Wednesday, May 10, 2023

Private sector puts on the agenda the need for investment in infrastructure for telecommunications

The deadline for the Puerto Rican government to present a project to access federal funds, for more than US$2 billion, for the development of telecommunications expires in mid year. While working on its wording, the companies in the sector, grouped in the APT, demand greater resilience in the electricity grid, affected by the hurricanes, and a comprehensive vision in order to reduce the digital gap.

During November 2021, US President Joseph Biden signed Public Law 117-88. The "Infrastructure Investment and Jobs Act" proposes an investment of one trillion dollars, a part of which is destined to the deployment of high-speed connectivity infrastructure and other improvements in telecommunications through the National Telecommunications and Information Administration (NTIA), the Department of Commerce and the Department of the Treasury. According to the estimates of Puerto Rican Government, the island could receive US$2.265 billion.

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