iQSTEL, Inc.’s (OTCQX: IQST) Chairman And CEO Leandro Iglesias Reaffirms $105 Million 2023 Revenue Forecast At First Livestream Annual Meeting; IQST Readies Intro Of EV Motorcycle 550 Elite As Hi-Tech Communications Company Seeks Leadership In Electric Transportation Solutions
iQSTEL, Inc.’s (OTCQX: IQST) Chairman and CEO Leandro Iglesias has reaffirmed the Company’s $105 million 2023 revenue forecast at its first live stream Annual Meeting. He also said the company would show more than $1 million of net income by the end of the year. The high tech, multinational communications company also announced through a manufacturing partnership it is readying the introduction of its EV Motorcycle 550 Elite. IQST seeks leadership within the Electric Transportation Solutions marketplace. It would be marketed in multiple countries, such as the US, Spain, Portugal, Panama, Columba and Venezuela, through its IQST Electric Vehicle (EV) Business Line, or www.evoss.net It is also developing an EV Mid-Speed Car to serve the niche of the second car in the family. IQST aims to become the leader in electric transportation solutions, such as motorcycles and personal cars. The full Shareholders Meeting can be heard on the iQSTEL Shareholder Meeting Recording.
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.
Evoss is IQST’s B2C business division Through IQSTEL, Evoss has a presence in 15 countries and has the full financial support of IQSTEL. The companies have a manufacturing partnership and a three-year strategic purchase agreement.
The telecom division of iQSTEL Inc. (OTC: IQST) represents the majority of current operations. It includes VoIP, SMS, Internet of Things (IoT) solutionsand international fiber-optic connectivity through its subsidiaries: Etelix, SwissLink, SmartBiz, Whisl, IoT Labs and Global SMS.
IQST also operates a Fintech business line which a complete FIntech ecosystem MasterCard Debit Card, US Bank Account and Mobile App/Wallet. One Fintech subsidiary is Global Money One, designed to provide immigrants with reliable financial services and stay connected with their families back home.
Additionally, IQST also operates a Blockchain platform business that offers its proprietary Mobile Number Portability Application (MNPA), through its Bchain subsidiary.
In addition to all this technology communications, IQST is now seeking to market to multiple countries EV motorcycles and cars for niche needs and fun.
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
