5G Is On The Verge Of Breaking Out Globally In 2020 In Network Tests
5G low band networks are breaking out globally in small sections of cities as fifth generation telecommunications shows its speed and capabilities in small doses to consumers and businesses. According to site lifewire.com, 5G low band service is being tried in cities from Racine, Wisconsin to Spokane, Washington. They are also popping up globally, too. From New York City streetlights to London internet (IoT), the 5G race is on.
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 On The Verge Of Breaking Out Globally In 2020 In Network Tests
The site lists domestic cities where 5G low band networks are being tried by providers T-Mobile (NASDAQ: TMUS), Vodafone Australia, AT&T (NYSE: T), Proximus in Belgium, Vodacom Group in South Africa, Verizon (NYSE: VZ) and others. Critics point to limited blocks of 5G and low band widths, but 5G installation is beginning worldwide — from Croatia to Kenya.
The new 5G networks tests may be limited in geography and bandwidth, but the fifth generation telecommunications race is on all over the world. Various telecom companies are in the initial stages of implementing net telecommunications networks for both consumer use and businesses eager for the new speeds. 5G is on the verge of breaking out globally in 2020 in network tests.
Foreign countries where 5G is in various stages of being tested include United Kingdom, Australia, South Africa, Poland, Canada, Belgium, Germany and others. In the U.S., multiple providers are testing 5G installations in New York City, Dallas, Hartford, Salem, St. Louis, Dayton, Boston, Bakersfield, and more. 5G is on the verge of breaking out globally in 2020 in network tests.
iQSTEL Inc. (OTC: IQST) Will Play An Important Role In 5G
Companies like iQSTEL Inc. (OTC: IQST will play a growing role in the installation and maintenance of the 5G telecommunications landscape. Specialty high technology firms will play an important role in the future of telecommunications, iQSTEL Inc. (OTC: IQST), through its growing number of subsidiaries, will impact how 5G offers new and quicker features. iQSTEL Inc. (OTC: IQST) already has several high technology subsidiaries and it continues to grow in size and telecom services.
Last week, iQSTEL Inc. (OTC: IQST) added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain. The parent company has wholly-owned, Miami-based subsidiary, Etelix, an American 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.
iQSTEL Inc.’s (OTC: IQST) Dynamic Role In 5G Installations
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 included. 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.
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.”
Mr. Iglesias said management of the newly acquired company would further enhance the synergy between the portfolio companies of iQSTEL Inc. (OTC: IQST). 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.
Lucrative Opportunity Building 5G Networks
5G is quick, supplies sharper graphics, impacts internet (IoT), financial global transactions and enables future driverless vehicles. 5G is being launched in test cities in the U.S. and globally as telecommunications companies large and small are looking at a lucrative opportunity in building 5G networks for the future.
A sign of the 5G times is the proposed deal between Walmart (NYSE: WMT) and Verizon (NYSE: VZ) which is only in the talking stages right now. But the concept of digital health services over 5G streaming networks in a remote clinic scenario is significant. It protects security and helps Walmart (NYSE: WMT) — and its 4,700 U,.S. stores — enter a new wireless technology area of 5G with faster internet. 5G would play other roles in the stores, such as security and inventory restocking, sources said.
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.
Stock Market Press
110 Wall St.
New York, NY 10005 email@example.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