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IQSTEL, Inc. Announces that 5G Infrastructure Expert Jose Antonio Abdo will Join the Company as an Advisor to the Board of Directors
NEW YORK, NY, Feb. 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – iQSTEL, Inc. (OTC: IQST) is pleased to announce the immediate addition of Mr. Jose Antonio
About this update from Iqstel Inc.
[{"type":"text","content":"NEW YORK, NY, Feb. 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – iQSTEL, Inc. (OTC: IQST) is pleased to announce the immediate addition of Mr. Jose Antonio Abdo, an expert in 5G infrastructure, as an advisor to the board of directors.\n\n \n \n \n \n \n \n \n \n \n \n \n 5G Networks Worldwide by 2021\n \n \n \n \n \n \n \n \n\n The shift to 5G from a few ‘test’ cities to full global expansion has begun and iQSTEL, Inc. is at the forefront of this new telecommunications wave. This new wave is bigger than 3G and 4G combined as it will redefine the telecommunications landscape. Grand View Research, Inc. estimates the 5G system integration market size to reach upwards of $43 Billion by 2027. The addition of Mr. Jose Antonio Abdo is a key component of iQSTEL, Inc.’s expansion plans. Mr. Jose Antonio Abdo is well known throughout Central and South America, closing major telecommunications infrastructure development contracts with local and international companies. His expertise in sales and business development including Tier 1, submarine cable, ISP and CATV operators will position iQSTEL, Inc. for major expansion across the region. Mr. Iglesias, the Company’s CEO, stated: “The joining of Jose Antonio Abdo as an Advisor to the Board is a pivotal point for the Company’s organic growth and acquisition strategy in the 5G infrastructure space, particularly in Latin America. Mr. Abdo brings over 30 years of Senior-Level Executive Experience from such infrastructure giants as Global Crossing, AT&T and others. His expertise in submarine cable and Backhaul is unrivaled in the region. During his tenure with these world-class companies, he has led infrastructure acquisitions, deployments, and carrier sales teams through many types of projects.” “Mr. Abdo’s experience will play a key role in sourcing new 5G infrastructure investment and acquisition opportunities for the Company. With the advent of IoT (Internet of Things) and the ever-increasing demand for multimedia services, it is clear that 5G infrastructure will be a major source of growth in the coming years. Mr. Abdo’s incorporation will put iQSTEL in a key position to be a major player in Latin America,” Mr. Iglesias, the company’s CEO, continued. IoT end-user spending is projected to surpass $1.5 Billion by 2025 (Statista.com) and the supporting infrastructure deployment will provide s...