, Puerto Rico On April 3, 2006,
Verizon Communications announced it had agreed to sell its stakes in Telecomunicaciones de Puerto Rico, Inc. (TELPRI) and their sole ownership of the main
Dominican telephone company
Verizon Dominicana, now
Claro República Dominicana, to
América Móvil of Mexico. On December 31, 2006, Verizon and América Móvil completed Verizon Dominicana ownership transfer into Mexican hands. After another three months and various litigations upon the
Federal Communications Commission, which had advised from the Puerto Rico Telecommunications Board, on March 30, 2007, 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 telephone company employee stock ownership program, the remaining stocks of TELPRI at the same price as
Verizon. Currently,
América Móvil is the 100% owner of the company and has rebranded the wireless arm of the company -formerly
Verizon Wireless- under their international
Claro brand. As of February 2011, America Móvil has rebranded its wireline (fixed line), broadband DSL, television and dial-up services as Claro. The only services that, for now, remain branded as Claro - Puerto Rico Telephone are business, government or corporate. Effective March 2013, all Claro Puerto Rico have been rebranded. Services to business, government and enterprises are now offered under the Claro Empresas brand. ==Relationship with Verizon Wireless==