5G Technology Will Have Global Impact In Multiple Industries, From SmartPhones To Internet (IoT) And Televisions
5G’s new technology will impact global telecommunications with quicker bandwidth, innovations like driverless vehicles, appliances that can communicate with one another and internet (IoT). Companies like iQSTEL Inc. (OTC: IQST) and its numerous subsidiaries — it closed this week on its purchase of a 75% stake of itsBchain, a blockchain solutions provider — will play a pivotal role in the building of 5G infrastructure, design and maintenance.
Blockchain is in the news daily. Media companies such as Stock Market Press are reporting on the fast growing blockchain and 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 Technology Will Have Global Impact In Multiple Industries, From SmartPhones To Internet (IoT) And Televisions
5G is the technological framework for the introduction this year of new SmartPhones from several manufacturers, including Samsung (OTC: SSNLF) and Apple (NASDAQ: AAPL), and plans are already underway for a faster internet with improved graphics and speed.
iQSTEL Inc.’s (OTC: IQST) subsidiary Etelix provides Submarine Fiber Optic Network capacity for internet (4G and 5G)
iQSTEL Inc. (OTC: IQST) and its subsidiaries will play a vital role in the building of 5G infrastructure and maintenance. iQSTEL Inc. (OTC: IQST) this week acquired a 75% stake of itsBchain, a blockchain solutions provider, with plans to develop telecom blockchain solutions for carrier, corporate and retail markets. In addition to itsBchain, QSTEL Inc. wholly owns subsidiary, Etelix, an American based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). It also holds 51% of SwissLink Carrier AG. SwissLink Carrier AG which provides international VoIP connectivity worldwide and more. 5G technology will have global impact in multiple industries, from SmartPhones to internet (IoT) and televisions.
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. It is growing its capabilities with its numerous subsidiaries, has reported record performance and is preparing for an up listing to a higher exchange for its common stock.
5G global wide raging impact will be positive for companies such as iQSTEL Inc. (OTC: IQST)
Part of iQSTEL Inc. (OTC: IQST)’s forward thinking strategy includes “soon-to-be-announced services and acquisitions in other horizontal strategic solutions in the 5G, blockchain-based carrier payment, as well as DID portability space. ”By seeking out rapid growth and high demand sectors, iQSTEL Inc. (OTC: IQST) is well positioned on the 5G wave for 2020 and years to come. It is an international telecom carrier that provides telecomm and technology solutions worldwide. 5G technology will have global impact in multiple industries, from SmartPhones to internet (IoT) and televisions.
All of this bodes well for iQSTEL Inc. (OTC: IQST). iQSTEL Inc. (OTC: IQST)’s announcement of 51%-owned subsidiary SwissLink Carrier AG’s ’s $5.6M in revenues for 2019 added to Etelix’s revenues and puts the parent company’s cumulative 2019 revenue near $22M, an 18.5% jump from the prior year. The company said in a press release, “We expect organic growth in these two subsidiaries to be in 20-30% YOY, but more importantly, will be the backbone of our transitioning into a full-service cloud-based 21st century communications provider in the near and mid-term.”
QSTEL Inc. (OTC: IQSTEL) for January 2020 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.
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.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.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
