5G U.S. Government Is Looking To Build A Network, And That’s Important For Companies Such As iQSTEL Inc. (OTC: IQST)
5G or fifth generation broadband is a time-driven security issue for the U.S. America must install and maintain a 5G network, but wants it free from Chinese influence. U.S. Attorney General William Barr is even talking about the U. S. government and its allies buying stakes in telecoms for 5G in the future.
5G network building in the U.S. has sparked a debate over 5G safety and security free of China influence. As 5G grows in internet (IoT), data intelligence, TV and driverless vehicles, media such as Stock Market Press is reporting on the fast growing 5G telecommunications market and keeping readers up-to-date on such 5G company stocks 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), Ericsson (NASDAQ: ERIC) in 5G networks. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
5G U.S. government is looking to build a network, and that’s important for companies such as iQSTEL Inc. (OTC: IQST)
One alternative to buying stakes in telecom companies is the installation of a 5G virtual network free of security compromises. Such a virtual network could be installed through cloud computing and is free of a proprietary hardware base. It is an open-architecture system available to the U.S. and its allies. A bill introduced in the Senate by six bi-partisan Senators would spend initially about $1.25 billion for the project. It is a lot less money than China’s Huawei and ZTE seek to build a 5G network. They are currently courting the U.K., Germany, Canada and Australia. A virtual network for the West would be an alternative.
5G Network Building May Be A Boon To iQSTEL Inc. (OTC: IQST)
iQSTEL Inc.’s (OTC: IQST) wholly-owned subsidiary Etelix provides Submarine Fiber Optic Network capacity for internet (4G and 5G). Based in Miami, iQSTEL Inc.’s (OTC: IQST) wholly-owned subsidiary Etelix provides Submarine Fiber Optic Network capacity for internet (4G and 5G). It was founded in 2008 and been profitable since inception, the company said. Last year, it reported an 18.5% jump in revenues. In the future of 5G U.S. government is looking to build a network, and that’s important for companies such as iQSTEL Inc. (OTC: IQST).
5G U.S. government is looking to build a network, and that’s important for companies such as iQSTEL Inc. (OTC: IQST)
iQSTEL Inc.’s (OTC: IQST) 51%-owned subsidiary SwissLink Carrier AG’s ’s $5.6M in revenues for 2019 added to Etelix’s revenues puts the parent company’s cumulative 2019 revenue near $22M. The company expects organic growth in these two subsidiaries to be in the 20-30% YOY range as the telecommunications firm transitions into a full-service cloud-based 21st century communications provider in the near and mid-term.
Forward Thinking For iQSTEL Inc. (OTC: IQST)
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 U.S. government is looking to build a network, and that’s important for companies such as iQSTEL Inc. (OTC: IQST).
Source: Stock Market Press
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