iQSTEL Plans Initial Focus On Latin America As It Completes SMS Carrier Interconnect Agreement With Telefonica (Moviestar), A $50+ Billion NYSE Traded Corporation
Jul 14, 2020 (Stock Market Press via COMTEX) —
iQSTEL Inc. (OTC: IQST) will focus initially on Latin America as it announces today (July 14, 2020) it has completed and signed an SMS carrier interconnect agreement with Telefonica (Moviestar) (NYSE: TEF). It also plans future expansion to the 18+ countries serviced by Moviestar, according to Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST), said. Telefonica (NYSE: TEF), a $50+ billion company with over $114 Billion in assets, is one of the largest telephone operators and mobile network providers in the world. Operating in Europe and the Americas, it provides fixed and mobile telephony, broadband and subscription television.
Media companies such as Stock Market Press are reporting on the fast growing 5G 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), Telefonica 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), DISH Network Corporation (NASDAQ: DISH), Nokia Corporation (NYSE: NOK), Liberty Global (NASDAQ: LBTYA) and Vodafone Group PLC (NASDAQ: VOD).
iQSTEL Plans Initial Focus On Latin America As It Completes SMS Carrier Interconnect Agreement With Telefonica (Moviestar) (NYSE: TEF), a $50+ Billion Company
Mr. Iglesias, CEO of iQSTEL Inc. (OTC: IQST), said, “Our initial focus will be the Latin America market, with future expansion to the 18+ countries serviced by Movistar. This direct interconnect will allow us to gain a significant competitive advantage versus our competitors. With over 10 years doing VoIP business with Telefonica, it was a natural progression to add our Global SMS portfolio of products to the mix.” iQSTEL Plans Initial Focus On Latin America As It Completes SMS Carrier Interconnect Agreement With Telefonica (Moviestar) (NYSE: TEF), a $50+ Billion Company.
He added, “This agreement completes another major milestone for the IQSTEL team in 2020, and shows our strong relationship with Telefonica. This will be our launch pad for our pre-revenue initiatives with www.IoTSmartGas.com and our Blockchain Platforms with www.itsBchain.com.” iQSTEL Plans Initial Focus On Latin America As It Completes SMS Carrier Interconnect Agreement With Telefonica (Moviestar) (NYSE: TEF), a $50+ Billion Company.
iQSTEL (OTC: iQST) is a 21st Century enhanced telecommunications service provider. It is a U.S.-based publicly listed company with a focus on a wide range of cloud-based enhanced carrier to the Tier-1 and Tier-2 carriers, corporate, enterprise as well as the retail market. It has a growing number of subsidiaries. That enables the company to offer one-stop-shopping suite of services including international and domestic VoIP services, IP-PBX services, SMS exchange for A2P and P2P, OmniChannelMarketing, Internet of Things (IoT) applications (IoT Smart Gas Platform, 4G and 5G international infrastructure connectivity, and blockchain-based platforms. Mobile Number Portability Application (MNPA) and Settlement & Payments Marketplace for VoIP, SMS and Data.
Subsidiaries include a 75% stake in blockchain based 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. Most recently, it has acquired IoT Labs Mexico and its star product, the IoT Smart Gas Platform. iQSTEL Plans Initial Focus On Latin America As It Completes SMS Carrier Interconnect Agreement With Telefonica (Moviestar) (NYSE: TEF), a $50+ Billion Company.
Dynamic Sales Gains Of 70%+ For YTD 2020 Through May
iQSTEL Inc. (OTC: iQST) reports dynamic sales gains of 70%+ for the year-to-date through May 2020 vs. the same period in 2019. Organic and acquisition growth helped drive the jump in sales, but blockchain innovation is playing a major role in the company’s future ability to bring 21st Century enhanced communications into the telecommunications industry — next generation blockchain and artificial intelligence (AI) plus Internet of Things (IoT) services.
iQSTEL Inc. (OTC: iQST) Reported 93% and 190% Sales Gains In April And May 2020 vs. 2019
iQSTEL Inc. (OTC: iQST) reported sharp gains in April and May 2020. Respectively, the Company reported 93% and 190% sales gains in these two months Vs. the same months in 2019. In fact, the Company is on a track to reach $40+ million in volume this year. YTD through May 2020 sales jumped to $11.9 million vs. $6.9 million for the comparable period in 2019.
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.
Stock Market Press
110 Wall St.
New York, NY 10005 email@example.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: http://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press
********************************************************************** As of Friday, 07-10-2020 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-17-2012 for CHL @ $53.01. As of Friday, 0