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IQST - iQSTEL Announces New Consolidated Telecommunications Brand Launch Coming SoonNEW YORK, March 1, 2021 /PRNewswire/ -- iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced the company is consolidating its telecommunications subsidiaries and plans to soon introduce a comprehensive line of telecommunication services under one single unified telecommunications Brand. IQST more than doubled its revenue in 2020. The company anticipates reporting over $44 million in revenue in its upcoming 2020 annual report. IQST revenue in 2019 was $18 million. Management attributes the growth to both organic sales growth and acquisitions. Now, IQST will consolidate its Etelix, SwissLink, QGLOBAL, SMSDirectos under one single brand. In addition to the marketing benefits of a single unified brand, IQST's telecommunication subsidiaries will gain the efficiencies and cost reductions provided from sharing resources under a consolidated operation. Management anticipates improved operating margins. IQST plans to announce the new Brand Name and further consolidation details before the end of the month. About iQSTEL Inc.: 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. View original content:http://www.prnewswire.com/news-releases/iqst--iqstel-announces-new-consolidated-telecommunications-brand-launch-coming-soon-301237470.html SOURCE iQSTEL, Inc. |