5G SmartPhones Are Here Before 5G Networks, Appliances Are 5G-Capable
The 5G phones are here before the complete 5G networks. Consumers are excited about 5G and its speed, they appear willing to spend the necessary dollars, but the 5G networks they expect really aren’t here yet. So the phones are described as 5G-capable, for now.
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). Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
5G SmartPhones are here before 5G networks, appliances are 5G-capable
Imagine the disappointment of consumers and businesses wen they pay on a recent promotion by Walmart from $1,000-$1,400 for a Samsung (OTC: SSNLF) Galaxy S20+ 5G ready phone. Now, go find a complete 5G network in which to use it. Several U.S. cities have 5G in a select zone — perhaps only a few blocks in cities like Dallas — so the consumer or business has a 5G capable phone and no complete 5G network. Not yet, anyway.
Consumers can get a discount with an eligible trade in. Imagine, a consumer at Walmart spending $1,400 on a 5G capable SmartPhone from Samsung when there is now 5G network available. Conjecture about an Apple 5G iPhone debuting this fall is rampant on social media. But, again, it will be ahead of 5G network building. 5G SmartPhones are here before 5G networks, appliances are 5G-capable.
iQSTEL Inc. (OTC: IQST) Will Play An Important Role In 5G Globally
iQSTEL (OTC: IQST) is a leading edge 21st century enhanced telecommunications service provider offering cloud-based series to Tier-1 and Tier-2 carriers. Through its subsidiaries,
iQSTEL (OTC: IQST) is a one-stop shop provider of Internet of Things (IoT), international and domestic VoIP services, SMS exchange for A2P and P2P, 4G and 5G international infrastructure connectivity and mobility platforms for VoIP, SMS and Data for international and domestic T-1 carrier.
The parent company has numerous subsidiaries and sees the big future in 5G. iQSTEL Inc.’s (OTC: IQST) wholly-owned Miami-based subsidiary, etelix.com USA, LLC, is an American 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix is a significant factor in the transmissions between the U.S. mainland and Central and South America. iQSTEL (OTC: IQST) also owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more.
iQSTEL Inc. (OTC: IQST) Adding More 5G Capable Subsidiaries
Last week, iQSTEL Inc. (OTC: IQST) added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain LLC, a blockchain technology developer and solution provider. It also owns 51% of Global SMS LLC, a U.S. based company, which has a commercial presence in Europe, U.S., and Latin America with an international interconnection with Tier-1 SMS aggregators.
Mr. Iglesias, CEO of iQSTEL, said, “itsBchain is uniquely position 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 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.
Among those plans are the potential acquisitions of more 5G capable subsidiaries. Armed with $25 million in acquisition funding from a New York-based investment bank, iQSTEL Inc. (OTC: IQST) today (March 10, 2020) announced it has reached the qualification stage and invited to submit a Request For Information (RFI) to buy a controlling interest in a 2,300 mile Central American fiber optic network company with a potential value of $100+ million. The name of the acquisition target is being kept confidential at this stage.
The 5G Connection In The Acquisition Target Company
Based on the multiphase plans submitted, it is estimated that controlling interest in this fiber optic company is potentially valued at over $100 million, iQSTEL (OTC: IQST) said. Plans call for completion of an intern-connect between Central America, Mexico and U.S. within one year. It also calls for expansion and upgrading of the current 4G network to 5G within six-nine months.
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.
5G anticipation is high and QSTEL Inc. (OTC: IQSTEL) will play a vital role in the building of infrastructure of 5G networks and 21st century communications globally. But, for right now, some of the SmartPhones are head of the 5G network installations. 5G SmartPhones are here before 5G networks, appliances are 5G-capable.
Source: Stock Market Press
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