Built Over Nearly Two Decades, IQSTEL's Global Platform Is Now Positioned to Drive Its Next Phase of Growth Through High-Margin Digital Services
-- Reported $207 million in revenue during the first half of 2026, representing an annualized revenue run rate exceeding $400 million prior to the expected closing of the Ultranet acquisition
-- Ultranet expected to contribute approximately $130 million in annual revenue and approximately $4.5 million in annual net income, expanding IQSTEL's operations to approximately 30 countries
-- Combined platform expected to exceed a $500 million annualized revenue run rate while accelerating the Company's path toward an Adjusted EBITDA run rate of $13-$15 million
NEW YORK, Aug. 6, 2026 /PRNewswire/ -- IQSTEL Inc. $(IQST)$, a rapidly growing multinational technology company, today outlined how nearly two decades of disciplined execution have positioned the Company to enter its next phase of accelerated growth by leveraging its global telecommunications platform to commercialize proprietary Digital Services designed to increase revenue, expand Adjusted EBITDA, and enhance long-term profitability.
For nearly twenty years, IQSTEL has focused on building a scalable telecommunications platform through proprietary technology development, strategic acquisitions, disciplined execution, and trusted commercial relationships with telecommunications operators around the world. Management believes that platform has now reached the scale where it can be leveraged to distribute high-margin Digital Services across its existing global customer base.
As of the Company's most recent reported results, IQSTEL generated $207 million in revenue during the first half of 2026, placing the Company on an annualized revenue run rate exceeding $400 million, even before the expected closing of the Ultranet Telecom acquisition.
The expected acquisition of Ultranet, anticipated to close this quarter, represents another transformational milestone in IQSTEL's evolution. Upon completion, Ultranet is expected to contribute approximately $130 million in annual revenue and approximately $4.5 million in annual net income, increasing IQSTEL's annualized revenue run rate to more than $500 million while expanding the Company's operational footprint from approximately 24 countries to approximately 30 countries.
Management believes the combination of IQSTEL's global commercial platform and Ultranet's strategic assets creates a unique opportunity to accelerate revenue growth, improve profitability, and significantly expand Adjusted EBITDA over the coming years.
A Platform Built to Be Leveraged
Over the last several years, IQSTEL has consistently executed a disciplined strategy of growing revenue while improving operational efficiency and financial performance.
Today, the Company operates across approximately 24 countries, employs more than 100 professionals, manages more than $48 million in assets, and maintains commercial relationships with more than 600 telecommunications operators worldwide, representing a potential reach of approximately 2.3 billion end users.
Management believes these relationships represent one of IQSTEL's greatest strategic assets.
Unlike many technology companies that must first build distribution after developing their products, IQSTEL has already established a mature global commercial platform capable of introducing new technologies directly into existing carrier relationships.
Management believes replicating this platform would require many years of technical integrations, regulatory compliance, operational execution, and customer trust developed over nearly two decades, creating meaningful barriers to entry.
The Ultranet Acquisition Expands Scale and Creates New Growth Opportunities
Expected to close this quarter, the acquisition of Ultranet Telecom significantly strengthens IQSTEL's global platform.
Ultranet is expected to contribute:
-- Approximately $130 million in annual revenue
-- Approximately $4.5 million in annual net income
-- Operations across Ghana, Nigeria, Ivory Coast, Senegal, Burkina Faso, and
Mali
-- Long-standing commercial relationships with leading telecommunications
operators throughout Africa
-- Exclusive strategic messaging infrastructure with major African mobile
operators
Africa represents one of the world's fastest-growing telecommunications markets.
Management believes Ultranet provides IQSTEL with an established operating platform and strategic customer relationships that will accelerate the commercialization of the Company's Digital Services portfolio throughout the region while further strengthening its global presence.
Following the acquisition, IQSTEL expects to operate at an annualized revenue run rate exceeding $500 million, creating an even larger commercial platform from which to distribute its proprietary technologies.
Digital Services: The Next Phase of IQSTEL's Growth
While IQSTEL's telecommunications business has successfully created scale and established global customer relationships, management believes the Company's Digital Services portfolio represents its next major growth opportunity and the principal driver of its next phase of EBITDA expansion.
Unlike traditional wholesale telecommunications services, many Digital Services are expected to generate substantially higher gross margins while creating scalable, recurring revenue streams.
IQSTEL's Digital Services portfolio includes:
-- Proprietary Artificial Intelligence platforms -- AI Voice Agents and Intelligent Communications -- Enterprise AI Automation -- AI-powered telecommunications applications -- Cybersecurity solutions developed with Cycurion -- Fintech solutions through GlobeTopper -- Digital Health technologies -- Content Services
Each solution has been designed specifically for telecommunications operators and enterprise customers, enabling rapid deployment while minimizing implementation complexity.
Rather than adapting third-party software, IQSTEL has developed many of these technologies internally based on nearly two decades of telecommunications expertise and direct industry experience. Management believes this purpose-built approach provides the Company with a significant competitive advantage.
Management expects the Digital Services division to become the Company's primary engine of profitability beginning in 2027. Following the anticipated achievement of an Adjusted EBITDA run rate of approximately $13 million to $15 million, management expects the commercialization of its higher-margin Digital Services portfolio to drive the Company's next stage of financial growth, with the objective of increasing its Adjusted EBITDA run rate toward $25 million.
By leveraging IQSTEL's existing global commercial platform--including relationships with more than 600 telecommunications operators and a potential reach of approximately 2.3 billion end users--the Company believes it is uniquely positioned to scale these higher-margin solutions without the need to build a new global distribution network, creating significant operating leverage and accelerating long-term profitability.
The Roadmap to the Next Phase of Growth
Management believes IQSTEL has established a clear roadmap for its next phase of earnings and shareholder value creation.
The expected closing of the Ultranet acquisition this quarter is anticipated to increase the Company's Adjusted EBITDA run rate to more than $8 million, marking an important milestone in IQSTEL's evolution and demonstrating the earnings potential of the Company's expanded telecommunications platform.
Building on that foundation, management's next objective is to optimize the combined business through the successful integration of Ultranet, continued organic growth, operating efficiencies, and a strategic acquisition, with the goal of increasing the Company's Adjusted EBITDA run rate to approximately $13 million to $15 million.
Management believes achieving this objective will establish a stronger financial platform entering 2027.
From that point forward, IQSTEL expects its Digital Services division to become the Company's primary engine of EBITDA expansion. By leveraging its existing global commercial platform to commercialize higher-margin solutions--including Artificial Intelligence, Intelligent Communications, Cybersecurity, Fintech, Digital Health, Enterprise Automation, and Content Services--management expects to begin the next phase of its EBITDA growth strategy in 2027, with the long-term objective of progressively increasing the Company's Adjusted EBITDA run rate toward $25 million.
Management believes this roadmap reflects a natural evolution from building infrastructure to monetizing that infrastructure through proprietary technology and scalable digital solutions.
A Competitive Advantage Built on Technology and Distribution
Management believes IQSTEL possesses a competitive advantage that few companies in the telecommunications or technology sectors can replicate.
Over nearly two decades, the Company has built a global commercial distribution platform through trusted relationships with more than 600 telecommunications operators, expected to span approximately 30 countries following the anticipated closing of the Ultranet acquisition. Through these relationships, management believes IQSTEL has the potential to reach approximately 2.3 billion end users worldwide.
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