private 5G networks soaring in Europe, Walmart-Verizon in talks to set up 5G services in stores

Private 5G Networks To Soar In Europe, In U.S. Walmart-Verizon In Talks To Set Up 5G Services In Stores

Posted April 8, 2020

In NASDAQ: ERIC, NASDAQ: QCOM, NASDAQ: QRVO, NASDAQ: SWKS, NASDAQ:TMUS, NYSE: CHL, NYSE: MSI, NYSE: S, NYSE: T, NYSE: VZ, NYSE: WMT, OTC: HVBTF, OTC: IQST, OTC: LBCC

5G networks are going private, with 33 companies — including BMW AG, Volkswagen AG and Robert Bosch GmbH — already buying licenses from the German government for radio spectrum bandwidth to do so. Initially, the private 5G networks are primarily for heavy industry, but as the Walmart-Verizon discussions to establish a private 5G network in the U.S. shows, the trend may be spreading. Walmart (NYSE: WMT) and Verizon (NYSE: VZ) are talking about an agreement to install 5G telecommunications at Walmart (NYSE: WMT)as part of a deal where Verizon in some Walmart stores plans to operate health clinics permitting customers to talk to remotely-located physicians and other health care providers over streaming video.

Media companies such as Stock Market Press are reporting on the fast growing blockchain 5G telecommunications market. It keeps readers up to date on 5G company stocks such as iQSTEL Inc. (OTC: IQST), 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), HIVE Blockchain Technologies Ltd. ( (OTC: HVBTF) and Long Blockchain Corp. (OTC: LBCC) in 5G and blockchain networks. Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.

Private 5G Networks To Soar In Europe, In U.S. Walmart-Verizon In Talks To Set Up 5G Services In Stores

Governments in Europe, such as Germany, are selling the bandwidth through licenses, a revenue generator. Heavy industry manufacturers like the benefits of 5G private networks. It gives them cybersecurity and reliable connects that ensure critical tasks can be performed in real time. In the U.S., two test clinics were opened in Walmart (NYSE: WMT) stores last year. The parties say that 5G offers enhanced security for users of clinics discussing health issues with doctors in a remote location. Telemedicine has been vital in treating patients in the current coronavirus pandemic. Meanwhile, Verizon (NYSE: VZ) is said to be talking with other providers about establishing more private 5G networks, in venues such as sports areas.

5G May Be Coming To A Walmart Store Near You In A Verizon Health Clinic Deal

The proposed deal between Walmart (NYSE: WMT) and Verizon (NYSE: VZ) is only in the talking stages right now. But the concept of digital health services over 5G streaming networks in a remote clinic scenario is breathtaking. It protects security and helps Walmart (NYSE: WMT) — and its 4,700 U.S. stores — enter a new wireless technology area of 5G with faster internet. 5G would play other roles in the stores, such as security and inventory restocking, sources said. Private 5G networks to soar in Europe, in U.S. Walmart-Verizon in talks to set up 5G services in stores.

The project would require new 5G antennas capable of streaming to local communities. It would offer multiple new services to 5G users such as faster internet (IoT) and more than just the products and groceries available at a Walmart today. Private 5G networks to soar in Europe, in U.S. Walmart-Verizon in talks to set up 5G services in stores.

iQSTEL Inc. (OTC: IQST) Will Play An Important Role In 5G

Companies like iQSTEL Inc. (OTC: IQST) will play a growing role in the installation and maintenance of the 5G telecommunications landscape. As the fifth generation impacts everything from SmartPhones to business streaming, firms such as iQSTEL Inc. (OTC: IQST) will play an important role in the future of telecommunications, iQSTEL Inc. (OTC: IQST) through its growing number of subsidiaries will impact how 5G offers new and quicker features.

iQSTEL Inc. (OTC: IQST) already has several high technology subsidiaries and it continues to grow in size and telecom services. Recently, iQSTEL Inc. (OTC: IQST) added another high tech subsidiary when it completed its acquisition of a 75% stake of itsBchain. The parent company already has a wholly-owned, Miami-based subsidiary, Etelix, an American 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). The other is 51% owned SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. 5G is not just coming, it’s here with quicker speed. It also 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.

Companies Like iQSTEL Inc. (OTC: IQST) Seen Playing Important Role In 5G

QSTEL Inc. (OTC: IQSTEL), including its subsidiaries, reported 2019 sales of near $22 million, an 18.5% jump from the prior year. For January 2020, the parent company reported consolidated net sales of $1,844,258, representing a 32% jump in volume when its SwissLink sales are included. As 5G and blockchain innovation impacts telecommunications globally, iQSTEL (OTC: IQST) reported a 46% jump in consolidated sales for February 2020 and a 39% year-to-date revenue rise compared to one year ago. The company sales in February reached $1,688,206 consolidated including all subsidiaries. It attained a 39% rise when it attained $3,546,058 for year-to-date 2020 compared to $2.5 million the same period in 2019.

The company has such a promising future in telecommunications globally that it was announced last week that the original shareholders of subsidiaries Etelix and SwissLink gave back to iQSTEL Inc. (OTC: IQST) a combined 20.8 Million shares, reducing the parent company’s outstanding share count to 24 Million, a reduction by almost 50%. The transaction was completed because the subsidiaries see it as “the best course of action is to further facilitate corporate growth with the return of these shares,” said Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST).

Source: Stock Market Press

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Bina Murarka

Bina Murarka is a India-based technology reporter for Stock Market Press. A freelance writer who covered tech for various mainstream and financial websites, she writes about everything from small-cap telecommunications companies to the digital economy's impact on financial markets. She graduated from Calcutta University.