For more information on IQST visit:
www.iQSTEL.com
NEW YORK, April 8, 2025 /PRNewswire/
IQSTEL Inc. (OTC QX: IQST) is a U.S.-based multinational technology company in the final stages of becoming listed on Nasdaq. IQSTEL's mission is to empower lives by delivering essential, technology-driven solutions that meet modern human needs.
IQSTEL believes that in today's interconnected world, basic human aspirations—such as security, connection, opportunity, and growth—depend on reliable access to communication, financial tools, sustainable mobility, and intelligent services. Through its growing portfolio in telecommunications, fintech, cybersecurity, and AI services, IQSTEL is building a platform that bridges the gap between innovation and inclusion, enabling people everywhere to thrive.
IQSTEL is strategically positioned to achieve $1 billion in revenue by 2027, driven by organic growth, targeted acquisitions, and the commercialization of innovative technology offerings.
iQSTEL Divisions and Offerings
Telecommunications Services Division (Communications):
Delivers robust solutions including VoIP, SMS, International Fiber-Optic Connectivity, and new telecommunications technologies.
Fintech Division (Financial Freedom):
Enables inclusive financial access with remittance services, mobile top-ups, a MasterCard debit card, U.S. bank accounts without SSN, and a secure mobile app designed for unbanked and underbanked populations.
Artificial Intelligence (AI) Services Division (Information and Content):
Provides next-generation AI engagement tools (airwe.ai), including a white-label 3D virtual assistant interface that supports customer service, entertainment, and transactional experiences across web and voice platforms.
Cybersecurity Services:
In partnership with Cycurion, iQSTEL now offers enterprise-grade cybersecurity, including 24/7 monitoring, threat detection, incident response, vulnerability assessments, and regulatory compliance solutions—supporting telecom and enterprise customers alike.
Strategic Developments
GlobeTopper MOU – Fintech Expansion:
In March 2025, IQSTEL signed a Memorandum of Understanding (MOU) to acquire a 51% stake in GlobeTopper, a profitable fintech company specializing in enhanced B2B top-up services. The acquisition is expected to push IQSTEL toward a $400 million revenue run rate and expand its fintech-driven profitability, accelerating the company's transition to a high-margin 80/20 Telecom-Fintech revenue mix.
ItsBchain MOU – Value Creation for Shareholders:
IQSTEL also signed an MOU to sell its blockchain-focused subsidiary ItsBchain to Accredited Solutions, Inc. (ASII). As part of this transaction, $500,000 worth of ASII shares will be distributed directly to IQSTEL shareholders, reinforcing the company's commitment to delivering tangible value and strategic returns to its investor base.
March 31 Shareholders Letter – Strong Financial Results & Shareholder Value Growth:
On March 31, IQSTEL published its 2024 Shareholders Letter, highlighting a year of exceptional financial performance and strategic progress. The company reported $283.2 million in revenue, reflecting a 95.9% year-over-year increase, and a revenue per share of $1.40, marking a 66.7% improvement from the prior year. Total assets surged to $79 million, a 257% increase, and stockholders' equity rose to $11.9 million, up 48% year-over-year. Most notably, stockholders' equity per share increased by 25.4%, reflecting IQSTEL's strong commitment to building long-term shareholder value. These milestones reinforce the company's scalable growth model and clear trajectory toward becoming a profitable, $1 billion revenue company by 2027.
For additional details about the ongoing initiatives and updates from IQSTEL, please read the full transcript of the corporate interview.
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About IQSTEL Inc.
IQSTEL Inc. (OTCQX: IQST) is a multinational technology company offering cutting-edge solutions in Telecom, Fintech, Blockchain, Artificial Intelligence (AI), and Cybersecurity. Operating in 21 countries, iQSTEL delivers high-value, high-margin services to its extensive global customer base. iQSTEL projects $340 million in revenue for FY-2025, building on its strong business platform.
For more information, please visit www.iQSTEL.com.