The telecommunications industry is a vital segment of Puerto Rico’s economy, in which PRTA members make a positive and significant impact. In the past six (6) years alone, the industry has invested $4 billion in physical and technological infrastructure.

Our members have contributed an average $543 million annually in state and municipal taxes over corporate income, in addition to the income tax paid individually by employees. In context, our industry produces approximately $3.75 billion annually, or 5.4% of Puerto Rico’s National Gross Product (NGP) at its current rate. It employs more than 9,000 people with an estimated payroll that is upwards $91.3 billion each year, which are injected back into the economy and have a multiplying effect. In 2012, the average annual salary for employees in Puerto Rico was $24,905, while the telecommunication industry’s annual salary averaged $41,714.

We firmly believe that the government must be a facilitator rather than a competitor of the private sector. Our members are committed to providing excellent service and to invest in Puerto Rico. This initiative includes the encouragement of establishing new businesses and creating new jobs. Also, we emphatically support the export of software and telecom-related goods and services.