Huawei Officials Ask To Meet With PM Boris Johnson For Delay In Decision To Post-Election 2025 After UK Bars Firm From Participating In 5G Equipment Sales
Trying to delay its ouster from 5K supplier sales in the U.S., Huawei officials have asked to meet with PM Boris Johnson. They seek to delay the implementation of the decision to post-election 2025 and, in return, would pledge to maintain its 2K, 3K and 4K mobile equipment in that country. According to a report by Bloomberg, Hauwei officials would hope that the government may change in the election and the decision to bar the Company from 5G would be reversed. John Browne, chairman of Huawei’s U.K. board, resigned.
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), 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), DISH Network Corporation (NASDAQ: DISH), Nokia Corporation (NYSE: NOK), Liberty Global (NASDAQ: LBTYA) and Vodafone Group PLC (NASDAQ: VOD).
Huawei Officials Ask To Meet With PM Bros Johnson For Delay In Decision To Post-Election 2025 After UK Bars Firm From Participating In 5G Equipment Sales
In addition to barring Huawei from 5G equipment sales, the U.K. government launched a consultation for eliminating Huawei from U.K.’s fiber optic network. That transition period is not expected to exceed two years. Meanwhile, media reported that some conservative members of the government wondered why there had to be a slow, seven-year phaseout of Huawei from 5G and why Huawei equipment would remain in place in non-5G networks. Huawei Officials Ask To Meet With PM Boris Johnson For Delay In Decision To Post-Election 2025 After UK Bars Firm From Participating In 5G Equipment Sales.
President Trump and the U.S. is pressuring European to shut out Huawei from their in completion 5G networks, for security reasons. Tensions between the West and China have fueled the issue. The fact that U.K. PM Johnson himself was hospitalized the COVID-19, thought to come from China, is another issue. Huawei Officials Ask To Meet With PM Boris Johnson For Delay In Decision To Post-Election 2025 After UK Bars Firm From Participating In 5G Equipment Sales.
iQSTEL Inc. (OTC: IQST) Positions To Play A Role In 5G
As mega providers race to complete 5G networks and win market share, iQSTEL, Inc. (OTC: IQST) continues to develop blockchain, artificial intelligence (AI) and Internet of Things (IoT) driven innovative and disruptive services and products. iQSTEL Inc. (OTC: IQST) is creating a larger global physical footprint — from Latin America, to Europe and Asia — while at the same time offering one-stop-shop services including fiber optics, 4G and 5G, VoIP, and global interconnectivity.
iQSTEL Inc. (OTC: iQST) is in the middle of 5G applications. iQSTEL Inc. (OTC: iQST) is transforming the global telecommunications industry by bringing 21st Century blockchain products that disrupt the telecom market by applying the newest, most sophisticated technology. These include mobile portability and international payments/settlements products that address the issues of speed, fraud and real time transactions. iQSTEL Inc. (OTC: IQST) is bringing new services and products to this market.
iQSTEL’s (OTC: IQST) Mobile Number Portability App (MNPA) Is Well Positioned For 5G
iQSTEL’s (OTC: IQST) itsBchain LLC subsidiary’s Mobile Number Portability App (MNPA) is well positioned for the push this year by Apple Inc. (NASDAQ: AAPL) and Verizon (NYSE: VZ) into 5G iPhones and 5G Networks. The blockchain and artificial intelligence (AI) driven MNPA enables mobile phone users to quickly and securely make a porting change to a new provider while keeping the same number.
Companies such as American Express (NYSE: AXP), Visa (NYSE: V), Discover (NYSE: DFS), MasterCard (NYSE: MA) and other financial institutions are increasingly relying on blockchain for their global payment processing — seeking the benefits of distributed ledger record-keeping and transparency in large cross-border transactions. As blockchain disrupts FinTech and international banking, iQSTEL Inc. (OTC: IQST) and itsBchain LLC subsidiary have developed blockchain-driven software for fund processing with other advantages: a shortened receivables timeframe and fraud mitigation, even after a transaction is completed.
iQSTEL Inc.’s (OTC: IQST) already has developed its first two blockchain products: mobile portability and speedier payments/settlements. Leandro Iglesias, CEO of iQSTEL Inc.’s (OTC: IQST), said that the Company’s 75%-owned subsidiary blockchain solutions provider itsBchain LLC today has developed two key products to the global telecommunications market. The first one is a platform enabling a quick mobile number portability app (MNPA) for consumers who wish to change networks while keeping the same number. In three clicks, the change is quickly and securely made. Second is an industry-disrupting secure and fast international payments/settlements solutions software platform that quickly makes real time transactions online that reduce cost and simplify commercial transactions. Both are projected as industry-leading, long term revenue stream providers for the Company.
iQSTEL Inc. (OTC: IQST) has also acquired a new blockchain product in the ‘IoT Smart Gas’ Platform and Application from IoT Labs MX. This is a revolutionary device driven by blockchain technology which iQSTEL Inc.(OTC: IQST) has expanded to remote manage numerous liquids — not just LP gas — to include milk, beer, and other materials. The Company plans to market this blockchain-driven device throughout Latin America and in the future Europe.
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 Global 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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