5G is Changing the Telecom World Across Virtually all Markets
The world market dynamics tend to see ‘waves’ of progress. As with any wave, there are crests and there are troughs. The telecom world’s last wave came with 4G, launched commercially at the end of 2009. While 3G was impressive, the world wide boost to the telecom markets truly came about with the launch of 4G. Recent years has seen us in the trough awaiting 5G. 2018 brought about the beginnings of the next wave with wide testing of 5G in preparation for commercial launches in 2019. With commercial launches underway, 5G is changing the telecom world.
The Super Bowl is this weekend and with it come the commercials many companies use to tout their latest developments. Verizon Communications Inc (NYSE: VZ) is one such company, not only producing an ad for the game but also powering the stadium, a first, with 5G. Touting 5G benefits, they produce a commercial showing what the future will be like for firefighters: https://www.youtube.com/watch?v=fwWw6SuOsVQ . With benefits like this, 5G is changing the telecom world and drawing companies from across the globe to join in. One such company, iQSTEL Inc. (OTC: IQST), has just announced their 51% owned subsidiary’s 2019 revenues were over $5.6M.
Tickers: iQSTEL Inc. (OTC: IQST), Verizon Communications Inc (NYSE: VZ), AT&T (NYSE: T), Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL)
Stock Market Press is a leading financial news company that delivers up to date news. Overview of the latest telecom news this week includes iQSTEL Inc. (OTC: IQST) subsidiary’s $5.6M 2019 revenue, Verizon Communications Inc (NYSE: VZ) firefighter 5G ‘coming soon’ commercial, AT&T (NYSE: T) Q4 earnings beat, Motorola Solutions, Inc. (NYSE: MSI) U.S. critical infrastructure entities modernization, and China Mobile Limited (NYSE: CHL) review of ratings by Moody’s.
iQSTEL Inc. (OTC: IQST)’s announcement of Swisslink’s $5.6M in revenues for 2019 added to Etelix’s revenues puts the cumulative 2019 revenue near $22M. As detailed in today’s news release, “We expect organic growth in these 2 subsidiaries to be in the 20-30% YOY, but more importantly, will be the backbone of our transitioning into a full-service cloud-based 21st century communications provider in the near and mid-term.”
Part of iQSTEL Inc. (OTC: IQST)’s forward thinking strategy includes “soon-to-be-announced services and acquisitions in other horizontal strategic solutions in the 5G, blockchain-based carrier payment, as well as DID portability space.” By seeking out rapid growth and high demand sectors, iQSTEL Inc. (OTC: IQST) is well positioned on the 5G wave for 2020 and years to come.
China Mobile Limited (NYSE: CHL) maintains an A1 rating due to their near ubiquitous control of the telecom market in China. Read the rest of Moody’s review. China Mobile Limited (NYSE: CHL) closed down 2% after a morning rally yesterday.
Q4 earnings beat by AT&T (NYSE: T) saw the market open strong but overall hesitation with the spread of the Coronavirus caused the day to end down 4%.
Shares of Motorola Solutions, Inc. (NYSE: MSI) closed green yesterday ahead of next weeks earnings call. The past month has seen shares of Motorola Solutions, Inc. (NYSE: MSI) move up over 10% as good news flows from the company. Ranking 3rd in Fortune magazine’s ‘world most admired companies’ and their recent announcement of U.S. critical infrastructure entities modernization with 900MHz private broadband solutions.
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