iQSTEL Inc. Leads In IoT Innovation By Spotting Opportunities, Pursuing Commercial Markets Globally For IoT Smart Gas Platform
iQSTEL Inc. (OTC: IQST) has proved it can lead in an industry of larger telecommunications players by spotting opportunities and maximizing the global marketing of niche products — such as the Internet of Things (IoT) Smart Gas Platform it acquired when IoT Labs MX was purchased recently by iQSTEL Inc. (OTC: IQS). This unique product notifies in real time the owner by Smart Device when the LP Gas tank needs refilling. But to iQSTEL is it is so much more: It can remote monitor by cellular GSM network ground, air and sea tank monitoring for other liquids as well: such as milk, beverages, beer, chemical products and gases. iQSTEL has re-engineered the device for commercial use for more oil and gas companies and distributors in the region. The goal is to make IoT Labs Mexico a name brand.
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).
iQSTEL Inc. (OTC: IQST) Leads In IoT Innovation By Spotting Opportunities, Pursuing Commercial Markets Globally For IoT Smart Gas Platform
According to the IoT Smart Gas Platform website www.iotsmartgas.com, remote monitoring by the IoT Smart Gas Platform can be tracked by iPhone or Android device. It also has a predictive algorithm to calculate how many more days of gas or other products are still left. Remote management ensures product availability. Using a SmartPhone takes advantage of iQSTEL Inc.’s (OTC: IQST) telecommunications expertise. From an IoT device to monitor LP Gas, iQSTEL has modified it into a commercial product that has a wide range of industry applications. Delivering gas level messages by email and SMS, it is projected that its use will drive more than 135-150% more gas by providers to customers and help to create more efficient route planning for deliveries, it said in its presentation.
Technology Innovation Drives The Expanding IoT Disrupting Products Of iQSTEL Inc. (OTC: IQST), Such As The IoT Smart Gas Platform
Jose Antonio Barreto, an IoT expert and telecommunications and technology specialist, has been brought on board the company to help the commercial launch of the IoT Smart Gas Platform. He has also been named as an independent advisor to the company’s board. He joins existing independent advisors to the board Jose Antonio Abdo and Italo Segnini, also specialists in the telecommunications and technology sectors.
The IoT Labs MX Acquisition Is Complete
Mr. Iglesias, CEO of iQSTEL (OTC: IQST), said that “with the IoT Labs MX acquisition complete our goal of expanded commercialization of the main product, IoT Smart Gas Platform, required the addition of an experienced and technology specialist. Jose Antonio Barreto’s technical skills, leadership and industry contacts will propel IoT Labs MX and the IoT Smart Gas Platform to new levels across the North and Central American landscape.” He added that, “The IoT marketplace, part of our 21h Century enhanced telecommunications corporate vision, is seeing demand explode. The infrastructure to support this growth is being deployed by iQSTEL throughout Latin America.”
Mr. Francisco Bunt, CEO of IoT Labs Mexico, said, “IoT Smart Gas units are in production, with more than 100 in field use already. The existing infrastructure that iQSTEL allows us to benefit from will assist in the rapid commercialization process across Mexico, Latin America, and later this year through Europe and Canada.”
The ‘Star’ IoT Product
Mr. Iglesias calls the Smart Gas Platform the company’s ‘star IoT product.’ Technology Innovation Drives The Expanding IoT Disrupting Products Of iQSTEL Inc. (OTC: IQST), Such As The IoT Smart Gas Platform.
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. Most recently, it acquired IoT Labs MX.
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.
Stock Market Press
110 Wall St.
New York, NY 10005 firstname.lastname@example.org
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