iQSTEL, Through Its Subsidiary QGlobal SMS, Enters Into a Preliminary Acquisition Agreement for SMSDirectos
April 28 2020 - 7:22AM
InvestorsHub NewsWire
iQSTEL, Through Its Subsidiary QGlobal SMS, Enters Into a
Preliminary Acquisition Agreement for SMSDirectos, a Revenue
Producing Company Serving the Retail and Commercial Markets in
Colombia
NEW YORK, NY -- April 28, 2020 -- InvestorsHub NewsWire -- iQSTEL
Inc.’s (IQST)
subsidiary QGlobal SMS, a Miami-based company, enters into a
preliminary acquisition agreement for 100% of the capital stock of
Alcyon Cloud SMS S.A.S. (Commercial Brand SMSDirectos.com), a
Colombian-based Application and Content Provider.
SMSDirectos is registered with the Secretary of Information and
Communication Technology (ICT) in Colombia, offering services to
government, enterprises, small and medium business, as well as
end-users.
Using SMSDirectos’ existing network, we plan to expand services
from SMS to offer omnichannel products and services such as: SMS,
Emails, RCS (Rich Communications Services), Social Media Channels
(Whats App, Messenger, etc), WebRTC (Web Real-Time Communication),
VoIP (IP-PBX, SIP Trunking) ChatBots (Artificial Intelligence
Based), SMS to Email, and Email to SMS.
The Colombian mobile phone market surpassed 65 million
subscribers in 2019, according to Statista Research reports.
Servicing as the gateway to the Latin American mobile phone market
of over 500 million users, the SMSDirectos acquisition
strategically positions QGlobal SMS for extensive long-term growth
in the region.
Mr. Iglesias, iQSTEL’s CEO, said, “This acquisition will mark
QGlobal SMS’ first foray into Latin American end-user markets.
Colombia is just the start of QGlobal SMS’ business growth. We have
already begun working on SMSDirectos’ retail business expansion,
aiming for 35% of EBITDA. The implementation of omnichannel
products will expand SMSDirectos’ revenues, with a 1st year target
of $300k.”
“We are expanding QGlobal SMS’ product lines to include high
earning Telecom Enhanced Products, enabling faster market
penetration across the Latin American markets,” concluded Mr.
Iglesias.
About iQSTEL Inc.:
iQSTEL Inc. (IQST) www.iQSTEL.com
is a Publicly Listed Company in US. iQSTEL is a leading-edge
21st Century Enhanced Telecommunications Service
Provider offering a wide range of cloud-based enhanced
services to the Tier-1 and Tier-2 carriers, enterprise market,
as well as the retail market. iQSTEL through its
subsidiaries (www.etelix.com ; www.SwissLink-Carrier.com ; www.QglobalSMS.com ; www.itsBchain.com)
offers a “one-stop-shop” for international and domestic VoIP
services, SMS exchange for A2P and P2P, Internet of Things (IoT)
applications, 4G & 5G international infrastructure
connectivity, as well as blockchain-based payment and phone number
mobility platforms to international and domestic Tier-1 carrier 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.
iQSTEL
Inc.
IR US Phone:
646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL
Inc.
www.iqstel.com ; www.swisslink-carrier.com ; www.etelix.com ; www.qglobalsms.com ; www.itsBchain.com
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