NEW YORK, NY -- May 19, 2020 -- InvestorsHub NewsWire -- iQSTEL
Inc. (IQST)
is pleased to announce QGlobal SMS has secured a partnership deal
with China Mobile (a NYSE traded company) to facilitate the
business exchange between iQSTEL and China Mobile.
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’s 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 (IQST) www.iQSTEL.com 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.
IR US Phone:
646-740-0907, IR Email: investors@iqstel.com
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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