IQST - iQSTEL Schedules Management Update To Follow Pending Annual Report
April 13 2021 - 2:12PM
InvestorsHub NewsWire
New York, NY -- April 13, 2021 --
InvestorsHub NewsWire -- iQSTEL, Inc. (USOTC:
IQST) today announced a management update to be released this
Friday, April 16th, 2021 following the pending
publication of the company’s FY2020 Annual
Report.
iQSTEL, is an innovative, high growth
US-based company offering leading-edge Telecommunication,
Technology, Fintech Services and Blockchain for Global Markets,
with presence in 15 countries. Building on a history of
providing wholesale, enhanced Telecommunication Services to Tier 1
and Tier 2, Name Brand Telecom Service Providers, iQSTEL has now
expanded its technology expertise to also deliver High-Tech
Solutions to the Electric Vehicle (EV), Liquid Fuel
Distribution, Chemical and Financial Services Industries. Today,
iQSTEL has 4 Business Divisions: Telecom, Technology, Fintech and
Blockchain.
iQSTEL revenue more than doubled from 2019
to 2020. The company reported revenue of $18 million in
FY2019 and anticipates soon reporting well over $44 million in
revenue for FY2020 in the upcoming publication of the company’s
audited annual financial report.
iQSTEL has forecasted revenue of $60.5
million for FY2021.
The update on Friday will provide a
narrative summary highlighting the company’s FY2020 performance in
addition to sharing new details on the company’s FY2021 growth
plans.
About iQSTEL
Inc.:
iQSTEL Inc (OTC:
IQST) (www.iQSTEL.com) is a US-based publicly-listed company
offering leading-edge Telecommunication, Technology and Fintech
Services for Global Markets, with presence in 13 countries.
The company provides services to the
Telecommunications, Electric Vehicle (EV), Liquid Fuel
Distribution, Chemical and Financial Services Industries. iQSTEL
has 4 Business Divisions: Telecom, Technology, Fintech and
Blockchain, with worldwide B2B and B2C customer relations operating
through its subsidiaries: Etelix, SwissLink, QGlobal SMS,
SMSDirectos, IoT Labs, Global Money One and itsBchain. The Company
has an extensive portfolio of products and services for its
clients: SMS, VoIP, 4G & 5G international infrastructure
connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric
Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas
Platform, IoT Smart Tank Platform, Visa Debit Card, Money
Remittance, Mobile Number Portability Application MNPA (Blockchain
Platform) and Settlement & Payments Marketplace (Blockchain
Platform).
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
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