iQSTEL, Inc. (OTC: IQST) Sees Significant Growth In SMS Customer Base By Next Month (October) As Its Subsidiary QGlobal SMS LLC Has Completed SMS Market Integration With China Mobile (NYSE: CHL) And Telefónica (Moviestar) (NYSE: TEF); iQSTEL Anticipates SMS Will Generate 65+% Of Its Revenues
The SMS business is becoming a major driver of iQSTEL, Inc’s. (OTC: IQST) growth. As subsidiary QGlobal SMS LLC has completed SMS Market Integration With China Mobile (NYSE: CHL) And Telefónica (Movistar) (NYSE: TEF), the Company anticipates its customer base is ‘on track’ for a doubling in size by next month (October) resulting in stronger financial performance for Q3 and Q4 in 2020 as well as a firm outlook for 2021 and beyond.The completed SMS integration is pushing SMS business to greater than 65% of iQSTEL, Inc’s. (OTC: IQST) volume.
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).
iQSTEL, Inc. (OTC: IQST) Sees Significant Growth In SMS Customer Base By Next Month (October) As Its Subsidiary QGlobal SMS LLC Has Completed SMS Market Integration With China Mobile (NYSE: CHL) And Telefónica (Moviestar) (NYSE: TEF); iQSTEL Anticipates SMS Will Generate 65+% Of Its Revenues
The A2P (Application To Person) SMS industry is estimated to reach $101 Billion globally by 2030, according to Transparency Market Research. That report attributes the exponential gains to a surge in mobile users, mobile marketing, additional use by the banking sector and increase in two-factor authentication by web platforms and services. These are all factors driving the global industry to greater than $100 billion by 2030, the report says. Even as the COVID-19 pandemic negatively impacts the A2P SMS market, sectors such as alerts, notifications and online notifications are moving in an upward trajectory. Government bodies and other agencies are utilizing A2P SMS messages as an effective tool. iQSTEL, Inc. (OTC: IQST) Sees Significant Growth In SMS Customer Base By Next Month (October) As Its Subsidiary QGlobal SMS LLC Has Completed SMS Market Integration With China Mobile (NYSE: CHL) And Telefónica (Moviestar) (NYSE: TEF); iQSTEL Anticipates SMS Will Generate 65+% Of Its Revenues.
iQSTEL, Inc. (OTC: IQST) CEO Sees SMS Business Reaching 65%+ Of Company Volume
Mr. Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), said, “The completion of China Mobile and Telefonica integration pushes our SMS business to over 65% of our revenues. Using a simple formula, larger network integration equates to a larger customer base leading to escalating revenues. The rapid expansion of Global SMS’ business during 2020 has been phenomenal, a testament to the whole iQSTEL families’ relentless dedication to building a rock solid business.”
QGlobal SMS LLC specializes in Applications to Person (A2P) and Person to Person (P2P) for th Wholesale Carrier Market and Corporate Market. It has a commercial presence in U.S., Mexico, Latin America plus Europe, Middle East, Asia and Africa through SMS service providers based in Austin, Tx., and Miami.
iQSTEL, Inc. (OTC: IQST) subsidiary QGlobal SMS LLC is in a major expansion phase with more than 35 telecommunications companies and SMS integrators tie-in worldwide. This puts Global SMS’ customer base on track for an October 2020 doubling. This would result in strong Q3 and Q4 2020 figures along with a solid outlook for 2021 and beyond, according to the Company. iQSTEL, Inc. (OTC: IQST) Sees Significant Growth In SMS Customer Base By End Of Next Month (October) As Its Subsidiary QGlobal SMS LLC Has Completed SMS Market Integration With China Mobile (NYSE: CHL) And Telefónica (Movistar) (NYSE: TEF); iQSTEL Anticipates SMS Will Generate 65+% Of Its Revenues.
The iQSTEL, Inc. (OTC: IQST) network operations center (NOC) in Spain is handling all the global SMS interconnects. During the month of August 2020, this NOC expects to process over 550 million SMS messages, the Company estimated. It has 35 telecommunication companies and SMS integrators tie-in worldwide.
Transparency Market Research in its report titled ‘A2P SMS – Revolutionizing Business Communication And Messaging’, estimated, “Nearly 90% of the overall A2P traffic is likely to be driven by SMS during the forecast period (to 2030) due to which, significant developments across the A2P SMS market, in terms of technology, can be anticipated. It added, “At present, the overall engagement of user traffic for application-to-person (A2P) SMS type is scaling new heights — a trend that is expected to continue over the upcoming years.”
iQSTEL, Inc. (OTC: IQST) In Q3 2020 Is Now Expected To Beat Its Q2 Volume Of $11.2 Million
iQSTEL, Inc. (OTC: IQST) has reported spikes in both volume and net income in 2020. Sales jumped by 90% to $16.1 million for the first half YTD 2020 and it reported a rise in net income to $1.2+ Million for Q2 2020. All operating subsidiaries of the 21st Century enhanced telecommunications service provider generated positive net income for the parent Company in that period. For the fourth consecutive month — May, June, July and now August — in 2020, telecommunications firm iQSTEL, Inc. (OTC: IQST) has surpassed $4.3 million in volume in each month and is now on track to achieve sales in Q3 2020 beating its Q2 volume of $11.2 million, the Company said.
iQSTEL, Inc.’s (OTC: IQST) Growing With More Subsidiaries
The parent company is an 21st Century enhanced telecommunications service provider. It owns a 75% stake in blockchain subsidiary itsBchain LLC, iQSTEL Inc. (OTC: IQST) and 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 SAPI. This Internet of Things (IoT) company is the creator of the “IoT Smart Gas” platform and application.
Source: Stock Market Press
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