Coronavirus Global Lockdown May Fuel Importance Of 5G Remote Quick Telecommunications
The virtual global lockdown caused by the coronavirus may be a blessing in disguise for 5G and its high speed remote telecommunications offerings. Faster Internet of Things (IoT), SmartPhones and other remote telecommunications — with more people working from home — may benefit when this worldwide lockdown is long over. Most current figures are 145,369 infected worldwide and reports of 5,429 deaths.
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) in 5G. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
Coronavirus Global Lockdown May Fuel Importance Of 5G Remote Quick Telecommunications
The U.K. and Ireland were added last yesterday to the European travel ban to the U..S. last night (March 15, 2020) and there is talk of more lockdowns of cities worldwide — including New York. This would impact everything from theatre to restaurants. The travel industry — hotels and cruises) are almost entirely out of action. Major sports is a non-starter and many companies are asking their employees to work at home. Coronavirus global lockdown may fuel importance of 5G remote quick telecommunications.
Out of this unprecedented crisis, 5G’s speed and application to digital and audio communications will play a role. Factories, schools, sporting events, concerts and business conventions have been postponed or canceled due to the coronavirus. Friday (March 13, 2020) the stock market continued to act with volatile uncertainly — gaining back the some 2,000 points it lost the day prior. The importance of 5G in this crisis is rising as corporations and individuals are self-quarantining to avoid in-person services. 5G is a clear answer to the current dilemma — now to build that fifth generation protocol for all in every country. Coronavirus global lockdown may fuel importance of 5G remote quick telecommunications.
From Irish Pubs To American Theatre, We’re On Lockdown Globally: 5G May Be An Answer
Even before the coronavirus crisis began, 5G was seen as the future dominant technology in global telecommunications. Allied Marketing Research has estimated that the 5G market will be greater than $5.5 billion in 2020 with a CAGR growth rate of 122% from 2021-2026. Now, it might be quicker than that. 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. Coronavirus global lockdown may fuel importance of 5G remote quick telecommunications.
In this coronavirus fear environment, 5G telecommunications — reaching people by SmartPhone, internet and other remote means — have an important future. 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. That will come in the future. 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.
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. With a recent $25 million acquisition fund commitment from a New York-based investment banking firm, 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
The largest proposed 5G related M&A activity to date is the proposed $26 billion merger of mega providers T-Mobile US (NASDAQ: TMUS) and Sprint (NYSE: S), which was approved by a U.S. judge. Now iQSTEL, Inc. (OTC: IQST) is 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 the unnamed central American firm, and has started due diligence.
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.
Source: Stock Market Press
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