iQSTEL Inc (IQST)

[maronti1]

Etelix executed a network interconnection contract with Vodafone India. This contract gives Etelix access to the 212 million subscribers of Vodafone in India, which complement the contracts that Etelix already had to cover India with Airtel (386 Million subscribers), Reliance Communication (33 Million subscribers), and TATA Communications, allowing Etelix to position itself as one of the most important players in the Indian Subcontinent (India, Pakistan, Bangladesh, Nepal), having direct access to 650 million subscribers. The Vodafone India contract is of most strategic importance for Etelix, since Vodafone India is part of Vodafone Group, it is the second largest operator worldwide with most subscribers (470 Million Subscribers), only exceeded by China Mobile. The Vodafone group serves in 26 countries across 4 continents in Asia, Africa, Europe and Oceania. Etelix's contract with Vodafone India allows the reciprocal commercial exchange between Etelix and Vodafone India, for voice services as international long distance and international roaming calls, allowing both companies benefit from mutual
international connectivity, Etelix offering their access in America, and Vodafone India in Asia. This contract also serves as a preamble to new mutual business in the future, and is an important growing opportunity for Etelix.