U.S. Legislators Reaffirm Need For Fast-Speed Internet As Crucial To Nation’s Recovery, Great News For 5G

As online school activity, telemedicine and other computer programs excel in the coronavirus order stay-at-home period, U.S. legislators from both parties are proponents of major broadband legislation and the building of a faster-speed network across the country. That’s great news for 5G installers and maintenance companies — especially those based on the U.S. — as they stand to benefit from this priority in Congress.

5G is in the news daily. Media companies such as Stock Market Press are reporting on the fast growing blockchain and 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) 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.

U.S. Legislators Reaffirm Need For Faster-Speed Internet As Crucial To Nation’s Recovery, Great News For 5G

The lockdown from COVID-19 in the U.S. has accelerated computer internet services such as online schooling, telemedicine and sites such as Facebook, Zoom, Snap, and others. Lawmakers on both sides of the aisle agree that a faster internet is vital to America’s future. 5G specialists, such as iQSTEL Inc. (OTC: IQST), with American-based subsidiaries, are in a prime position to be involved with the building of new telecommunications infrastructure. Legislators are asking forcefully for more broadband, and 5G will be a necessary part of that new network.  U.S. Legislators Reaffirm Need For Faster-Speed Internet As Crucial To Nation’s Recovery, Great News For 5G.

“It’s Not A Luxury — It’s A Necessity”

“Having affordable broadband — it’s not a luxury, it’s a necessity,” said Rep. Mike Doyle (D, Pa.), reflecting the feeling of his current lawmakers. “Broadband infrastructure has to be one of the key elements to that, and this pandemic has brought that right to the forefront.” As chairman of the House Communications and Technology Subcommittee, he is reflecting the mood of both Democrats and Republicans.

Especially in rural sections of the country, broadband is either not widely available or too expensive for some citizens to afford. The Federal Communications Commission (FCC) is aware of the issue and is now making it a federal priority. Funding for a new network could start as soon as the next recovery round of funding.  U.S. Legislators Reaffirm Need For Faster-Speed Internet As Crucial To Nation’s Recovery, Great News For 5G.

Mega-Merger Of T-Mobile US And Sprint With Dish Network Role Could Spur Installation of 5G Network To Rural Areas

The $26 billion mega-merger of T-Mobile US (NASDAQ: TMUS)-Sprint with role of the Dish Network (NASDAQ: DISH) could mean more 5G faster service to rural sections of the country. As a condition of securing federal approval for the transaction, Dish Network (NASDAQ: DISH) had promised a new 5G network built for large swaths of rural areas covering 70% of the American population by 2023.

iQSTEL Inc. (OTC: IQST) Sees Primary Role In 5G Installation

iQSTEL Inc. (OTC: IQST) has several U.S.-based subsidiaries, widespread telecommunications impact in Europe, Latin America and Mexico, a growing presence in SMS, expertise in 5G and an annual volume of $50+ million. It has an advantage in playing a role in the U.S. building of a  national 5G network.

An important player in the growth of 5G internationally is rapidly expanding iQSTEL Inc. (OTC: IQST). It is growing quickly by acquisition, organically and by geographic operating regions. It is in prime 5G network position because it has U.S.-based subsidiaries, an expanding geographic range (Europe, Latin America, Mexico, Asia and Africa plus U.S.) and a growing role in applying  blockchain sophistication and the $100 billion worldwide SMS market.

iQSTEL Inc. (OTC: IQST)  Acquires 51% Of U.S.-Mexico SMS Service Provider, Pushing Its Combined Revenues To Over $50 Million Annually

iQSTEL Inc. (OTC: IQST) announced last week its acquisition of 51% controlling interest in an Austin, Texas-based U.S.-Mexico SMS service provider. The transaction adds $29 million to the current annual revenues of iQSTEL, pushing it to over $50 million. It drives the iQSTEL Inc. (OTC: IQST) SMS business, under the QGlobal SMS brand, to generate 60% of the company’s annual sales in the $100 billion SMS market.

iQSTEL Inc. (OTC: IQST) is aggressively growing its network of telecommunications subsidiaries to make itself a one-stop-shop and offer a wide range of cloud-based enhanced services. iQSTEL Inc. (OTC: IQST) announced last week its acquisition of 51% controlling interest in an Austin, Texas-based U.S.-Mexico SMS service provider. The transaction adds $29 million to the current annual revenues of iQSTEL, pushing it to over $50 million. It drives the iQSTEL Inc. (OTC: IQST) SMS business, under the QGlobal SMS brand, to generate 60% of the company’s annual sales in the $100 billion SMS market.

Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST), said, “Our QGlobal SMS brand will surpass 700 million SMS transactions per year with this acquisition, expanding our operating regions to include: U.S.-Mexico, Latin America, EMEA (Europe, Middle East, Asia), and Africa.”

iQSTEL Inc. (OTC: IQST) A 21st Century Telecom Enhanced Service Provider: Now $50+ Million Annually

He added, “This acquisition is in line with our transformation of iQSTEL into a 21st Century Telecom Enhanced Service Provider. Our strategy at iQSTEL is to build a very strong portfolio of high tech solutions: Domestic and International Long Distance (VoIP), SMS service provider (A2P & P2P), 4G and 5G international fiber-optic connectivity, Internet of Things (IoT) Applications and Blockchain-based platform applications We are preparing iQSTEL for an expansive 2020 outlook and beyond.”

5G: Here Comes Quick-Growing iQSTEL, Inc. (OTC: IQST)

In addition to its 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 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. And last week it acquired 51% of  an Austin, Texas-based SMS U.S.-Mexico Service provider. That transaction raised iQSTEL’s annual volume by $29 million — now iQSTEL’s total annual sales surpass $50+ million a year.

Source: Stock Market Press

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