Computer Chips Key To Winning 5G Network Race, Nokia Plays Catchup; Smaller And Innova-tive Firms, Such As iQSTEL, Inc., Will Play 5G role
Building 5G networks worldwide depends largely on computer chips bought from other suppliers or developed internally. Nokia (NYSE: NOK) learned the hard way that investing in the right chip is critical to competing in 5G. Now betting on the more popular and less expensive ‘System onChip’ (SoC). 5G, with speeds 100X faster than 4G, with a focused wireless signal, is the telecommunications wave of the future — and offers smaller, innovative, companies such as iQSTEL, Inc. (OTC: IQST) multiple entry points.
Media companies such as Stock Market Press are reporting on the fast growing 5G telecommunications market. It keeps readers up to date on company stocks such as iQSTEL Inc. (OTC: IQST), amazon.com (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL), Telefónica SA (NYSE: TEF), Samsung Electronics Co. Ltd. (OTC: SSNLF), (Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS),Ericsson (NASDAQ: ERIC), DISH Network Corporation (NASDAQ: DISH), Nokia Corporation (NYSE: NOK), Liberty Global (NASDAQ: LBTYA) and Vodafone Group PLC (NASDAQ: VOD).
Computer Chips Key To Winning 5G Network Race, Nokia (NYSE: NOK) Plays Catchup; Smaller And Innovative Firms, Such As iQSTEL, Inc. (OTC: IQST), Will Play 5G role
The international race for building 5G networks in Europe, United States, Australia and other regions may be between large companies including Ericsson (NASDAQ: ERIC), Huawei (private) and Nokia (NYSE: NOK), but smaller firms such as iQSTEL Inc. (OTC: IQST) will have a large role to play in 5G by innovating with new blockchain-driven and Internet Of Things (IoT) services for 5G devices and maintaining 5G equipment. Computer Chips Key To Winning 5G Network Race, Nokia (NYSE: NOK) Plays Catchup; Smaller And Innovative Firms, Such As iQSTEL, Inc. (OTC: IQST), Will Play 5G role.
The Impact Of iQSTEL Inc.’s (OTC: IQST) itsBchain LLC Subsidiary
Leandro Iglesias, CEO of iQSTEL Inc. (OTC: IQST), said that the Company’s 75%-owned subsidiary blockchain solutions provider itsBchain LLC also provides an telecom industry disrupting, secure and fast international payments/settlements solutions that quickly makes in real time transactions online that reduce cost and simplify commercial transactions. Both its MNPA porting app and payments/settlements blockchain platform are projected as industry-leading, long term revenue stream providers, Iglesias said. Computer Chips Key To Winning 5G Network Race, Nokia (NYSE: NOK) Plays Catchup; Smaller And Innovative Firms, Such As iQSTEL, Inc. (OTC: IQST), Will Play 5G role.
U.S. Administration Seeks To Control Suppliers That Build America’s 5G Telecommunications Network
The U.S. government is seeking a variety of methods to control global suppliers and providers as it builds a 5G telecommunications network, a priority for America. The strategies rang from prodding some companies to acquire European firms such as Ericsson (NASDAQ: ERIC), introducing ‘open network’ technology enabling U.S. startups to develop 5G equipment, speeding up auctions of airwave licenses and enacting regulatory changes.
The White House And 5G Suppliers
The White House is encouraging a greater number of 5G suppliers and providers friendly to the U.S. to become involved in the manufacturing of the 5G network. The Administration is looking at a number of options to make it easier for 5G equipment startups to become involved. It is also looking into American public or private sector ownership of European suppliers. Nokia (NYSE: NOK), Samsung (OTC: SSNLF) and Ericsson (NASDAQ: ERIC) are seen as prime players in the future U.S. wireless business.
Blockchain Innovation Is A Key Part iQSTEL Inc.’s (OTC: iQST) 70% Explosive Growth YTD in 2020 Through May Vs. 2019
As 5G networks become a priority, iQSTEL Inc. (OTC: iQST), has developed key blockchain-driven services and products for the telecom industry as it reports dynamic sales gains of 70%+ for the year-to-date through May 2020 vs. the same period in 2019. Organic and acquisition growth helped drive the jump in sales, but blockchain innovation is playing a major role in the company’s future ability to bring 21st Century enhanced communications into the telecommunications industry — next generation blockchain and artificial intelligence (AI) plus Internet of Things (IoT) services. Computer Chips Key To Winning 5G Network Race, Nokia (NYSE: NOK) Plays Catchup; Smaller And Innovative Firms, Such As iQSTEL, Inc. (OTC: IQST), Will Play 5G role.
iQSTEL Inc. (OTC: iQST) Reported 93% and 190% Sales Gains In April And May 2020 vs. 2019
iQSTEL Inc. (OTC: iQST) reported sharp gains in April and May 2020. Respectively, the Company reported 93% and 190% sales gains in these two months Vs. the same months in 2019. In fact, the Company is on a track to reach $40+ million in volume this year. YTD through May 2020 sales jumped to $11.9 million vs. $6.9 million for the comparable period in 2019.
iQSTEL Inc. (OTC: iQST) Innovates With Multiple New Services
iQSTEL’s (OTC: IQST) itsBchain LLC subsidiary’s Mobile Number Portability App (MNPA) is well positioned for the push this year by Apple Inc. (NASDAQ: AAPL) and Verizon (NYSE: VZ) into 5G iPhones and 5G Networks. That plus the recent entry by DISH Network Corporation (NASDAQ: DISH) as a new 5G provider makes the blockchain and artificial intelligence driven MNPA app enabling consumers to quickly and securely make a porting change to a new provider while keeping the same number essential.
iQSTEL Inc’s. (OTC: iQST) new blockchain, AI and IoT product services to date makes it an increasingly important player in the telecommunications industry. As the 5G provider landscape changes internationally, consumers users may seek to change mobile carriers but keep their own numbers, iQSTEL Inc’s. (OTC: iQST) 75%-owned subsidiary itsBchain LLC offers a quick solution in its platform that enables a fast mobile number portability app (MNPA) for consumers.
iQSTEL, Inc. (OTC: IQST) Expands Network Of Subsidiaries
The parent company owns a 75% stake in blockchain subsidiary itsBchain LLC. iQSTEL Inc. (OTC: IQST) wholly owns 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 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. It has acquired 51% of an Austin, Texas-based SMS U.S.-Mexico Service provider. Most recently, it has acquired IoT Labs Mexico and its star product, the IoT Smart Gas Platform.
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com
Safe Harbor Statement: Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
See Stock Market Press disclaimer: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press