Thank you for your continued support.
Sincerely,
Leandro Jose Iglesias
President & CEO, iQSTEL
About iQSTEL (Updated Oct. 2024):
iQSTEL Inc. (OTC-QX: IQST) (www.iQSTEL.com) is a US-based multinational publicly listed company in the final stages of the path to becoming listed on NASDAQ. With FY2023 revenues of $144 million and a forecasted $290 million in revenue, alongside positive operating income of seven digits for FY-2024, iQSTEL is positioning itself for explosive growth. iQSTEL's mission is to serve basic human needs in today's modern world by making essential tools accessible, regardless of race, ethnicity, religion, socioeconomic status, or identity. The company recognizes that modern human needs such as physiological, safety, relationship, esteem, and self-actualization are marginalized without access to ubiquitous communications, financial freedom, clean, affordable mobility, and information.
iQSTEL has been building a strong business platform with its customers, and by leveraging this trust, the company is now beginning to sell high-tech, high-margin products across its divisions. iQSTEL is strategically positioned to achieve $1 billion in revenue by 2027 through organic growth, acquisitions, and high-margin product expansion.
-- Telecommunications Services Division (Communications):Includes VoIP, SMS,
International Fiber-Optic, Proprietary Internet of Things (IoT), and a
Proprietary Mobile Portability Blockchain Platform.
-- Fintech Division (Financial Freedom):Provides remittance services, top-up
services, a MasterCard Debit Card, US bank accounts (no SSN required),
and a Mobile App.
-- Electric Vehicles (EV) Division (Mobility):Offers Electric Motorcycles
and plans to launch a Mid-Speed Car.
-- Artificial Intelligence (AI) Services Division (Information and
Content):Provides AI solutions for unified customer engagement across web
and phone channels, along with a white-label platform offering seamless
access to services, entertainment, and support in a virtual 3D interface.
-- Cybersecurity Services:Through a new partnership with Cycurion, iQSTEL
will offer advanced cybersecurity solutions, including 24/7 monitoring,
threat detection, incident response, vulnerability assessments, and
compliance management, providing essential protection to
telecommunications clients and beyond.
iQSTEL has completed 11 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions, further expanding its suite of products and services both organically and through mergers and acquisitions.
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 information 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 partly 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. This press release does not constitute a public offer of any securities for sale. Any securities offered privately will not be or have not been registered under the Act and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Company Website
www.iqstel.com
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SOURCE iQSTEL
/CONTACT: iQSTEL Inc., IR US Phone: 646-740-0907, IR Email: investors@iqstel.com; Contact Details: iQSTEL Inc., +1 646-740-0907, investors@iqstel.com
(END) Dow Jones Newswires
November 14, 2024 08:30 ET (13:30 GMT)
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