5G Is Not Just Coming, It’s Here With Quicker Speed And Far Reaching Impact

 In NASDAQ: ERIC, NASDAQ: QCOM, NASDAQ: QRVO, NASDAQ: SWKS, NASDAQ:TMUS, NYSE: CHL, NYSE: MSI, NYSE: S, NYSE: T, NYSE: VZ, OTC: IQSTEL

It’s quick, supplies sharper graphics, impacts internet (IoT), financial global transactions and enables future driverless vehicles. It’s 5G and it is already here. It is being launched in test cities in the U.S. and telecommunications companies large and small are looking at a lucrative opportunity in building 5G networks for the future.

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 Is Not Just Coming, It’s Here With Quicker Speed And Far Reaching Impact

While the eyes of the media are on the role of new 5G SmartPhones from major suppliers and the legal-approved proposed merger between mega providers T-Mobile (NASDAQ: TMUS) and Sprint (NYSE: S), 5G also represents the future for companies like iQSTEL Inc. (OTC: IQST).

For businesses, 5G will have them remain competitive globally with other fifth generation telecommunications owners. As the market sees the debut of 5G ‘flip’ phones from major suppliers, prices of up to $1,000-$1,4000 apiece do not appear to be slowing potential sales. 5G hardware and networks may be initially pricey, but demand for 5G speed and technology is promising and an opportunity for companies such as iQSTEL Inc. (OTC: IQST).

Companies Like iQSTEL Inc. (OTC: IQST) Seen Playing Important Role In 5G

iQSTEL Inc. (OTC: IQST) already has several high technology subsidiaries and it continues to grow in size and telecom services. Earlier this week, iQSTEL Inc. (OTC: IQST) added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain. The parent company already 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. 5G is not just coming, it’s here with quicker speed and far reaching impact.

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.

itsBchain is “Uniquely Positioned” To Develop Telecom Applications

Mr. Iglesias, CEO of iQSTEL, said of the parent company’s newest acquisition, “itsBchain is uniquely positioned 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). itsBchain is a blockchain solutions provider which plans to develop telecom blockchain solutions for carrier, corporate and retail markets. 5G is not just coming, it’s here with quicker speed and far reaching impact.

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. Not only does he plan for it to continue to grow, but also to up list its common stock to a higher exchange, he said.

Source: Stock Market Press

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