5G Market Share Competition Intensifies, New Technology Drives Worldwide Race
The worldwide race for market share is on in 5G, particularly for Chinese firm Huawei and U.S. allies, such as Australia, U.K., Canada and Germany. In Australia, Huawei is now sponsoring and organizing a series of town halls to talk about cyber security, the company and its 5G advantages. The profile of 5G is being raised to social media influencers and business decision makers, and that may only benefit all 5G companies, such as iQSTEL Inc. (OTC: IQST).
Media companies such as Stock Market Press are reporting on the fast growing 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) in 5G. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
5G Market Share Competition Intensifies, New Technology Drives Worldwide Race
The high profile competition between privately held Huawei Technologies Co. and the U.S. and the Australian governments, which allege that the Chinese government may use Huawei 5G equipment to disrupt or learn national security matters, is an issue which is raising the 5G profile globally. Huawei is planning four town hall type meetings in Australia which will talk about 5G technology as well as the company itself.
iQSTEL, Inc. (OTC: IQST) Signs $25 Million Investment Banking Agreement To Assist In Sourcing Capital For 5G Investments
This contributes to the global anticipation of 5G and what it promises in the form of quicker internet speeds (IoT), faster 5G SmartPhones, driverless vehicles, new blockchain sourced international banking and other revolutionary telecommunication activities. M&A activity in 5G is peaking as fifth generation technology arrives in country after country. 5G market share competition intensifies, new technology drives worldwide race.
The largest proposed 5G related M&A activity to date is the proposed $26 billion merger of mega providers T-Mobile US (NASDAQ: TMUS) and Sprint (NYSE: S), which recently was approved by a U.S. judge. Last week, to continue its spree of acquiring 5G subsidiaries, iQSTEL, Inc. (OTC: IQST) signed a $25 million investment banking agreement designed to give it a financial war chest to acquire more 5G infrastructure and investments. iQSTEL, Inc. (OTC: IQST) signed the agreement with a New York-based investment banking firm to assist it in sourcing capital as it continues to grow in 5G telecommunications.
iQSTEL, Inc. (OTC: IQST) Continues Its Aggressive 5G Acquisition Program
iQSTEL, Inc. (OTC: IQST). offers a wide array of services to the telecommunications industry such as Internet of Things (IoT) technology solutions and Submarine Fiber Optic Network capacity for 5G. Leandro Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), said that the company has identified several acquisition targets and has started due diligence.
The agreement will enable iQSTEL, Inc. (OTC: IQST) to continue its aggressive expansion program by acquisition and investment in 5G infrastructure and solution firms. It is already a leader in offering to the telecommunications industry Submarine Fiber Optic Network capacity, Satellite Communications services, Internet of Things (IoT) technology, Blockchain solutions, Mobile Virtual Network Operator (MVNO) services, and more.
iQSTEL, Inc. (OTC: IQST) Positioned To Grow In 5G Telecommunications
iQSTEL Inc. (OTC: IQST) will play an important role in the 5G telecommunications industry.
The company already has numerous subsidiaries in the industry. The $25 million agreement will source funds for the company to acquire additional 5G companies. The investment banker has been named as a placement agent and financial advisor. Leandro Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), said. 5G market share competition intensifies, new technology drives worldwide race.
Allied Marketing Research estimates that the 5G market will be greater than $5.5 billion in 2020 with a CAGR growth rate of 122% from 2021-2026. iQSTEL Inc. (OTC: IQST) is well positioned throughout Latin America and Europe to take full advantage of this fast-growing industry.
Leandro Iglesias said, “We have launched an aggressive acquisition program, beginning due diligence on several acquisition targets.” 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.
iQSTEL Inc. (OTC: IQST) last week added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain. It already has wholly-owned, Miami-based subsidiary, Etelix.com USA, LLC, an American-based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). It owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. It also owns 51% of QGlobal SMS LLC, a U.S.-based company which has international interconnection with Tier 1 SMS aggregators to more than 100 countries worldwide.
Through its growing number of subsidiaries, iQSTEL Inc. (OTC: IQST) will impact how 5G will play a growing role in the installation and maintenance of the 5G telecommunications landscape. Specialty high technology firms will play an important segment in the future of telecommunications.
5G is driving a next generation global technology movement impacting artificial intelligence (AI), blockchain, internet of things (IoT), SmartPhones speed, big data analytics, smart contracts, cybersecurity, privacy and augmented reality (AR).
Source: Stock Market Press
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