Experts Differ On Whether Coronavirus Will Speed Up Or Slow Down 5G, But iQSTEL Is Ready For Growth
Telecommunications experts differ on whether the coronavirus globally will speed up or slow down 5G, but quick growing iQSTEL Inc. (OTC: IQST) is showing organic and acquisition growth as it anticipates more 5G industry opportunity. It added 25-year industry veteran, Italo Segnini, today (March 23, 2020) to its Advisory Board and recently reported a 46% jump in consolidated sales for February 2020 and a 39% year-to-date revenue rise compared to one year ago. The company sales in February reached $1,688,206 consolidated including all subsidiaries. It attained a 39% rise when it attained $3,546,058 for year-to-date 2020 compared to $2.5 million the same period in 2019.
Media companies such as Stock Market Press are reporting on the fast growing 5G and blockchain 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.
Experts Differ On Whether Coronavirus Will Speed Up Or Slow Down 5G, But iQSTEL (OTC: IQST) Is Ready For Growth
Industry experts make the case that coronavirus may be speeding up because of the need for faster communications due to work-at-home remote locations. Others say the virus will hobble supply lines and 5G infrastructure installation. Either way, Allied Market Research projects that 5G will reach a value of $667.9 billion by 2026. iQSTEL’s (OTC: IQST) reported 46% jump In February sales and 39% rise In YTD 2020 volume is only a glimpse of the company’s 5G future aggressive growth plans. iQSTEL (OTC: IQST) is a 21st century enhanced telecommunications service provider offering a wide range of cloud-based services. It offers 5G and blockchain solutions to carriers in the enterprise, international, domestic and retail markets. Its other features include VoIP series, SMS exchange for A2P and P2P and Internet of Things (IoT) applications.
Mr. Iglesias, CEO of iQSTEL (OTC: IQST), said, “Our core organic business has seen a 39% YOY revenue growth based on a combination of new client acquisitions and cross-selling our new European interconnections to our existing carrier network. We are thrilled to see our business plan unfolding with such stellar results. The ramp up of the interconnections agreement with our recently acquired QGlobal SMS, and later in the year with itsBchain’s blockchain payment platform, will further enhance our ability to cross-sell ‘in-house’ and expand across European and Latin American markets.” Experts differ on whether coronavirus will speed up or slow down 5G, but iQSTEL (OTC: IQST) is ready for growth.
Multiple Subsidiaries Make iQSTEL (OTC: IQST) A ‘One-Stop-Shop’
Whether coronavirus will help speed or slow 5G will not slow the quick performance growth and acquisition appetite of iQSTEL Inc. (OTC: IQST). Digital 5G communications will impact the future of quick remote communications. Blockchain will also revolutionize telecom in the future, especially more recently in smart contracts, international payments between carriers and the prevention of fraud in payments among carriers. Experts differ on whether coronavirus will speed up or slow down 5G, but iQSTEL (OTC: IQST) is ready for growth.
iQSTEL Inc. (OTC: IQST) Subsidiaries Offer Wealth Of Services
iQSTEL Inc. (OTC: IQST) has numerous subsidiaries in the 5G industries and is competitively bidding for more. 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) is vital. It also owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. Additionally, 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. Recently, it added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain LLC, a blockchain technology developer.
iQSTEL, Inc. (OTC: IQST) Is Primed To Grow In 5G Telecommunications
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. The company has also added Italo Segnini, a telecommunications expert with valuable industry contacts across Central America, has been added to iQSTEL, Inc.’s (OTC: IQST) Advisory Board. His industry knowledge makes him a value asset as the company expands.
Lockdown A Driver For 5G Telecommunications?
The virtual global lockdown caused by the coronavirus may be a driver 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 be desired with 5G when this worldwide lockdown is over. Either way, fast or slow, 5G is coming and will revolutionize telecommunications in business and personal communications. Experts differ on whether coronavirus will speed up or slow down 5G, but iQSTEL (OTC: IQST) is ready for growth.
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 the importance of 5G remote quick telecommunications. Fifth generation protocol is becoming vital for businesses and citizens alike. The benefits of 5G are becoming visible to all.
Source: Stock Market Press
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