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The company’s revenues rose by 37% in Q1 2022, but the gross profit shrank and the business is still unprofitable. iQSTEL still hasn’t managed to pivot to financial services. The company expects to finish 2022 with revenues of over $90 million, but an uplisting to NA...
iQSTEL (OTCQB:IQST) said Wednesday it inked an exclusive non-binding letter of intent to conduct due diligence on 2.3K miles of fiber-optic network in the U.S. for a potential acquisition. IQST has been in talks with the target acquisition over the past 2 years and announced the potential dea...
New York, NY, June 01, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced entering into an exclusive, non-binding letter-of-intent (LOI) whereby, for the purposes of an intended acquisition, the company will conduct due diligence on 2,300 miles of fiber-optic network locate...
iQSTEL (OTCQB:IQST) has reported $7.4M revenue for Apr. 2022, up 40% Y/Y and 14% over the average monthly revenue reported in Q1 2022. The technology company told April revenue does not yet reflect any contribution from the recently acquired Smartbiz and Whisl operations. For further detail...
New York, NY, May 23, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced the company realized $7.4 million in revenue for the month of April 2022 based on preliminary accounting. The revenue in April 2022 increased 40% over the revenue reported in April 2021 and increased 1...
New York, NY , May 16, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced filing its Q1 financial report. The company realized a 37% increase in revenue to $19.42 million in Q1 compared to the same period in 2021. The company is approaching breakeven posting a substan...
New York, NY, May 11, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today published a shareholder update from CEO Leandro Iglesias. The update highlights the company’s cash reserve that is insulating it from the prevailing bear market providing iQSTEL with the necessary resourc...
Marking its sixth telecom acquisition, iQSTEL (OTCQB:IQST) acquired 51% control of Whisl Telecom, U.S.-based telecom operator which provides Voice/SMS services to U.S. corporate customers and operators, for $1.25M in cash and $550K in IQST restricted shares. The...
New York, NY, May 09, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today announced the acquisition of Whisl Telecom ( www.whisl.com ), a U.S. based telecommunications operator located in Houston, Texas. Whisl provides Voice/SMS services to U.S. corporate customers and o...
New York, NY, April 22, 2022 (GLOBE NEWSWIRE) -- iQSTEL, Inc. (OTCQX: IQST) today published a shareholder update addressing the latest developments on the company’s progress toward its net income positive $90 million 2022 revenue forecast and Nasdaq up-listing. The CEO’s...
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IQST - iQSTEL $30M Raise and Expansion to $500M in Sales Coincides with Market Rally PR Newswire NEW YORK , July 17, 2024 /PRNewswire/ -- iQSTEL Inc. (OTC-QX: IQST) ( www.iQSTEL.com ), a US-based, multinational, fully reporting and audited publicly listed tel...
IQST - iQSTEL Publishes Plan to Reach $500M in Sales and Uplist to Nasdaq PR Newswire NEW YORK , July 15, 2024 /PRNewswire/ -- iQSTEL Inc. (OTC-QX: IQST) ( www.iQSTEL.com ), today announced publishing a comprehensive business plan detailing the company's...
IQST - iQSTEL Reveals Next Stage Plans for Accelerated Revenue Growth and Profit Expansion Beyond $290 Million 2024 Annual Revenue Forecast PR Newswire NEW YORK , June 20, 2024 /PRNewswire/ -- iQSTEL Inc. (OTC-QX: IQST) ( www.iQSTEL.com ) a US-based, multinat...