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 advise 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.