Sprint and T-Mobile Mega-Merger For 5G May Close By April 1, Insiders Say
The 5G M&A merger mania almost looks like a game of musical chairs. The 5G landscape is changing rapidly. Insiders say that the Sprint (NYSE: S) and T-Mobile (NASDAQ: TMUS) Mega-Merger For 5G May Close By April 1. The $26 billion merger was only recently approved by a U.S. judge. Already, the companies are organizing a management team to run the new combined operation. M&A activity in 5G telecommunications is red hot as key providers seek to position themselves to gain share in the future 5G telecommunications landscape.
Media companies such as Stock Market Press are reporting on the fast growing 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), Sprint (NYSE: S) and 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.
Sprint (NYSE: S) and T-Mobile (NASDAQ: TMUS) Mega-Merger For 5G May Close By April 1, Insiders Say
As 5G acquisitions continue, the battle for 5G market share has been linked to the change in the boardroom at Nokia Corp. (NYSE: NOK) with Rajeev Suri, CEO, stepping down and succeeded by Pekka Lundmark. The ripple impact of the explosive growth of 5G is seen throughout the industry. Sprint (NYSE: S) and T-Mobile (NASDAQ: TMUS) mega-merger for 5G may close by April 1, insiders say.
In the proposed $26 billion merger between mega providers Sprint (NYSE: S) and T-Mobile (NASDAQ: TMUS), the companies have already started naming management executives of the new combined entity. Inside say the mega merger could happen as early as April 1. There still could be roadblocks such as a court appeal and the failure of other needed approvals. But, barring that, the $26 billion merger is close to closing. Sprint (NYSE: S) and T-Mobile (NASDAQ: TMUS) mega-merger for 5G may close by April 1, insiders say.
Other M&A Activity In 5G and Telecommunications Was By iQSTEL, Inc. (OTC: IQST)
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. itsBchain is a blockchain solutions provider which has debuted software which offers the industry fast payment processing. It also mitigates possible fraud in international transactions.
Additionally, iQSTEL Inc. (OTC: IQST) already has several high technology subsidiaries and it continues to grow in size and telecom services. The company signed a $25 million agreement with a New York-based investment banking firm to assist in sourcing capital for 5G infrastructure acquisitions and investments. It has currently reached the qualification stage in its competitive big to acquire controlling interest in a Central American telecommunications company with a 2,300 mile aerial fiber optic cable network.
Armed with the $25 million commitment, iQSTEL, Inc. (OTC: IQST) is seeking to acquire controlling interest in that unnamed company, which experts say will be worth some $100 million in the future as it transitions from 4G to 5G and connects several Latin American countries, Mexico and the U.S. iQSTEL, Inc. (OTC: IQST) said it is well positioned throughout Latin America and Europe to take full advantage of this fast-growing industry. It also has subsidiaries based in the U.S. Sprint (NYSE: S) and T-Mobile (NASDAQ: TMUS) mega-merger for 5G may close by April 1, insiders say.
iQSTEL Inc. (OTC: IQST) Is Well Positioned In 5G
iQSTEL, Inc. (OTC: IQST) is in the midst of an aggressive expansion program by acquisition and investment in 5G. It already offers to the telecommunications industry Submarine Fiber Optic Network capacity, Satellite Communications services, Internet of Things (IoT) technology, Blockchain solutions and Mobile Virtual Network Operator (MVNO).
The parent company already has wholly-owned, 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 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.
Source: Stock Market Press
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