Coronavirus May Slow The Infrastructure Building Of 5G, Impacting Availability Of Equipment And Devices
5G is new and the coronavirus scare globally is taking a toll on its own speed in installing infrastructure worldwide. The coronavirus is impacting supply lines, slowing the availability of 5G equipment and devices necessary to build the fifth generation telecommunications protocol. Coronavirus may slow the infrastructure building of 5G, impacting availability of equipment and devices.
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 May Slow The Infrastructure Building Of 5G, Impacting Availability Of Equipment And Devices
Last night (March 11, 2020) the U.S. took unprecedented steps to ban travel for most of Europe (EU Countries) and other nations, such as China and Iran, into America, Factories, schools, sporting events, concerts and business conventions have been postponed or canceled due to the coronavirus. Yesterday, the stock market fell 1,465 points on coronavirus fears. 5G is affected, too — its network building has been slowed by coronavirus closings and supply chain shortages. Adding to the slowdown are international politics between the U.S. and its allies and 5G supplier China’s Huawei.
Coronavirus Has Infected 125,000 Globally
The coronavirus has infected 125,000 people worldwide and some 4,600+ have reportedly died globally and in-person events have been cancelled. In this 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
Allied Marketing Research estimates that the 5G market will be greater than $5.5 billion in 2020 with a CAGR growth rate of 122% from 2021-2026. iQSTEL, Inc. (OTC: IQST) envisions the global impact of 5G: quicker internet speeds (IoT), faster 5G SmartPhones, driverless vehicles, new blockchain sourced international banking and other revolutionary telecommunication activities. M&A activity in 5G is peaking as fifth generation technology arrives in country after country. The coronavirus health scare may only be temporary, but consumer and business influencers now clearly see the benefits of remote and healthy 5G communications from a mobile, domestic and international scale.
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) Positioned To Grow In 5G Telecommunications
iQSTEL Inc. (OTC: IQST) will play an important role in the 5G telecommunications industry with numerous subsidiaries in the industry. iQSTEL Inc. (OTC: IQST) is well positioned throughout Latin America and Europe to take full advantage of this fast-growing industry. Leandro Iglesias, CEO, said, “We have launched an aggressive acquisition program, beginning due diligence on several acquisition targets.” 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.
iQSTEL, Inc. (OTC: IQST) Sees The Growth Potential Of 5G.
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 recently 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) Growing Telecommunications Subsidiaries
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. Last week it added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain LLC, a blockchain technology developer.
Through its growing number of subsidiaries, iQSTEL Inc. (OTC: IQST) will impact how 5G will play a growing role in the installation and maintenance of the 5G telecommunications landscape. Specialty high technology firms will play an important segment in the future of telecommunications. 5G is driving a next generation global technology movement impacting artificial intelligence (AI), blockchain, internet of things (IoT), SmartPhones speed, big data analytics, smart contracts, cybersecurity, privacy and augmented reality (AR).
Source: Stock Market Press
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