Google search title: Despite Consolidation,Telecommunications International Landscape Sees Growth Through Blockchain, Artificial Intelligence (AI) Technology

 In NASDAQ: AAPL, NASDAQ: AMZN, NASDAQ: DISH, NASDAQ: ERIC, NASDAQ: GOOGL, NASDAQ: LBTYA, NASDAQ: VOD, NASDAQ:TMUS, NYSE: CHL, NYSE: MSI, NYSE: NOK, NYSE: T, NYSE: TEF, NYSE: VZ, OTC: IQST

Despite the two mega-mergers, including 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 Telefonica SA  (NYSE: TEF), creating a giant worth nearly $39 billion, telecommunications are seeing international growth through blockchain and artificial intelligence (AI). At the center of the disruptive innovations is smaller but quick-growing iQSTEL Inc. (OTC: IQST).

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).

 

Despite Consolidation,Telecommunications International Landscape Sees Growth Through Blockchain, Artificial Intelligence (AI) Technology

The two billion dollar mega mergers are consolidating the 5G telecommunications industry — adding to the U.S.-China tensions over the role of Huawei Technologies and semiconductors in America — but smaller firms such as iQSTEL (OTC: IQST) disrupt and innovate internationally in the marketplace. 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, Internet of Things (IoT) applications, 4G and 5G international infrastructure connectivity and blockchain-based payment and phone number mobility platforms.

iQSTEL, Inc. (OTC: IQST) Plans Expansion Of ‘Smart Gas Platform’ To General Storage Tanks For Gasoline, Beverage, Water and More

For example, iQSTEL, Inc. (OTC: IQST) recently acquired and announced it planned to extend the remote monitoring of IoT Labs Mexico’s (IoT Labs Mx SAPI) IoT ‘Smart Gas Platform.’ It planned to expand the remote monitoring technology of LP gas tanks in real-time to general storage tanks, including gasoline, beverage, water and more. Through a SmartPhone app, tank owners can monitor real-time storage levels through a radio signal and/or cellular connection. iQSTEL, Inc. (OTC: IQST) also plans to commercialize the patent pending product throughout Mexico, Latin America and later to Europe and Canada.  Despite Consolidation,Telecommunications International Landscape Sees Growth Through Blockchain, Artificial Intelligence (AI) Technology.

iQSTEL (OTC: IQST) Expands International Footprint, Telecommunications Services

iQSTEL (OTC: IQST) continues to grow in technical telecommunications services offered as well as regions penetrated globally and an aggressive expansion by both organic growth and acquisition of more subsidiaries. iQSTEL (OTC: IQST) expands its 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. : Despite Consolidation,Telecommunications International Landscape Sees Growth Through Blockchain, Artificial Intelligence (AI) Technology.

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 position for building a future network. It has multiple subsidiaries based in Miami and Texas, and is entrenched in providing blockchain payment solutions on an international scale.

QGlobal SMS Is Increasing Its Presence In Latin America

iQSTEL, Inc. (OTC: IQST) and its QGlobal SMS subsidiary are expanding their presence in Latin American, Mexico markets. QGlobal SMS has expanded its presence in those markets recently by entering into a preliminary acquisition agreement for 100% of the capital stock of Alcyon Cloud SMS S.A.S., commercial brand SMSDirectos.com, a Colombian-based application and content provider serving the retail and commercial markets. It marks the first move by iQSTEL, Inc.’s (OTC: IQST) QGlobal SMS into the Latin American markets, including Colombia, Venezuela, Mexico, Uruguay, El Salvador and Guatemala.  iQSTEL, Inc. (OTC: IQST) Announces 20% Jump In Q1 Revenues To $5 Million, Projects $9+ Million In Q2.

iQSTEL, Inc.’s (OTC: IQST) QGlobal SMS subsidiary, using the existing network of SMSDirectos, plans to expand services from SMS into more omni-channel products and services. These include: SMS, emails, RCS (Rich Communications Services), Social Media Channels, such as What’s Up, Messenger), WebRTC (Web Real Time Communication), VoIP (IP-PBX SIP Trunking), ChatBots (Artificial Intelligence Based) SMS to email and email to SMS. The acquisition, then, would expand the QGlobal SMS subsidiary regionally into Latin America as well as breadth of services into new communications channels and social media channels. This acquisition strategically positions QGlobal SMS for long term growth In Latin America.

iQSTEL, Inc. (OTC: IQST) A Gateway Entry Into Latin America

The acquisition transaction enables iQSTEL, Inc. (OTC: IQST) and Its QGlobal SMS Subsidiary to enter the Latin America large mobile phone markets. In Colombia, the company and subsidiary is also offering its services to government telecommunications, small and medium businesses and end-users. Colombia itself has 65+ million mobile phone market subscribers, according to Statista Research. Significantly, this acquisition would give iQSTEL, Inc. (OTC: IQST) and Its QGlobal SMS Subsidiary a gateway entry into the Latin American mobile phone market of 500+ million users — positioning QGlobal SMS for long term expansion in the region.

iQSTEL Inc. (OTC: IQST) adds subsidiaries and offers more international blockchain and AI services.

iQSTEL Inc. (OTC: IQST) earlier announced its acquisition of 51% controlling interest in an Austin, Texas-based U.S.-Mexico SMS service provider. The takeover will mean iQSTEL’s QGlobal SMS brand will surpass 700 million SMS transactions annually with the acquisition. The transaction will give iQSTEL Inc. (OTC: IQST) $50+ million in annual sales, including the addition of $29 million to the annual revenues of iQSTEL — driving it to over $50 million. iQSTEL Inc.’s (OTC: IQST) SMS business, under the QGlobal SMS brand, will surpass 700 Million SMS transactions annually. Now the SMS business under the QGlobal SMS brand will represent 60%+ of the parent company’s annual sales in the $100 billion SMS market.

Telecommunications Companies, Such As iQSTEL, Inc. (OTC: IQST), Report Stronger Performance

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) 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

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