Porto Rico Telephone Company stock certificate 1960

Interesting telephone  collectible stock with a great vignette of the island map with a rotary phone between a radio tower and a telephone pole. Issued and cancelled. Dated 1960. Name changed from Porto Rico to Puerto Rico around 1960.

Founded in 1914, Puerto Rico Telephone Company, Inc., doing business as Claro Puerto Rico, offered telecommunications services in Puerto Rico and the Caribbean. Claro Puerto Rico is the largest Puerto Rican telecommunications services company. It is headquartered in Guaynabo, Puerto Rico, and has operated for almost a century offering voice, data, long distance, broadband, directory publishing and wireless services for the island residents and businesses. It was founded by the brothers Behn, Sosthenes and Hernan.

Originally, Puerto Rico Telephone Company eventually spawned ITT Corporation, which was founded by Sosthenes Behn. The company was a public corporation of the government of Puerto Rico for many years until the majority stakes were acquired by GTE in the mid-1990s. It was a subsidiary of Verizon Communications until it was fully acquired by América Móvil in 2007.