5G Demand Is Growing And That’s Good News For iQSTEL Inc. (OTC: IQST) And Other Players

 In NASDAQ: ERIC, NASDAQ: QCOM, NASDAQ: QRVO, NASDAQ: SWKS, NASDAQ: VZ, NASDAQ:TMUS, NYSE: AT&T, NYSE: BAC, NYSE: S, NYSE: T, NYSE: VZ, OTC: IQST

5G demand is growing and that’s good news for iQSTEL Inc. (OTC: IQST). Without being high-technology experts, consumers already know that 5G is quicker, more reliable wireless and offers a wealth of next generation telecommunications. Some consumers already own 5G ready televisions and other appliances at work and home. Consumers cannot wait for 5G to arrive.

Stock Market Press is reporting on the 5G telecommunications market progress by keeping readers up-to-date on such company stocks as iQSTEL Inc. (OTC: IQST),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS), Sprint (NYSE: S), Ericsson (NASDAQ: ERIC) in 5G networks. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.

5G demand growing and that’s good news for iQSTEL Inc. (OTC: IQST)

Are consumers ready for 5G? Yes, says a recent survey of 1,000 people in December 2019 that finds that 25% of U.S. iPhone owners plan to buy a $1,200 5G model. That’s great news for firms such as Apple, but it also means that owners of 5G-ready devices, such as televisions, are pre-sold on the new technology. 5G demand is growing and that’s good news for iQSTEL Inc. (OTC: IQST).

iQSTEL Inc.’s (OTC: IQST) wholly-owned subsidiary Etelix provides Submarine Fiber Optic Network capacity for internet (4G and 5G). It was founded in 2008 and been profitable since inception, the company said. Last year, it reported an 18.5% jump in revenues. iQSTEL Inc. (OTC: IQST) also owns 51% of European subsidiary, SwissLink Carrier AG.

iQSTEL Inc. (OTC: IQST) Involved In 5G

iQSTEL Inc.’s (OTC: IQST) is heavily involved in telecommunications and 5G infrastructure building. iQSTEL Inc. is a telecommunications technology company which offers a wide array of services including: Internet of Things (IoT) data solutions, Blockchain solutions for the industry, Mobile Virtual Network Operator (MVNO) services and others.

Consumers are also business influencers and decision makers. Reinforcing their excitement about 5G telecommunications technology was the recent 5G signing by Verizon (NYSE: VZ) on some of its revolutionary TV cameras at last week’s Super Bowl. Seen by some 100 million people worldwide, the event offered a glimpse into the future for many — creating demand for 5G by consumers and businesses. 5G demand is growing and that’s good news for iQSTEL Inc. (OTC: IQST). Whether it’s 5GiPhones, driverless cars, 5G televisions and internet, demand for the fifth generation bandwidth technology is bursting. 5G infrastructure is wanted yesterday, but government squabbles is slowing its installation.

North American Slowdown In 5G

The dispute between the U.S. and Chinese provider Huawei is making 5G installation more costly, time consuming and impacting North America’s participation in the new technology. The endless antitrust regulatory activity holding up the proposed Sprint (NYSE: S) and T-Mobile (NASDAQ: TMUS) merger is only making the situation slower. Some analysts say that the U.S. could activate a plan to have 5G fifth generation technology domestically by 2024. It would be a full, stand alone network and speed infrastructure installation.

5G demand is growing and that’s good news for iQSTEL Inc. (OTC: IQST) and the entire telecommunications industry. Creating demand is expensive and requires large amounts of educational spending. But demand for 5G is already present — it’s the installation of wide ban spectrum that lags government, business and consumer desire for infrastructure. Governments and consumers are pre-sold. 5G iPhones will fly off shelves, when they arrive.

Source: Stock Market Press

Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.

Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.

Contact:

Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com Safe Harbor Statement:

Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

See Stock Market Press disclaimer: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press

One analyst on the site said that 5G technology is likely to be a multiple year, secular driver broadly across the semiconductor universe. More suppliers of fiber optic cables and equipment to build small cells are already required, investors.com analysis said. Cloud computing infrastructure will also need new links as it is impacted. 5G will bring us not only smart homes, but smart cities and autonomous driving and industrial applications for ioT.

In the telecommunications world, 5G is already here. Faster and more rapid communications is a significant part of the initial sell. But longer term, 5G technology investment will warrant reviews by investors because the impact of 5G will be more far-reaching than some may think.

Consumer Changes

To the consumer, 5G will impact every aspect of life from TV and internet to transportation and smartphones. 5G will over the next several years bring more computing speed and ability to communicate, but will also negatively impact other proven but soon to be obsolete devices and technologies.

As investors make 5G technology investment decisions to participate in future profit opportunities, some accepted older technologies will be hit. Like a lonely landline telephone connection in a 4G world, older devices and strategies will be left behind. Internet access, cable connections and TV will not be the same. Aged 4G phones will be hit as will.

Ripple Impact

Bank of America (NYSE: BAC) recently estimated that the market for 5G semiconductors would reach $19 billion by 2022 compared to only $593 million last year, the report said. The ripple impact of 5G will be felt in fiber optic installation, cellphone towers, robotics, remote health care, overnight delivery services and virtual reality applications. To stock buyers, 5G technology investment opportunities will be overwhelming.

Significant Return

For all their investments, consumer companies such as Verizon (NASDAQ: VZ), caution investors not to expect a significant return from their 5G expenditures until 2021. AT&T (NYSE: AT&T), however, says that it expects a quick return on its business-based 5G spending. One analyst quoted said 4G was seen as a boon to consumers, but 5G is perceived more as a business services technology. However, 5G benefit offshoots will play into the everyday role of consumers.

5G cloud gateways are being developed and will present 5G technology investment opportunities. Mini date centers are envisioned for links to cloud computing infrastructure, one analysis finds. Edge computing is a new strategy for operating on the fringes of networks, the article in investors.com analysis reported.