ULTRACOM — or Telecomunicaciones Ultramarinas de Puerto Rico (TUPR) in Spanish— is a telecommunications corporation that manages satellite and submarine communications cable systems connected to Puerto Rico. It is jointly owned by and Telefónica S.A. The corporation was formed in 1992 after the government of Puerto Rico privatized the Puerto Rico Telephone Company and needed to split its assets in order to comply with anti-monopolistic laws. In February 2008, acquired Puerto Rico Telephone's share in ULTRACOM for an undisclosed amount.[1]
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