$4.5M in added net income, $9M combined Adjusted EBITDA, and a 23-million-user digital services addressable market — IQSTEL is no longer just a telecom company
NEW YORK, June 25, 2026 /PRNewswire/ -- IQSTEL Inc. (NASDAQ: IQST) today published a Letter to Shareholders disclosing a Binding MOU to acquire a 51% controlling interest in ULTRANET Telecom Group — the largest transaction in IQSTEL's history — and detailing a structural profitability inflection that is expected to multiply the Company's net income from operations by approximately four times. In parallel, IQSTEL outlined its accelerating transition from a pure-play telecom carrier into a high-margin digital services platform with access to an addressable market of up to 23 million digital services users through its existing global operator network.
~4x Net Income Multiplier | $4.5M Added Annual Net Income | $9M Combined Adj. EBITDA | $13M Added Shareholders' Equity |
The Profitability Inflection: What ULTRANET Delivers
ULTRANET Telecom Group is a profitable, fully audited telecommunications operator with established operations across six African countries. Based on ULTRANET's FY 2025 audited financial statements, the planned Q3 acquisition is expected to deliver an immediate, verified profitability boost to IQSTEL on a consolidated basis:
ULTRANET Metric | Impact on IQSTEL (Consolidated) |
$4.5M Annual Net Income Added | ~4x increase in IQSTEL net income from operations — single largest |
$130M Annual Revenue Added | ~30% revenue increase in one transaction; pushes IQSTEL above |
$21M Total Assets Added | Strengthens balance sheet; improves borrowing capacity and |
$13M Shareholders' Equity Added | Directly increases per-share intrinsic value and supports long-term |
~$9M Combined Adj. EBITDA | Positions IQSTEL approximately halfway toward its $15M EBITDA |
6 African Markets | Expands IQSTEL's operational footprint to ~30 countries across |
Management noted that the $4.5 million net income contribution represents the single largest profitability leap in IQSTEL's history, and that the combined Adjusted EBITDA of approximately $9 million positions the Company at roughly the halfway point toward its mid-term target of $15 million in EBITDA — with further digital services upside not yet reflected in these projections.
From Telecom Carrier to High-Margin Digital Platform
While the revenue and profitability contribution of ULTRANET is significant, management believes the strategic value may be even greater. IQSTEL's existing commercial platform already reaches over 600 of the world's largest telecom operators, creating access to approximately 2.3 billion end users globally. ULTRANET's African presence and operator relationships provide IQSTEL with a ready-made regional channel through which it can immediately begin deploying its high-margin Digital Services portfolio.