For The Second Time This Year, Telecommunications Sees Mega Merger. First It Was T-Mobile-Sprint, Now It Is Liberty Global-Telefónica

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The landscape of the global telecommunications industry is going through an upheaval this year. First it was the $26 billion mega-merger between T-Mobile US (NASDAQ: TMUS) and Sprint in the U.S., now Liberty Global (NASDAQ: LBTYA) in the U.K.is merging with Spain’s Telefónica SA  (NYSE: TEF) to create a giant worth nearly $39 billion — the biggest deal since the COVID-19 lockdowns began.

Media companies such as Stock Market Press are reporting on the fast growing 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), Nokia Corporation (NYSE: NOK), Liberty Global (NASDAQ: LBTYA), Vodafone Group PLC (NASDAQ: VOD), 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) and DISH Network Corporation (NASDAQ: DISH).

 

For The Second Time This Year, Telecommunications Sees Mega Merger. First It Was T-Mobile-Sprint, Now It Is Liberty Global-Telefónica

The goal in the first merger is to create more efficiency in 5G networks in the U.S., with the courts inviting DISH Network Corporation (NASDAQ: DISH) into the 5G market as well, with the promise of bringing 5G to rural markets, as well. The European mega merger was in part designed to offer consumers packages of cable, internet, wireless and landline phone service all on a single bill. It comes as the COVID-19 pandemic crisis continues. For The Second Time This Year, Telecommunications Sees Mega Merger. First It Was T-Mobile-Sprint, Now It Is Liberty Global-Telefónica.

Some Telecommunications Companies, Such As iQSTEL, Inc. (OTC: IQST), Report Stronger Performance As It Offers Services To Home-Bound Business Workers

iQSTEL, Inc. (OTC: IQST) announced record setting growth continuing in 2020 with a 20% jump in year-over-year Q1 revenues to $5 million due in part to a ‘very strong’ performance through the COVID-19 pandemic. Many businesses extended their work-from-home strategy — boosting intra-company telco services. iQSTEL expects this trend to continue. It reported sales of $4,980,151 for the current quarter, exclusive of sales from new Miami-based subsidiary QGlobal SMS. It projects sales including those of QGlobal SMS at $9+ million for Q2.

The QGlobal SMS performance was not included in iQSTEL, Inc.’s (OTC: IQST) Q1 numbers because of subsidiary formation. Instead, those figures will be included in the parent company’s Q2 totals when $9+ million revenues are forecast. On a yearly basis, QGlobal SMS volume is estimated at some $30 million, the company said. For The Second Time This Year, Telecommunications Sees Mega Merger. First It Was T-Mobile-Sprint, Now It Is Liberty Global-Telefónica.

iQSTEL, Inc. (OTC: IQST) Sees Trend Continue As The ‘New Normal’

Mr. Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), said, “Our team at iQSTEL and subsidiaries bring record results again. While the COVID-19 near-global-closure has affected many companies’ ability to operate, we continue to surpass expectations. Our business has stayed very strong through the COVID-19 pandemic as many businesses have expanded their work-from-home strategy, thus boosting intra-company telco services.

“Even though our main clients are carriers, the bulk of the underlying business is corporate. We expect this trend to continue in the coming months and even becoming part of the ‘new normal’ we’ll be seeing as the economy adapts going forward,” he said.

iQSTEL (OTC: IQST) Providing Vital Telecommunications Role During COVID-19 Pandemic

Firms such as  iQSTEL (OTC: IQST) and others are also providing health care professionals unprecedented communications speed and telemedicine options for first line doctors and nurses. 5G communications firms, like iQSTEL (OTC: IQST), are providing important network benefits during the coronavirus pandemic.

Earlier, Mr. Iglesias, CEO of iQSTEL (OTC: IQST), said, “5G communications, along with IoT (Internet of Things) and other 5G-centric technologies, have already been providing significant benefits worldwide, that can be used in such situations as the current COVID-19 pandemic, allowing doctors to participate in real-time patient diagnostics and remote surgeries, among countless other benefits.”

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.

Source: Stock Market Press

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