VZ - 5G Sales Jump As Markets Anticipate Global Infrastructure Installations New Technology Maintenance
The 5G industry is seeing a jump in sales as countries and markets anticipate global 5G infrastructure installations and maintenance of the newest fifth generation technology. For example, iQSTEL, Inc. (OTC: IQST), including its subsidiaries, has 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. For subsidiary Etelix, January 2020 sales were $1,459,358, its highest January ever since its inception in 2007. Etelix performance showed a YOY 4% organic growth gain in January 2020, the company said.
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). Also covered are trends by semiconductor manufacturers Qualcomm (NASDAQ: QCOM), Qorvo (NASDAQ: QRVO) and Skyworks Solutions (NASDAQ: SWKS), among others.
5G Sales Jump As Markets Anticipate Global Infrastructure Installations, New Technology Maintenance
iQSTEL, Inc. (OTC: IQST) has signed a $25 million agreement with a New York-based investment banking firm to assist in sourcing capital for 5G infrastructure acquisitions and investments. iQSTEL, Inc.’s (OTC: IQST) Leandro Iglesias, CEO, said of the agreement, “We are pleased to establish this relationship with such a prestigious firm, which validates our business plan. We expect the assistance of this well-established investment banker which will accelerate our growth. We have launched an aggressive acquisition program, beginning due diligence on several acquisition targets.” iQSTEL, Inc. (OTC: IQST) offers a wide array of services to the telecommunications industry such as Internet of Things (IoT) technology solutions and Submarine Fiber Optic Network capacity for 5G.
The $25 million agreement names the investment banking firm as placement agent and financial advisor for up to $25 million for 5G infrastructure acquisitions and investments. iQSTEL, Inc. (OTC: IQST) said the investment banking firm has almost 150 retail brokers in 10 offices across the East Coast. 5G sales jump as markets anticipate global infrastructure installations, new technology maintenance.
iQSTEL, Inc. (OTC: IQST) Launches An Aggressive Acquisition Program
iQSTEL, Inc. (OTC: IQST) signs $25 million investment banking agreement to assist in sourcing capital for 5G investments. The agreement will enable iQSTEL, Inc. (OTC: IQST) to continue its aggressive expansion program by acquisition and investment in 5G infrastructure and solution firms. It is already a leader in offering to the telecommunications industry Submarine Fiber Optic Network capacity, Satellite Communications services, Internet of Things (IoT) technology, Blockchain solutions, Mobile Virtual Network Operator (MVNO) services, and more.
As iQSTEL, Inc. (OTC: IQST) and other 5G telecommunications make news, media is keen to report more. To that end, Mr. Iglesias has been invited for an interview March 25 at NASDAQ Marketsite in Times Square, New York, to discuss the company’s performance and its future plans. 5G sales jump as markets anticipate global infrastructure installations, new technology maintenance.
iQSTEL Inc. (OTC: IQST) Will Play An Important Role In 5G
5G will play a global impact role in the future of telecommunications, affecting everything from quicker internet, faster SmartPhones and business digital speed. iQSTEL Inc. (OTC: IQST) will play an important role in the 5G telecommunications industry. Allied Marketing Research estimates that the 5G market will be greater than $5.5 billion in 2020 with a CAGR growth rate of 122% from 2021-2026. iQSTEL Inc. (OTC: IQST) is well positioned throughout Latin America and Europe to take full advantage of this fast-growing industry.
iQSTEL Inc. (OTC: IQST) already has several high technology subsidiaries and it continues to grow in size and telecom services. Last week, 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 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.
Through this growing number of subsidiaries, iQSTEL Inc. (OTC: IQST) will impact how 5G will play a growing role in the installation and maintenance of the 5G telecommunications landscape. Specialty high technology firms will play an important role in the future of telecommunications.
Source: Stock Market Press
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