5G Consumers, Businesses Are Ahead Of The Media Regarding Growth
5G consumers and businesses are ahead of media reports regarding the implementation and growth of the new disrupting technology. Perhaps because they are impatient for 5G to get started in daily life, media outlets are sometimes reporting that 5G growth is too slow. But eager consumers and astute businesses have a different view. 5G SmartPhones are coming, but not quick enough?
Media companies such as Stock Market Press are reporting on the fast growing blockchain 5G telecommunications market. It keeps readers up to date on 5G company stocks such as iQSTEL Inc. (OTC: IQST), Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS), Sprint (NYSE: S) and Ericsson (NASDAQ: ERIC), HIVE Blockchain Technologies Ltd. ( (OTC: HVBTF) and Long Blockchain Corp. (OTC: LBCC) in 5G and blockchain networks. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
5G Consumers, Businesses Are Ahead Of The Media Regarding Growth
Take 5G in the legal profession, for example. This is a new and quick technology that affects all parties to an agreement to see a fully transparent document. If any changes are made — or further actions, such as payments, are agreed to — all parties can verify that they have been made. In business, 5G is changing the way IoT internet, appliances and driverless vehicles will impact daily life domestically and globally. 5G SmartPhones are already here. Is that fast enough of media columnists and experts? 5G consumers, businesses are ahead of the media regarding growth.
Companies Like iQSTEL Inc. (OTC: IQST) Seen Playing Important Role In 5G
While the media is slow to see the new fifth generation technology and the impact of 5G on business and consumers, telecommunications companies are are aggressively pursuing M&A activities as the industry ramps up infrastructure building. This week, iQSTEL Inc. (OTC: IQST) added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain.
Mr. Iglesias, CEO of iQSTEL, said, “itsBchain is uniquely position to develop telecom applications based on smart contracts and blockchain technologies. Mobile number portability and carrier wholesale VoIP, SMS and Data payment solutions are just two of the projects itsBchain has under development. We believe the synergy between our subsidiaries, as well as our existing clientele, will greatly benefit from this new acquisition.”
Mr. Iglesias said management of the newly acquired company would further enhance the synergy between the portfolio companies of iQSTEL Inc. (OTC: IQST). The company, itsBchain, is a blockchain solutions provider which plans to develop telecom blockchain solutions for carrier, corporate and retail markets. The parent company has a wholly-owned subsidiary, Etelix, an American based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). The other is 51% owned SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more.
Beta-Ready Solutions For Tier-1 Carrier Clients
Mr. Iglesias added, “Mr. Scavo will be helping itsBchain and iQSTEL develop next-generation blockchain and artificial intelligence (AI) telecom solutions. itsBchain has several software products completing the alpha testing stage of and we are confident we’ll have beta-ready solutions to offer our Tier-1 carrier clients in the coming days/weeks.” Mr. Iglesias has been invited for an interview March 25 at NASDAQ Marketsite in Times Square, New York, to discuss the company’s performance and its future plans.
QSTEL Inc. (OTC: IQST) And Subsidiares Grow Sales
QSTEL Inc. (OTC: IQSTEL), including its subsidiaries, reported 2019 sales of near $22 million, an 18.5% jump from the prior year. For January 2020, the parent company reported consolidated net sales of $1,844,258, representing a 32% jump in volume when its SwissLink sales are factored in. For subsidiary Etelix, January 2020 sales were $1,459,358, its highest January ever since its inception in 2007. Etelix performance showed a YOY 4% organic growth gain in January 2020., the company said.
Companies in the 5G industry are preparing for the future in several fields. This is a case where the media is impatient for quicker implementation. In this case, the industry is ahead of the media reporting on its progress. 5G consumers, businesses are ahead of the media regarding growth.
Source: Stock Market Press
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