5G Telecommunications Landscape Jolted With $26 Billion Merger Completion Of T-Mobile And Sprint
Yesterday’s (April 1, 2020) closing of the $26 billion merger of T-Mobile US (NASDAQ: TMUS) and Sprint is a jolt to the wireless communications and 5G industry, creating a giant firm with T-Mobile the surviving name trading under the ticker (NASDAQ: TMUS). Sprint will no longer trade on the NYSE exchange. Mike Sievert, formerly COO of T-Mobile, will become CEO of the new entity. The merger was long anticipated and seen as a sure thing after a federal judge recently approved it. In the coronavirus pandemic, most Wall Street deals have not closed — notably, the proposed Xerox (NYSE: HRX) hostile takeover of HP Inc. (NYSE: HPQ).
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) 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 Telecommunications Landscape Jolted With $26 Billion Merger Completion Of T-Mobile (NASDAQ: TMUS) And Sprint
The combined entity has been given an initial valuation of $146 billion. It has promised 5G network coverage of 85% of rural Americans and 97% of the entire U.S. within three years after consummation of the deal. It has committed to 99% coverage of the nation within six years after closing. Despite lawsuits filed in 13 states challenging the deal, the merger successfully close. 5G telecommunications landscape jolted with $26 billion merger completion of T-Mobile (NASDAQ: TMUS) and Sprint.
T-Mobile (NASDAQ: TMUS) and Sprint Merger Raises 5G Profile
The mega merger between T-Mobile US (NASDAQ: TMUS) and Sprint keeps 5G in the news. Consumers are buying 5G-capable SmartPhones and await new entries. Businesses see faster telecommunications coming and are anxious for 5G. In this mix is international telecommunications specialist iQSTEL, Inc. (OTC: IQST) seeking to build its network of 5G-related subsidiaries. The company 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, such as an unnamed central American firm, and has started due diligence.
5G: Here Comes iQSTEL, Inc. (OTC: IQST)
iQSTEL, Inc. (OTC: IQST) is aggressively growing its stable of subsidiaries and is eyeing a larger multi-national telecommunications 5G role for itself in Europe, Latin America, the U.S. and seeks to expand its size in Central America, Mexico and the U.S. Even before the coronavirus crisis began, 5G was seen as the future dominant technology in global telecommunications. 5G’s future is even brighter and highly anticipated with the merger of T-Mobile and Sprint changing the telecommunications landscape.
iQSTEL, Inc. (OTC: IQST) envisions the total global impact of 5G: quicker internet speeds (IoT), faster 5G SmartPhones, driverless vehicles, new blockchain sourced faster international banking payment services and other revolutionary telecommunication activities.
5G markets are in test format in various cities in the U.S. and globally, but 5G is not nearly a completed new telecommunications worldwide network yet. It will be a a quicker, healthier way to communicate from a distance and limit in-person contact. Coronavirus may slow the infrastructure building of 5G, impacting availability of equipment and devices — but 5G’s future will only grow quicker as the global lockdowns create more appetite for faster 5G service.
iQSTEL, Inc. (OTC: IQST) Builds Team Of 5G Subsidiaries And Seeks More
Even after assembling an important team of 5G-related high technology subsidiaries, iQSTEL, Inc. (OTC: IQST) is seeking more 5G-capable companies. It has received an invitation to submit a Request For Information (RFI) from a central American fiber-optic network firm which could lead to a controlling interest in that future 5G company. That company has an attractive 2,300 mile aerial fiber optic network utilizing 4,500 high voltage electrical towers. 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 thee years.
iQSTEL, Inc. (OTC: IQST) Is Primed To Grow In 5G Telecommunications
Now iQSTEL, Inc. (OTC: IQST) is seeking to acquire more 5G-related subsidiaries. The company 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, such as the unnamed central American firm, and has started due diligence.
iQSTEL, Inc. (OTC: IQST) Sees The Growth Potential Of 5G
iQSTEL Inc. (OTC: IQST) 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. Recently, it added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain LLC, a blockchain technology developer.
Today (April 2, 2020) it was announced the original shareholders of Etelix and SwissLink gave back to iQSTEL Inc. (OTC: IQST) a combined 20.8 Million shares, reducing the parent company’s outstanding share count to 24 Million, a reduction by almost 50%. The transaction was completed because the subsidiaries see it as “the best course of action is to further facilitate corporate growth with the return of these shares,” said Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST).
Source: Stock Market Press
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