rico, Dominican Republic and Venezuela.
  2. ^ "Verizon Communications Completes the Sale of Its Interest in Verizon Dominicana." Verizon International-Puerto Rico, Dominican Republic and Venezuela.
  3. ^ "[http://www.cellular-news.com/story/22938.php América Móvil acquires PRT]." Cellular-news.com April 2, 2007.
  4. ^ "[http://www.telegeography.com/cu/article.php?article_id=17275&email=html| América Móvil completes takeover of PRT, rebrands mobile arm as Claro ]." Teleography's CommsUpdate April 2, 2007.
Advanced Search
Included Web Search Engines


Safe Search

close

Top Matching Results

Occasionally Search.com will highlight specialized results that are based on the context of your query. Examples of specialized results include specific links to news, images, or video.

Top Matching Results may highlight information from other Search.com pages, content from the CNET Network of sites, or third party content. The listings are based purely on relevance. Search.com does not receive payment for listings in this section but our partners that provide this data may get paid for listing these products.

Sponsored Links

This section contains paid listings which have been purchased by companies that want to have their sites appear for specific search terms and related content. These listings are administered, sorted and maintained by a third party and are not endorsed by Search.com.

Search Results

Search.com sends your search query to several search engines at one time and integrates the results into one list which has been sorted by relevance using Search.com's proprietary algorithm. You can customize the list of search engines included in your metasearch from the preferences.

The search engines that are used in your metasearch may allow companies to pay to have their Web sites included within the results. To view the Paid Inclusion policy for a specific search engine, please visit their Web site. Search.com does not accept payment or share revenue with any search engine partner for listings in this section.