IQST news

IQSTEL aims to reach a 40 million mobile user audience with IDILIO TV by Q2 2027. The move leverages the company's existing global telecom infrastructure for new high-margin recurring revenue.

iQSTEL completed the formation of its new operating holding entity to enhance financial transparency. This move aims to secure better financing terms and support future mergers and acquisitions.

iQSTEL Inc signed a binding MOU to acquire a 51% stake in ULTRANET Telecom Group for $4.5 million in added net income and substantial revenue expansion. This strategic acquisition bolsters the company's profitability and accelerates its transition to a high-margin digital services platform.

IQSTEL's Board authorized a buyback of up to 1,000,000 shares funded by QXTEL subsidiary dividends, signaling management confidence in undervalued stock. The company expects a pending acquisition of 51% of Ultranet Telecom to quadruple net operating income and strengthen its global platform.