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businessmagazine forinternationalenterprises

business trends

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business trends

Cutting-edge technologies for Telecom Industry

iQSTEL Inc. is a US-based publicly listed company, offering leading-edge 21st Century Enhanced Telecommunications Services, with a focus on a wide range of cloud-based enhanced services to the Tier-1 and Tier-2 carriers, corporate, enterprise, as well as the retail market. Together with Alternet Systems, Inc., an electric vehicle (EV) innovator, the company recently initiated the planning phase of their new joint design program to co-develop two-way device communication solutions specific to the EV operating environment. Mr. Leandro Jose Iglesias, iQSTEL’s President & CEO, elaborates on the company’s ambitious mission and vision.

month of October. October 2020 revenue

was 200% higher than the $1.7 million in

revenue reported last year, in October of

2019. The October 2020 revenue was also

13% higher than the $4.5 million in

revenue realized in September 2020.

Management also reported an

approximate 55% increase in gross

margins in the month of October

compared to the previous month of

September. With two months yet to go in

the year, the Company is only $7.2 million

away from meeting or exceeding its $42

million FY-2020 revenue projection.

The plan is to keep up this growth pace.

“In addition to pursuing the growth and

development of the business of our

subsidiaries, we plan to expand our

services to the retail market offering

international long-distance voice

communications to corporate, small

business and individuals (ILD retail),

supported in part by our current

infrastructure,” Mr. Iglesias reveals.

He adds: “We are also exploring

opportunities in new business areas

and markets. This will be done in

several stages. In stage one we will

focus on Short Message Service (SMS)

Things (IoT) technology connectivity via

Sigfox or GSM network, allows for

remote management and improved

logistic refilling processes, usage tracking

and tank monitoring in real-time by the

Smart Gas mobile app. The new GSM

tracking feature allows for mobile use

including ground, air, and sea tank

monitoring.

IoT Labs MX and Alternet’s electric

motorcycle design program

-orchestrated by MODUS- plan to work

jointly to develop two-way device

communication in the Revolt Electric

Motorcycles with, among others, the

following functions: Geolocation, Battery

Management, Theft and Accident

Interfacing with Emergency Services,

Remote Maintenance Management,

Vehicle Body and Component Leasing

Management, Driver and Passenger

Personal Mobile Device Interface and

Rideshare System Interface.

for Applications to Person (A2P) and

Person to Person (P2P), 5G

international fiber-optic infrastructure,

Internet of Things (IoT) solutions and

Blockchain-based platforms as

Settlement & Payment Marketplace

Platform and Mobile App Number

Portability. Subsequently, in stage two,

we will explore Fintech Services such as

VISA Debit Card, Money Remittance, as

well as more telecommunications

services as satellite communications,

mobile services as a Mobile Virtual

Network Operator (MVNO), and Data

Centers. In any case, we expect that

these new ventures will be developed

either through mergers or acquisitions,

or through strategic partnerships.”

One such partnership was formed in

November 2020, with Alternet Systems,

Inc. The two companies have signed a

letter of intent (LOI) for IQSTEL’s Internet

of Things (IoT) development team to

combine efforts with Alternet’s EV

engineering and design program to co-

develop two-way device communication

solutions specific to the EV operating

environment.

Alternet System’s first generation EV is an

electric motorcycle, designed for, among

other applications, utilization within the

rideshare (exemplified by Uber and Lyft

services) sector in Africa evolving the

prevailing robust motorcycle taxi (Boda)

market.

IQSTEL’s subsidiary IoT Labs MX

specializes in Internet of Things (IoT)

design and development to include

wireless and vehicle telematics space that

provide telematics solutions. IoT Lab MX

has developed the IoT Smart Gas

Platform, among others. The IoT Smart

Gas platform consists of an IoT field

device installed on any LP gas tank

(adaptable to virtually any gas or liquid

storage tank) which, with the Internet of

iQSTEL, Inc.

300 Aragon Avenue, Suite 375

Coral Gables FL 33134

USA

Website: www.iqstel.com

iQSTEL has grown aggressively over the

past two years and today has six

subsidiaries: Etelix, SwissLink, QGlobal

SMS, SMSDirectos, IoT Labs, and its

Bchain. They offer leading-edge

telecommunication and technology

services for global markets, with a

presence in 13 countries. The company

provides services to the

Telecommunications, Financial Services,

Liquid Fuel Distribution and Electric

Vehicle Industries through three Business

Divisions: Telecom, Technology and

Fintech.

Mr. Iglesias was the founder and

President of Etelix until 2018 when it was

acquired by iQSTEL. He has more than

two decades of experience in telecom

and previously served, among others, as

the International Business Manager at

CANTV/Movilnet (Venezuela’s biggest

telecommunications services provider).

He explains that iQSTEL holds an

extensive portfolio of products and

services for its clients: SMS, VoIP, 4G &

5G international infrastructure

connectivity, Cloud-PBX, OmniChannel

Marketing, IoT Smart Gas Platform, IoT

Smart Electric Vehicle Platform, Mobile

Number Portability Application MNPA

(Blockchain), Settlement & Payments

Marketplace (Blockchain), Visa Debit

Card, Money Remittance, and Pay Mobile

Phone Services among others.

The company is clearly doing well. In

November 2020, it announced it had

achieved yet another monthly revenue

record, reaching $5.1 million for the

According to Mr. Iglesias, this partnership

is very important for iQSTEL because it

allows the company an inroad into the

Electric Vehicle (EV) industry, with the

company’s IoT Smart EV, an IoT device.

“Alternet plans to be an important player

in Africa building its Revolt Motorcycle

and for iQSTEL to be part of that

evolution will be very exciting.”

Looking ahead, Mr. Iglesias concludes:

”We offer a one stop shopping of

products and services for many industries

and next to developing our IoTSmartEV.

com, we are also entering in the Fintech

Business where we plan to develop a Visa

Debit Prepaid Card, another exciting

venture!”

Leandro Jose Iglesias President & CEO

iQSTEL most relevant customers