iQSTEL, Inc. (OTCQX: IQST) Aggressive In Expanding Its Telecom, IoT And Fintech Divisions As It Acquires New Subsidiaries And Consolidates Businesses As It Grows Its Exposure And Share In The International Marketplace

Posted March 9, 2023

In NASDAQ: ERIC, NASDAQ: QCOM, NASDAQ: QRVO, NASDAQ: SWKS, NASDAQ: VZ, NASDAQ:TMUS, NYSE: S, NYSE: T, OTC: $IQST

iQSTEL, Inc. (OTCQX: IQST) is aggressive in expanding its Telecom, IoT And Fintech Divisions as it acquires new subsidiaries and consolidates businesses and grows its international exposure and share in the international marketplace. Expanding its global footprint on numerous technical fronts, means iQSTEL, Inc. (OTCQX: IQST) is gaining share in several businesses simultaneously. It has acquired companies, consolidated businesses into its own infrastructure and debuted new technology platforms such as IoTSmartGas and IoTSmartTank. It has integrated www.iotlabs.mx IoT into its own business and acquired two new subsidiaries, Whisl and Smarbitz. They complete a six-company platform for the US, Latin America and Transatlantic markets, the Company said.

Stock Market Press is reporting on the fast growing 5G telecommunications market by keeping readers up-to-date on such company stocks as iQSTEL Inc. (OTC: IQST),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS), Sprint (NYSE: S), Ericsson (NASDAQ: ERIC) in 5G networks. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.

Here are some of iQSTEL, Inc.’s (OTCQX: IQST) achievements on the world stage:

Consolidated and streamlined its telecom subsidiaries and achieved synergies with subsidiaries Etelix and SwissLink sharing a single CEO, COO, Sales, VP and other executives.

Successfully integrated its IoT business into its telecom Division.

In Fintech, successfully completed the test of its new product maxmo.vip. A commercial business development strategy is under way.

Expanded its exposure on the world stage by exhibiting in more international Shows. For example, it featured its proprietary platforms IoTSmartGas and IoTSmartTank at the influential Console Connect Exhibit Of ‘Mobile World Congress’ recently In Barcelona. It also participated in three major international telecom trade shows.

In its Blockchain Division, IQST completed Version 2 of its Mobile Number Portability App (MNPA) with a real time simulation on its proprietary Blockchain.

All of these achievements mean that IQST is becoming more efficient and successful worldwide.

The telecom division of iQSTEL Inc. (OTC: IQST) represents the majority of its current operations. It includes VoIP, SMS, Internet of Things (IoT) solutions and international fiber-optic connectivity through its subsidiaries: Etelix, SwissLink, SmartBiz, Whisl, IoT Labs and Global SMS.

IQST also operates a Fintech business line which is a complete FIntech ecosystem. It includes MasterCard Debit Card, US Bank Account and Mobile App/Wallet.

Additionally, IQST also operates a Blockchain platform business that offers its proprietary Mobile Number Portability Application through its Bchain subsidiary.

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

Nitin Harlalka

Nitin Harlalka is a Stock Market Press contributor who has covered financial market for close a decade. With a graduate degree in Economics, Nitin has been a freelance stock market and business journalist for a range of publications. Most recently, he has covered emerging industries such as cannabis and blockchain.