Business
IQST - iQSTEL Announces November's Revenue, Second Month In A Row Exceeding $5 Million In Revenues.
Company's On Track To Surpass $42 Million 2020 Annual Revenue Projection NEW YORK, Dec. 14, 2020 /PRNewswire/ -- iQSTEL, Inc. (USOTC: IQST) today announced
About this update from Iqstel Inc.
[{"type":"text","content":"Company's On Track To Surpass $42 Million 2020 Annual Revenue Projection\n\n\nNEW YORK, Dec. 14, 2020 /PRNewswire/ -- iQSTEL, Inc. (USOTC: IQST) today announced with the November´s revenues is achieving second month in a row exceeding $5 million monthly revenue. November 2020 revenue was 277% higher than the $1.8 million in revenue reported last year, in November of 2019. The iQSTEL Telco Division with the SMS product is a major contributor to IQST's ongoing overall revenue growth with now four consecutive month over month increases. Year to date revenue is now $39,725,507 putting the company well on track to exceed its $42 million revenue projection for 2020.\n \n \nAbout iQSTEL Inc (Updated):\niQSTEL Inc (OTC: IQST) (www.iQSTEL.com) is a US-based publicly-listed company offering leading-edge Telecommunication, Technology and Fintech Services for Global Markets, with presence in 13 countries. The company provides services to the Telecommunications, Financial Services, Liquid Fuel Distribution and Electric Vehicle Industries. iQSTEL has 3 Business Divisions: Telecom, Technology and Fintech, with worldwide B2B and B2C customer relations operating through its subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, itsBchain and Global Money One. The Company has 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.\nAbout Etelix.com USA LLC (iQSTEL´s Telecom Division):\nEtelix.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 sin...