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IQST - iQSTEL Telecom Foundation Expands With Improved Gross Margin Contribution

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NEW YORK, March 17, 2021 /PRNewswire/ iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced its telecommunications subsidiary, SwissLink, is moving forward on a plan to implement network interconnection in Switzerland.
The network interconnection in Switzerland will effect an operating cost reduction and improve quality of service. While Switzerland is not a member of the European Union, it still enjoys special treatment for international telecommunications traffic in Europe.
The SwissLink operations is one of iQSTEL s top gross margin contributors and the network interconnection in Switzerland is anticipated to increase its gross margin contribution. ....

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IQST - iQSTEL Announces 288% Revenue Increase For February 2021 Supporting $60.5 Million Annual Revenue Forecast

/PRNewswire/ iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced revenues of. ....

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IQST - iQSTEL Realizes $4.8 Million Revenue For January On Track To $60.5 Million 2021 Forecast

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NEW YORK, March 4, 2021 /PRNewswire/ iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced revenues of $4.8 million for January 2021 compared to $1.85 million in January 2020. January 2021 revenue is 258% higher than January 2020.
The iQSTEL revenue forecast for 2021 is $60.5 million. Management anticipates improving profit margins in 2021 in addition to growing revenues as iQSTEL consolidates its Telecom subsidiaries under a single brand name to improve marketing momentum and operating efficiencies. iQSTEL s revenue forecast for its Telecom Division is $55.1 million.
The additional $5.4 million of iQSTEL s $60.5 million revenue forecast is anticipated from the company s other growing, high margin business units including its Technology Division (IoT and Batteries for EV), Fintech Division (Visa Debit Card), Blockchain Division (MNPA). ....

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