iQSTEL Inc.’s Leandro Iglesias, CEO, Tells Stock Market Podcast He Sees More Growth By Acquisitions: Looking At Three New Markets
iQSTEL Inc.’s (OTC: IQST) Leandro Iglesias, CEO, said today (June 8, 2020) on Stock Market Podcast to interviewer Jane King that the company is seeking to continue its series of acquisitions and now has its eyes on three new markets. These include: 1) corporate services and specifically a company with PBX services; 2) a company more flexible with international telecommunications services; and 3) iQSTEL Inc.’s (OTC: IQST) is looking at two different companies with fiber optics services. One has 2,300 miles of fiber optics in Central America, running from Guatemala to Panama, and a second offers more than 300 miles of fiber optics in the Caribbean. The Stock Market Podcast may be heard in its entirety.
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.’s (OTC: IQST) Leandro Iglesias, CEO, Tells Stock Market Podcast He Sees More Growth By Acquisitions: Looking At Three New Markets
“From the day in June 2018 our subsidiary Etelix want public in the OTC market, we began an acquisition plan for iQSTEL to become a 21st Century telecom services provider. We wanted a strong portfolio acquisition plan,” Iglesias said. “Our current portfolio — including blockchain and internet of things (IoT) — will become even more important over the next years as all businesses will run 4G and 5G. We want to be a key player. We do business in the U.S. with Verizon, in Europe, Latin America, Portugal and Italy and recently made a deal with China Mobile. We are worldwide.” iQSTEL Inc.’s (OTC: IQST) Leandro Iglesias, CEO, Tells Stock Market Podcast He Sees More Growth By Acquisitions: Looking At Three New Markets.
iQSTEL’s (OTC: IQST) Plans For Organic Growth And More Acquisitions
He said that iQSTEL (OTC: IQST) is expanding financially through both organic increases and acquisitions. In Q1 the company reported volume of some $5 million while it is projecting sales of more than $9 million in Q2 of this fiscal year. Key to its continued growth have been intelligence firms such as blockchain provider itsBchain. It provides two key products he said: 1) a platform for quick mobile number portability; and 2) secure and fast international payments/settlements solutions that reduce cost and simplify commercial transactions.”
Workers From Home: An Opportunity For Growth
Important to the long term growth of iQSTEL Inc. (OTC: IQST), Iglesias said, is that the COVID-19 pandemic fundamentally changed workers to home locations where they require telecommunications like they are in an office. This is an opportunity for growth, as iQSTEL sees this remaining in place even after COVID-19 is less of a factor in the workplace. Working from home with sophisticated telecommunications will continue, he said. iQSTEL Inc.’s (OTC: IQST) Leandro Iglesias, CEO, Tells Stock Market Podcast He Sees More Growth By Acquisitions: Looking At Three New Markets.
iQSTEL Inc. (OTC: IQST) Plans Exchange Up List In The Future
Iglesias added that the company intends to up list in the future as its grows, and that this process was interrupted by the COVID-19 pandemic, It will in the future resume its goal of up listing to a larger exchange, he said. iQSTEL Inc.’s (OTC: IQST) Leandro Iglesias, CEO, Tells Stock Market Podcast He Sees More Growth By Acquisitions: Looking At Three New Markets.
Remote Monitoring Of LP Gas Tanks Technology
Leandro Iglesias, CEO, also mentioned in the Stock Market Podcast interview iQSTEL, Inc.’s (OTC: IQST) recently acquistion of of IoT Labs Mexico’s (IoT Labs Mx SAPI) IoT ‘Smart Gas Platform.’ It offers sophisticated remote monitoring technology of LP gas tanks in real-time. It plans to add it to general storage tanks, including gasoline, beverage, water and more.
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.
Source: Stock Market Press
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