Aerial Fiber Optic Networks Present Significantly Lower Upgrade And Expansion Costs For 5G Transition For iQSTEL
iQSTEL (OTC: IQST) says the ‘aerial’ feature fiber optic networks presents key cost-savings advantages versus its own submarine cables. The company is competing to obtain controlling interest in a Central American telecommunications firm with a 2,300 mile network of aerial fiber optic wire supported by 4,500 high voltage electrical towers. The network connects Guatemala to Panama in Central America offering the aerial low cost advantage. iQSTEL (OTC: IQST) t has recently reached the qualification stage in the competition to acquire controlling interest in this non-disclosed company.
Media companies such as Stock Market Press are reporting on the fast growing fiber optic and 5G telecommunications market. It keeps readers up to date on company stocks in this market 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). Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
Aerial Fiber Optic Networks Present Significantly Lower Upgrade And Expansion Costs For 5G Transition For iQSTEL (OTC: IQST)
Aerial versus submarine cable is a significant issue in upgrading and transitioning the network to 5G, iQSTEL (OTC: IQST) asserts. iQSTEL Inc. (OTC: IQST), with $25 million in recently obtained acquisition funding from a New York-based investment bank, has been invited to submit a Request For Information (RFI) to buy a controlling interest in the Central American ‘aerial’ fiber optic network company. The name of the acquisition target is being kept confidential at this stage. iQSTEL (OTC: IQST) sees ‘aerial’ feature as a key aspect of Central American Fiber Optic Network Acquisition Target.
iQSTEL (OTC: IQST) Would Upgrade and Expand The Aerial Network To 5G Within Six-Nine Months
Based on the multiphase plans submitted, it is estimated that this fiber optic company is potentially valued at over $100+ million, iQSTEL (OTC: IQST) said. Plans call for completion of an intern-connect between Central America, Mexico and U.S. within one year. It also calls for expansion and upgrading of the current 4G network to 5G within six-nine months. Aerial fiber optic networks present significantly lower upgrade and expansion costs for 5G transition for QSTEL (OTC: IQST)
Mr. Iglesias, CEO of iQSTEL (OTC: IQST), said of the possible transaction, “One of the key aspects of this acquisition in the network is aerial, significantly reducing upgrade and expansion costs compared to our submarine cables. Additionally, with the network run across the electrical towers, it will enjoy a near-monopolistic advantage over any competitors due to the regulatory and significant costs associated with duplicating it. This is a rare find and we are very excited to be a part of developing this under-served region’s network.” Mr. Iglesias 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. Aerial fiber optic networks present significantly lower upgrade and expansion costs for 5G transition for QSTEL (OTC: IQST)
Fiber Optic Cable Market Is Projected To Be A $11.67 Billion Market Globally By 2025
The fiber optic cable market opportunity is lucrative, projected to reach $11.67 billion globally by 2025, with a CAGR growth rate of 11.18% from 2013-2025. The fiber optic cable market — reflecting the driving impact of 5G — is profiled in the “Fiber Optic Cable Market 2020 Global Industry” report. Fiber optic cables deliver high speed data transmission via light waves, enabling them to transmit either through glass or plastic threads (fibers) at the speed of light. Experts say it is 100 times quicker than 4G. Aerial fiber optic networks present significantly lower upgrade and expansion costs for 5G transition for QSTEL (OTC: IQST)
iQSTEL (OTC: IQST) Is A Leading Edge 21st Century Telecommunications Service
iQSTEL (OTC: IQST) is a leading edge 21st century enhanced telecommunications service provider offering cloud-based series to Tier-1 and Tier-2 carriers. Through its subsidiaries,
iQSTEL (OTC: IQST) is a one-stop shop provider of Internet of Things (IoT), international and domestic VoIP services, SMS exchange for A2P and P2P, 4G and 5G international infrastructure connectivity and mobility platforms for VoIP, SMS and Data for international and domestic T-1 carrier.
The parent company has numerous subsidiaries. iQSTEL Inc.’s (OTC: IQST) wholly-owned Miami-based subsidiary, Etelix.com USA, LLC, is an American 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix is a significant factor in the transmissions between the U.S. mainland and Central and South America. iQSTEL (OTC: IQST) also owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. iQSTEL Inc. (OTC: IQST) added another high tech subsidiary recently when it completed its acquisition of a 75% stake of itsBchain LLC, a blockchain technology developer and solution provider. It also owns 51% of Global SMS LLC, a U.S. based company, which has a commercial presence in Europe, U.S., and Latin America with an international interconnection with Tier-1 SMS aggregators.
Source: Stock Market Press
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