5G Rollout In Europe Sees Spectrum Auctions, Limits On Telecom Companies, International Politics
International politics between the U.S. and China, spectrum auctions, imposed 5G limits on broadband infrastructure equipment and other issues are complicating the rollout of 5G in Europe and other countries, Consumers and businesses influencers await 5G speed and innovations — in everything from SmartPhones to Internet of Things (IoT). It will be a lucrative global market in the near future. Companies like iQSTEL Inc. (OTC: IQST) see the 5G fifth generation telecommunications opportunity and are growing organically and by acquisition.
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. They also cover trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO), ON Semiconductor (NASDAQ: ON) and Skyworks Solutions (NASDAQ: SWKS), among others.
5G Rollout In Europe Sees Spectrum Auctions, Limits On Telecom Companies, International Politics
5G is in the news every day as the rollout continues globally of fifth generation telecommunications that will revolutionize the new technology. Around the globe, 5G test markets in major cities are occurring. But 5G is facing its own challenges: high level international politics between the U.S. and its allies and Chinese telecommunications companies, such as Huawei. 5G rollout in Europe sees spectrum auctions, limits on telecom companies, international politics.
U.S. allies are caught — as are American semiconductor chip makers — in the 5G struggle between the U.S. and China. In the U.K., BT Group PLC is expecting a $650 million hit over the next five years from that government’s restriction on the role of Huawei Technologies Co. in Britain’s 5G infrastructure building. Huawei has a 44% share of full fiber components, Bloomberg reports. In France, the 5G spectrum auction has been delayed at least three months. In Spain, the country has decided to proceed against U.S. policy and use in cooperation with China’s Huawei. And so 5G issues go in European country after country. 5G rollout in Europe sees spectrum auctions, limits on telecom companies, international politics.
iQSTEL, Inc. (OTC: IQST) Continues Its Aggressive 5G Acquisition Program
As 5G makes global news in a tense but excited anticipation environment, iQSTEL, Inc. (OTC: IQST) is expanding its 5G foothold in its role building fifth generation technology in a multi-national setting. 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. It is already a leader in also offering to the telecommunications industry Satellite Communications services, Internet of Things (IoT) technology, Blockchain solutions, Mobile Virtual Network Operator (MVNO) services, and more.
With 5G telecommunications in the international news daily, the outlook for 5G innovations and quicker speed for SmartPhones and Internet of Things (IoT) is making the industry even more high profile and lucrative for telecommunications companies such as iQSTEL, Inc. (OTC: IQST). 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) Signs A $25 Million 5G Funding Acquisition Agreement
Leandro Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), said that the company has identified several acquisition targets and has started due diligence. 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.
The $25 million agreement enables iQSTEL, Inc. (OTC: IQST) to continue its aggressive expansion program by acquisition and investment in 5G infrastructure and solution firms. iQSTEL, Inc. (OTC: IQST) yesterday (March 10, 2020) used that $25 million commitment in its competitive bid to secure controlling interest in a central American aerial fiber optics company. Yesterday, it announced it has received an invitation to submit a Request For Information (RFI) from the central American fiber-optic network firm which could lead to a controlling interest in that future 5G company.
Target Central American Company Has A Future Value of $100+ Million As It Transitions From 4G to 5G
The company has an attractive aerial fiber optic network utilizing 4,500 high voltage electrical towers to wire 2,300 miles. It is estimated that this company could be potentially valued at $100+ million as it transitions from 4G to 5G within the next six-nine months. It would interconnect Central America, Mexico and the U.S. within a thee year period, the company said.
iQSTEL Inc. (OTC: IQST) has several telecommunications subsidiaries. It wholly-owns 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. Last week it added another subsidiary when it completed its acquisition of a 75% stake of itsBchain LLC, a blockchain technology developer. Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST), 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.
Source: Stock Market Press
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