NEW YORK, NY -- October 21, 2020 -- InvestorsHub NewsWire
-- iQSTEL, Inc. (USOTC:
IQST) today confirmed engaging Goldman Small Cap Research to conduct ongoing
analyst coverage. Goldman is scheduled to publish an initial report
Tuesday next October 27, 2020.
IQST is telecom services operator that has recently expanded
into the Fintech sector to provide PayPal and Venmo
alternatives to the underserved rapidly growing global
migrant population which reached 272 million last year
Overall, IQST operates six subsidiaries delivering a range of
telecom services in Latin America, Africa and Asia.
The company reported $4.0 Million in 2016, $7.6
Million in 2017, $13.7 Million in 2018,
and $18.0 in 2019. Management confidently anticipates
reporting another year of dramatic revenue growth for 2020.
About iQSTEL Inc.:
iQSTEL Inc (OTC:
IQST) www.iQSTEL.com is a US-based publicly
listed company offering leading-edge 21st Century Enhanced
Telecommunications Services with a focus on a wide range of
cloud-based enhanced services to the Tier-1 and Tier-2 carriers,
corporate, enterprise, as well as the retail market. iQSTEL through
its subsidiaries Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT
Labs, IoT Smart Gas Platform, itsBchain offers a
"one-stop-shopping" for international and domestic VoIP services,
IP-PBX services, SMS exchange for A2P and P2P, OmniChannel
Marketing, Internet of Things (IoT) applications (IoT Smart Gas
Platform), 4G & 5G international infrastructure connectivity,
as well as blockchain-based platforms: Mobile Number Portability
Application (MNPA) and Settlement & Payments Marketplace for
VoIP, SMS and Data.
About Etelix.com USA, LLC:
Etelix.com USA LLC www.etelix.com is a wholly owned subsidiary of
iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based
international telecom carrier founded in 2008 that provides telecom
and technology solutions worldwide, with commercial presence
in North America, Latin America, and Europe. Enabled
by its 214-license granted by the Federal Communications Commission
(FCC), Etelix provides International Long-Distance voice services
for Telecommunications Operators (ILD Wholesale), and Submarine
Fiber Optic Network capacity for internet (4G and 5G). Etelix was
founded in 2008 and has been profitable since inception.
About SwissLink Carrier AG:
SwissLink Carrier AG www.swisslink-carrier.com is a 51% owned
subsidiary of iQSTEL Inc. SwissLink Carrier AG is
a Switzerland based international Telecommunications
Carrier founded in 2015 providing international VoIP connectivity
worldwide, with commercial presence in Europe, CIS
and Latin America. SwissLink Carrier AG is a Swiss licensed
Operator, having a domestic Interconnect with Swisscom, allowing
their international Carrier Customers direct terminations via
SwissLink into all Switzerland Fix & Mobile Networks. Since the
takeover from Swissphone in November 2018 and the rename
into SwissLink, they operate on a profitable level.
About QGlobal SMS LLC.:
QGlobal SMS LLC www.qglobalsms.com is a 51%
owned subsidiary of iQSTEL Inc. QGlobal SMS is
a USA based company and a commercial brand founded in
2020 specialized in international and domestic SMS termination,
with emphasis on the Applications to Person (A2P) and Person to
Person (P2P) for Wholesale Carrier Market and Corporate Market in
US. QGlobal SMS has commercial presence in
US, Mexico, Latin America, EMEA (Europe, Middle
East, Asia) and Africa, through our SMS service providers
based in Austin, TX and Miami, FL Our
Austin-based SMS service provider is specialized in the SMS traffic
exchange between US and Mexico, and our Miami-based SMS
service provider is focused in the development of Latin
America and the rest of the word. QGlobal SMS has robust
international interconnection with Tier1 SMS Aggregators,
guarantying its customers high quality and low termination rates,
over more than 100 countries worldwide.
About Alcyon Cloud SMS S.A.S (Commercial
Brand SMSDirectos.com):
Alcyon Cloud SMS S.A.S. (Commercial Brand SMSDirectos.com), is a whole subsidiary of QGlobal
SMS, a Colombian-based Application and Content Provider. Alcyon
Cloud SMS (SMSDirectos.com) is registered with the Secretary of
Information and Communication Technology (ICT) in Colombia,
offering services to government, enterprises, small and medium
business, as well as end-users. Using SMSDirectos' existing
network, they plan to expand services from SMS to offer omnichannel
products and services such as: SMS, Emails, RCS (Rich
Communications Services), Social Media Channels (Whats App,
Messenger, etc), WebRTC (Web Real-Time Communication), VoIP
(IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence Based),
SMS to Email, and Email to SMS.
About IoT Labs MX SAPI:
IoT Labs MX SAPI www.iotlabs.mx , a
subsidiary of iQSTEL Inc, is an Internet of Things (IoT) Mexican
technology development company, creator of the "IoT Smart Gas"
Platform and Application. The IoT Smart Gas platform www.iotsmartgas.com consists of an IoT field
device installed on the LP gas tank (adaptable to virtually any gas
or liquid storage tank) and, thanks to the Internet of Things (IoT)
technology via Sigfox or GSM network connectivity, allows remote
managed and improved logistic processes of refilling, usage
tracking and tank monitoring in real-time by the Smart Gas mobile
app. The new GSM tracking feature allows for mobile use including
ground, air, and sea tank monitoring.
About itsBchain LLC.:
itsBchain LLC www.itsBchain.com is a 75%
owned subsidiary of iQSTEL Inc. itsBchain is a blockchain
technology developer and solution provider, with a strong focus on
the telecom sector. The company is the final stage of development
of a series of blockchain solutions aimed at using the blockchain
ledger and smart contract solutions to enable more efficiency,
quickness in execution and fraud-prevention in the telco industry.
Specifically, the company is developing a solution that will enable
users and carriers to transfer mobile phone numbers with just a few
clicks, allowing users and carriers the ability to transfer retail
users from one mobile carrier to another instantly. Additionally,
the company is finalizing a carrier-grade marketplace solution to
procure payments between carriers for cross-traffic of VoIP, SMS
and data realtime as traffic is crossed between carriers. This
marketplace will allow for instant payment settlement as well as
the prevention of fraud between carriers.
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 iQSTEL Inc. undertakes no obligation to update any
forward-looking statement to reflect events or circumstances after
the date of this news release.
iQSTEL Inc.:
IR US Phone: +1-646-740-0907, IR Email: investors@iqstel.com
www.iqstel.com; www.etelix.com; www.swisslink-carrier.com; www.qglobalsms.com; www.smsdirectos.com; www.iotlabs.mx; www.iotsmartgas.com; www.itsBchain.com
Other companies recently covered by Goldman Small Cap Research:
PETV,
GWHP, and
PLIN
SOURCE iQSTEL, Inc.
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