New High End Galaxy 5G Z-Fold SmartPhone From Samsung Electronics Co. Ltd. Can Cost $2,000, But Lower End Brands With New Qualcomm Chipsets Can Be Less Than $200; iQSTEL Sees Its Future In 5G Telecommunications

A top line Galaxy 5G Z-Fold SmartPhone from Samsung Electronics Co. Ltd. (OTC: SSNLF) can cost American consumers some $2,000, but 5G smartphones targeted to countries such as India and other markets can sell for less than $200 when a Qualcomm (NASDAQ: QCOM) Snapdragon 4-series chip is used. The broad range of price points for new 5G mobile units available globally reinforces the longevity and demand for 5G. For firms such as iQSTEL Inc. (OTC: IQST), this demand for 5G at all prices is important great news.

Media companies such as Stock Market Press are reporting on the fast growing telecommunications market. It keeps readers up to date on company stocks such as iQSTEL Inc. (OTC: IQST), amazon.com (NASDAQ: AMZN), Alphabet Inc. (NASDAQ: GOOGL), Apple Inc. (NASDAQ: AAPL), Telefonica SA (NYSE: TEF), Samsung Electronics Co. Ltd. (OTC: SSNLF), Motorola Solutions, Inc. (NYSE: MSI), China Mobile Limited (NYSE: CHL),Verizon (NYSE: VZ), AT&T Inc. (NYSE: T), T-Mobile US (NASDAQ: TMUS),Ericsson (NASDAQ: ERIC), DISH Network Corporation (NASDAQ: DISH), Nokia Corporation (NYSE: NOK), Liberty Global (NASDAQ: LBTYA) and Vodafone Group PLC (NASDAQ: VOD).

New High End Galaxy 5G Z-Fold SmartPhone From Samsung Electronics Co. Ltd. (OTC: SSNLF) Can Cost $2,000, But Lower End Brands With New Qualcomm (NASDAQ: QCOM) Chipsets Can Be Less Than $200; iQSTEL (OTC: IQST) Sees Its Future In 5G Telecommunications

New 5G-ready SmartPhones are coming this Fall from Apple Inc. (NASDAQ: AAPL), Samsung Electronics Co. Ltd. (OTC: SSNLF), (Motorola Solutions, Inc. (NYSE: MSI) And Others. iQSTEL Inc. (OTC: IQST) is ready to play a vital role in 5G telecommunications with new mobile units coming out at a range of price points from some $200 to $2,000. Qualcomm (NASDAQ: QCOM) announced yesterday (September 3, 2020) at the IFA Show in Berlin -- the largest consumer electronics show globally outside the CES in the U.S. -- that it was bringing 5G chipsets via its Snapdragon 4-series to ultra-low-cost smartphones. That strategy for 5G commercialization at scale reinforces the global demand for 5G at varied price points. New High End Galaxy 5G Z-Fold SmartPhone From Samsung Electronics Co. Ltd. (OTC: SSNLF) Can Cost $2,000, But Lower End Brands With New Qualcomm (NASDAQ: QCOM) Chipsets Can Be Less Than $200; iQSTEL (OTC: IQST) Sees Its Future In 5G Telecommunications.

To iQSTEL, Inc. (OTC: IQST), Global Demand For 5G Mobile Devices At All Prices Reinforces Strength Of New Telecommunications Market

As the 5G market grows in networks and movie devices introductions, iQSTEL, Inc. (OTC: IQST) is growing in financial strength. In the first half of 2020 the Company reported a YTD 90% volume increase to $16.1 million and Q2 2020 362% spike in net income to $1.2+ million. In addition to its financials, the Company's strategic acquisitions, positive net income from all operating subsidiaries and alliances with other telecom companies have made 2020 a year of milestones to be celebrated.

iQSTEL, Inc.'s (OTC: IQST) footprint now includes the U.S., Latin America, Mexico, Europe and other global regions. Its solid financial performance thus far in 2020 promises to be a forerunner of more sharp gains ahead. New High End Galaxy 5G Z-Fold SmartPhone From Samsung Electronics Co. Ltd. (OTC: SSNLF) Can Cost $2,000, But Lower End Brands With New Qualcomm (NASDAQ: QCOM) Chipsets Can Be Less Than $200; iQSTEL (OTC: IQST) Sees Its Future In 5G Telecommunications.

iQSTEL, Inc. (OTC: IQST) 2020 Growth Is Seen As Phenomenal

Mr. Iglesias, CEO of iQSTEL, Inc. (OTC: IQST), said, "Our growth during 2020 has been phenomenal and is attributed to our focus on strong carrier agreements and strategic subsidiary acquisitions." He added, "Our subsidiaries shine as success stories, even at this early stage, as was seen in our recent release detailing their individual net income." New High End Galaxy 5G Z-Fold SmartPhone From Samsung Electronics Co. Ltd. (OTC: SSNLF) Can Cost $2,000, But Lower End Brands With New Qualcomm (NASDAQ: QCOM) Chipsets Can Be Less Than $200; iQSTEL (OTC: IQST) Sees Its Future In 5G Telecommunications.

The iQSTEL, Inc. (OTC: IQST) 2929 financials represent "further proof that our business model, a combination of corporate growth and acquisitions, is working very well. All of our operating subsidiaries just reached a major milestone, going Net Income positive. Our management experience in Telecom Operations has been key in the achievement of these results. We look forward to fantastic Q3 and Q4's as we anticipate further corporate and subsidiary developments leading in to 2021," Mr. Iglesias said.

iQSTEL, Inc.'s (OTC: IQST) First Half YTD 90% Volume Increase To $16.1 Million And Q2 2020 362% Spike In Net Income To $1.2+ Million Sets Stage For Full Year 2020 Gains

iQSTEL, Inc. (OTC: IQST) reported sharp jumps in both volume and net income in 2020. Sales jumped by 90% to $16.1 million for the first half YTD 2020 and it reported a 362% spike in net income to $1.2+ Million for Q2 2020. All operating subsidiaries of the 21st Century enhanced telecommunications service provider generated positive net income for the parent Company. These subsidiaries included: Etelix, SwissLink, QGlobal and IoT Labs. All showed a positive net income for the Q2 2020 reporting period.

iQSTEL, Inc. (OTC: IQST) Expands Network Of Subsidiaries

The parent company owns a 75% stake in blockchain subsidiary itsBchain LLC, iQSTEL Inc. (OTC: IQST) wholly owns Miami-based subsidiary, Etelix.com USA, LLC, an American-based 5G provider of Submarine Fiber Optic Network capacity for internet (4G and 5G). It owns 51% of SwissLink Carrier AG. SwissLink Carrier AG provides international VoIP connectivity worldwide and more. It owns 51% of QGlobal SMS LLC, a U.S.-based company which has international interconnection with Tier 1 SMS aggregators to more than 100 countries worldwide. It has acquired 51% of an Austin, Texas-based SMS U.S.-Mexico Service provider. Most recently it acquired IoT Labs MX SAPI. This Internet of Things (IoT) company is the creator of the "IoT Smart Gas" platform and application.

Source: Stock Market Press

Join Stock Market Press' newsletter for the latest in IPO, market commentary and company profiles.

Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.

Contact:

Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com

Safe Harbor Statement: Statements in this news release may be "forward-looking statements." Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

See Stock Market Press disclaimer: http://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press

comtex tracking

COMTEX_370705986/2718/2020-09-04T09:32:48

Is there a problem with this press release? Contact the source provider Comtex at editorialpr@comtex.com.