5G strategy for broadband next generation network in the U.S. may heighten iQSTEL Inc.’s (OTC: IQST) Etelix American subsidiary
The trade war between the White House and Chinese firm Huawei Technologies Co., seeking to build fifth generation telecommunications in the U.S., is escalating. Huawei now has filed suit against U.S. carrier Verizon Communications (NYSE: VZ) over payment of fees for patent use. The Trump administration wants America’s 5G broadband network to be installed and maintained principally by American-based firms, not Huawei, and that’s good news for iQSTEL Inc.’s (OTC: IQST) Etelix American subsidiary
The lawsuit by Huawei against Verizon is really about 5G and telecommunications of fifth generation broadband globally, and specifically the U.S. 5G is in the news daily so media such as Stock Market Press is reporting on the fast growing 5G telecommunications market by keeping readers up-to-date on such company stocks as iQSTEL Inc. (OTC: IQST),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 strategy for broadband next generation network in the U.S. may heighten iQSTEL Inc.’s (OTC: IQST) Etelix American subsidiary
The patents at the center of the suit involve optical transmission and digital communication, news reports said, and will probably further inflame tensions between Washington and China over 5G. The U.S. is concerned that giving global 5G powerhouse a significant role in the installation and maintenance of 5G in the U.S. (and its allies such as the U.K.) would compromise security information.
Huawei is the global powerhouse of 5G. It reportedly owns some 28% of the worldwide market share among the top five telecom equipment sellers in 2019. By seeking American-home suppliers to install 5G, that represents positive news for iQSTEL Inc.’s (OTC: IQST) Etelix American subsidiary.
iQSTEL Inc.’s (OTC: IQST) subsidiary Etelix provides Submarine Fiber Optic Network capacity for internet (4G and 5G).
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. iQSTEL Inc. (OTC: IQST) also owns 51% of European subsidiary, SwissLink Carrier AG. 5G strategy for broadband next generation network in the U.S. may heighten iQSTEL Inc.’s (OTC: IQST) Etelix American subsidiary
If 5G in the U.S. is performed primarily by American-based firms that could represent great news for iQSTEL Inc.’s (OTC: IQST) Etelix American subsidiary. The parent company wholly owns Etelix, which is based in Miami. It is an international telecom carrier that provides telecomm and technology solutions worldwide.
5G strategy for broadband next generation network in the U.S. may heighten iQSTEL Inc.’s (OTC: IQST) Etelix American subsidiary. The Miami-based American subsidiary in this scenario can be in the mix in a very large 5G opportunity to build a fifth generation telecommunications network in the U.S. It would join larger telecommunications firms in the project, if it comes to fruition.
Source: Stock Market Press
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