IQST – iQSTEL Announces New Consolidated Telecommunications Brand Launch Coming Soon
iQSTEL, an international provider of Telecom, Technology, Fintech and Blockchain solutions, announced the company is consolidating its telecommunications subsidiaries and plans to soon introduce a comprehensive line of telecommunication services under one single unified telecommunications Brand.
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IQST more than doubled its revenue in 2020. The company anticipates reporting over $44 million in revenue in its upcoming 2020 annual report. IQST revenue in 2019 was $18 million. Management attributes the growth to both organic sales growth and acquisitions.
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Now, IQST will consolidate its Etelix, SwissLink, QGLOBAL, SMSDirectos under one single brand.
In addition to the marketing benefits of a single unified brand, IQST’s telecommunication subsidiaries will gain the efficiencies and cost reductions provided from sharing resources under a consolidated operation. Management anticipates improved operating margins.
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