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Thursday, October 29, 2020 9:15:25 AM
NEW YORK, Oct. 29, 2020 /PRNewswire/ -- iQSTEL, Inc. (USOTC: IQST) an international telecommunication and fintech service provider, today announced the company will report $13.2 million in revenue in its upcoming Q3 financial report, a 17.8% increase over the $11.2 million in revenue reported in Q2. The company set a revenue record for the month of September reaching $4.5 million. The company will report a total of $29.3 million in revenue for the nine months ending September 30, 2020 realizing a 134% increase over the $12.5 million reported for same period for the previous year. IQST is a fully reporting company with audited financials. IQST confirms the 2020 $42 million estimated revenue outlook published in the Goldman Small Cap Research Analyst Report issued earlier this week on Tuesday, October 27, 2020:
IQST – iQSTEL Announces Analyst Report With $0.54 Target PPS
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See the full report at www.goldmansmallcapresearch.com/IQST
About iQSTEL Inc.:
iQSTEL Inc (OTC: IQST) www.iQSTEL.com 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. iQSTEL through its subsidiaries Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, IoT Smart Gas Platform, itsBchain offers a "one-stop-shopping" for international and domestic VoIP services, IP-PBX services, SMS exchange for A2P and P2P, OmniChannel Marketing, Internet of Things (IoT) applications (IoT Smart Gas Platform), 4G & 5G international infrastructure connectivity, as well as blockchain-based platforms: Mobile Number Portability Application (MNPA) and Settlement & Payments Marketplace for VoIP, SMS and Data.
About Etelix.com USA, LLC:
Etelix.com USA LLC www.etelix.com is a 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.
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