#Tech #Stocks in the News: iQSTEL, Inc. (OTC: $IQST)
Secures Partnership Deal with China Mobile; @IQstel
NEW YORK, NY – May 20,2020 - (Investorideas.com
Newswire)- Breaking Tech /Telecom Stock News - iQSTEL Inc. (OTC: IQST) is pleased to announce QGlobal SMS has secured a partnership
deal with China Mobile (NYSE: CHL) to facilitate the business exchange between iQSTEL and China
Mobile.
Read this news
featuring IQST in full at https://www.investorideas.com/news/2020/technology/05201IQST-ChinaMobile-Partnership.asp
iQSTEL’s product portfolio continues to grow with VoIP, SMS, 5G,
blockchain-based platforms and Internet of Things (IoT). In addition, our carrier
network interconnect deals continue to expand globally and now are set to
include Asia through our new partnership with China Mobile.
China Mobile is the world largest mobile telecommunications
company by subscriber numbers at almost 1 Billion, covering China and Hong Kong
as well as Pakistan and some services targeted at Chinese citizens in the UK. A
natural progression for China Mobile’s expansion as the Latin American region
now houses over four million Asian Latin Americans.
Mr. Iglesias, the Company’s CEO, commented “Being selected to
partner with China Mobile as part of their Latin American market expansion
validates our business model and could only be achieved through the hard work
of corporate management and our team of dedicated employees, consultants and
partners. This is a great milestone for all of us at iQSTEL.”
“In addition, this new partnership opens the doors for iQSTEL to
explore offering our extensive product and service lines to their 1 Billion
subscribers, including our End User Mobile Number Portability blockchain-based
application, and our IoT applications. China is the leader in 5G deployment,
anticipating coverage to include over 300,000 cities by the end of the year. We
look forward to including some of their rapid deployment protocols throughout
our networks.” Mr. Iglesias continued.
About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) www.iQSTEL.com is a 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 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 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 Europe, USA
and Latin America. 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 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.
Source: iQSTEL
Inc. and its subsidiaries:
www.iqstel.com ; www.etelix.com ; www.swisslink-carrier.com ; www.qglobalsms.com ;
www.smsdirectos.com ;
www.iotlabs.mx ;
www.smartgas.lat ;
www.itsBchain.com
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