iQSTEL Inc. (OTCQX: IQST): Advancing Global Access to Essential Technologies

2/6/20254 min read

iQSTEL Inc. (OTCQX: IQST) is committed to fulfilling fundamental human needs in today’s modern world by providing essential technological tools accessible to all, regardless of race, ethnicity, religion, socioeconomic status, or identity. Recognizing that the pursuit of human needs—physiological, safety, relationships, esteem, and self-actualization—is increasingly dependent on access to ubiquitous communications, financial freedom, mobility, and digital content, iQSTEL has structured its operations across four key business divisions:

  1. Enhanced Telecommunications – Delivering comprehensive communication solutions.

  2. Fintech – Facilitating financial freedom through innovative banking solutions.

  3. Electric Vehicles – Advancing clean and affordable mobility solutions.

  4. Artificial Intelligence (AI) and Metaverse – Providing access to digital information and immersive content.

The company continues to expand its portfolio through organic growth and strategic mergers and acquisitions (M&A), positioning itself as a leader in the technology sector.

Strategic Acquisitions and Partnerships

iQSTEL has demonstrated remarkable expansion through key acquisitions and strategic alliances, further strengthening its global presence and service offerings.

  • May 10, 2024: The company signed an agreement to acquire a 51% membership interest in Lynk Telecom (Lynktel.net), an acquisition projected to generate $20 million in annual revenue and $1 million in net income. Lynk Telecom’s comprehensive wholesale and retail telecom services, along with its strong U.S. market presence, provide a robust foundation for growth.

  • October 8, 2024: iQSTEL entered a strategic partnership with ONAR, a leading marketing agency network, to enhance brand visibility and accelerate growth across its telecommunications, fintech, electric vehicle, and AI service divisions.

  • October 10, 2024: The company forged an exclusive partnership with Cycurion, Inc. to deliver high-end cybersecurity solutions to the U.S. telecommunications industry and expand internationally, leveraging its presence across 17 time zones and seven offices worldwide.

  • October 28, 2024: Reality Border, iQSTEL’s AI-services subsidiary, launched AIRWEB (www.airweb.ai), an advanced AI-powered assistant designed for seamless, 24/7 customer engagement across web and phone platforms. Supporting 57 languages, AIRWEB enhances customer interaction while reducing operational costs.

  • November 4, 2024: iQSTEL signed a transformative Memorandum of Understanding (MOU) to acquire the remaining 49% of SwissLink Carrier AG. This acquisition strengthens the company’s international telecom assets and is expected to deliver operational efficiencies, saving up to $2 million annually.

Exceptional Financial Growth

iQSTEL’s financial performance in 2024 reflects its aggressive growth trajectory and commitment to innovation.

  • January 6, 2025: The company announced that its 2024 net revenue reached $277 million, representing 95% of its annual revenue forecast. This achievement underscores iQSTEL’s substantial progress towards its long-term goal of reaching $1 billion in revenue by 2027.

  • The fourth-quarter revenue surged to $96 million, marking a 77% increase from the third quarter’s $52 million, the highest quarterly revenue in company history.

  • CEO Leandro Iglesias expressed confidence in the company’s strategy, highlighting its ability to execute and scale rapidly. He also emphasized iQSTEL’s continued efforts towards Nasdaq up-listing, positioning the company for future expansion and investor growth.

Future Outlook

iQSTEL remains steadfast in its vision to become a global technology powerhouse by leveraging strategic partnerships, acquisitions, and cutting-edge innovations. With a proven track record of financial growth and industry leadership, the company is well-positioned to achieve its ambitious revenue target and solidify its presence across key technological sectors.

As iQSTEL continues to scale, it reaffirms its mission of making essential modern tools universally accessible, ensuring that connectivity, financial services, mobility, and digital engagement are within reach for all.

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