Global Shakeup In Telecommunications Sees Second Mega Merger. iQSTEL Keeps Adding Subsidiaries, Enters New Markets
Mega-mergers such as the $26 billion merger between T-Mobile US (NASDAQ: TMUS) and Sprint in the U.S. and Liberty Global (NASDAQ: LBTYA) in the U.K. merging with Spain’s Telefónica SA (NYSE: TEF) create a giant worth nearly $39 billion. Meanwhile, smaller but quick-growing telecommunications firms such as iQSTEL Inc. (OTC: IQST) are building a large regional footprint offering more sophisticated services internationally by adding acquisitions.
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).
Global Shakeup In Telecommunications Sees Second Mega Merger. iQSTEL (OTC: IQST) Keeps Adding Subsidiaries, Enters New Markets
Industry analysts may keep a watchful eye on the largest mergers in the telecommunications industry, but smaller firms such as iQSTEL (OTC: IQST) continue to grow, as well, in both technical telecommunications services offered as well as regions penetrated globally and an aggressive expansion by both organic growth and acquisition of more subsidiaries.
Telecommunications Landscape Sees Two Mega Mergers This Year. First It Was T-Mobile-Sprint In The U.S., Now It Is Liberty Global-Telefónica In Europe
Beneath the surface of those billion dollar mega mergers, companies such as iQSTEL (OTC: IQST) continue to expand their international footprint and telecommunications services. This company is acquiring new subsidiaries in the U.S., Mexico and throughout Latin America and serving Tier-1 clients throughout Europe. Global Shakeup In Telecommunications Sees Second Mega Merger. iQSTEL (OTC: IQST) Keeps Adding Subsidiaries, Enters New Markets.
As the U.S. prepares to build its own 5G networks with domestic-based firms, iQSTEL (OTC: IQST) is in prime position to offer expertise in 5G as a company prepared and ready to participate in building a new telecommunications network as well as maintain it. Having a solid foothold in Latin America/Mexico puts this fast-growing company in an important potential role of building a future system. It also has multiple subsidiaries based in Miami and Texas, and is entrenched in providing blockchain solutions on an international scale. Global Shakeup In Telecommunications Sees Second Mega Merger. iQSTEL (OTC: IQST) Keeps Adding Subsidiaries, Enters New Markets.
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. Global Shakeup In Telecommunications Sees Second Mega Merger. iQSTEL (OTC: IQST) Keeps Adding Subsidiaries, Enters New Markets.
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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