iQSTEL, Inc. And Its QGlobal SMS Subsidiary Expanding Presence In Latin America, Mexico Markets
iQSTEL, Inc. (OTC: IQST) and its Miami-based QGlobal SMS subsidiary have expanded their SMS presence in Latin America and Mexico markets by this week 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.
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), Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS) and Ericsson (NASDAQ: ERIC), HIVE Blockchain Technologies Ltd. ( (OTC: HVBTF) and Long Blockchain Corp. (OTC: LBCC). Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
iQSTEL, Inc. (OTC: IQST) And Its QGlobal SMS Subsidiary Expanding Presence In Latin America, Mexico Markets
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) And Its QGlobal SMS Subsidiary Expanding Presence In Latin America, Mexico Markets.
The SMSDirectos Acquisition Will Expand Services For QGlobal SMS
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.’s (OTC: IQST) QGlobal SMS Subsidiary Targets $300K Revenues For SMSDirectos
Mr. Iglesias, CEO of iQSTEL, Inc.(OTC: IQST), said, “This acquisition will mark QGlobal SMS’ first foray into Latin America end-user markets. Colombia is just the start of QGlobal SMS’ business growth. We have already begun working on SMSDirectos’ retail business expansion, aiming for 35% of EBITDA. The implementation of omni-channel products will expand SMSDirectos’ revenues with a 1st year target of $300K.” iQSTEL, Inc. (OTC: IQST) And Its QGlobal SMS Subsidiary Expanding Presence In Latin America, Mexico Markets.
He added, “We are expanding QGlobal SMS’ product lines to include high earning Telecom Enhanced Products enabling faster market penetration across the Latin American markets.” iQSTEL, Inc.’s (OTC: IQST) Global SMS Subsidiary Enters Into Preliminary Acquisition Agreement For SMSDirectos, Telecommunications Provider In Colombia. iQSTEL, Inc. (OTC: IQST) And Its QGlobal SMS Subsidiary Expanding Presence In Latin America, Mexico Markets.
iQSTEL Inc. (OTC: IQST) Last Week Acquired 51% Of U.S.-Mexico Service Provider
iQSTEL Inc. (OTC: IQST) announced last week its acquisition of 51% controlling interest in an Austin, Texas-based U.S.-Mexico SMS service provider. The transaction adds $29 million to the current annual revenues of iQSTEL and places its QGlobal SMS brand deeper into the $100 billion SMS market. That plus the preliminary acquisition agreement for 100% of the capital stock of SMSDirectos.com would give iQSTEL, Inc.’s (OTC: IQST) and its QGlobal SMS Subsidiary positioning for long term growth in Latin America multi-channel telecommunications.
iQSTEL Inc. (OTC: IQST) A 21st Century Telecom Enhanced Service Provider
Mr. Iglesias said the prior acquisition was “In line with our transformation of iQSTEL into a 21st Century Telecom Enhanced Service Provider. Our strategy at iQSTEL is to build a very strong portfolio of high tech solutions: Domestic and International Long Distance (VoIP), SMS service provider (A2P & P2P), 4G and 5G international fiber-optic connectivity, Internet of Things (IoT) Applications and Blockchain-based platform applications. We are preparing iQSTEL for an expansive 2020 outlook and beyond.”
Here Comes Quick-Growing, Aggressively Acquiring iQSTEL, Inc. (OTC: IQST)
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. Last week it acquired the 51% of an Austin, Texas-based SMS U.S.-Mexico Service provider.
Source: Stock Market Press
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