{"id":450921,"date":"2021-03-04T10:00:35","date_gmt":"2021-03-04T15:00:35","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450921"},"modified":"2021-03-04T10:00:35","modified_gmt":"2021-03-04T15:00:35","slug":"iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast\/","title":{"rendered":"IQST &#8211; iQSTEL Realizes $4.8 Million Revenue For January On Track To $60.5 Million 2021 Forecast"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">March 4, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced revenues of <span class=\"xn-money\">$4.8 million<\/span> for <span class=\"xn-chron\">January 2021<\/span> compared to <span class=\"xn-money\">$1.85 million<\/span> in <span class=\"xn-chron\">January 2020<\/span>. <span class=\"xn-chron\">January 2021<\/span> revenue is 258% higher than <span class=\"xn-chron\">January 2020<\/span>.<\/p>\n<div id=\"prni_dvprnejpgdd8aleft\" dir=\"ltr\">\n        <img decoding=\"async\" id=\"prnejpgdd8aleft\" title=\"iQSTEL logo (PRNewsfoto\/iQSTEL, Inc.)\" border=\"0\" alt=\"iQSTEL logo (PRNewsfoto\/iQSTEL, Inc.)\" align=\"middle\" src=\"https:\/\/mma.prnewswire.com\/media\/1308745\/iQSTEL_Logo.jpg\" \/>\n      <\/div>\n<p>The iQSTEL revenue forecast for 2021 is <span class=\"xn-money\">$60.5 million<\/span>.\u00a0 Management anticipates improving profit margins in 2021 in addition to growing revenues as iQSTEL consolidates its Telecom subsidiaries under a single brand name to improve marketing momentum and operating efficiencies.\u00a0 iQSTEL&#8217;s revenue forecast for its Telecom Division is <span class=\"xn-money\">$55.1 million<\/span>.\u00a0 <\/p>\n<p>The additional <span class=\"xn-money\">$5.4 million<\/span> of iQSTEL&#8217;s <span class=\"xn-money\">$60.5 million<\/span> revenue forecast is anticipated from the company&#8217;s other growing, high margin business units including its Technology Division (IoT and Batteries for EV), Fintech Division (Visa Debit Card),\u00a0Blockchain Division (MNPA).<\/p>\n<p>\n        <b>About iQSTEL Inc.:<\/b>\n      <\/p>\n<p>iQSTEL Inc (OTC: IQST) (<a target=\"_blank\" href=\"http:\/\/www.iqstel.com\/\" rel=\"nofollow noopener noreferrer\">www.iQSTEL.com<\/a>) is a US-based publicly-listed company offering leading-edge Telecommunication, Technology and Fintech Services for Global Markets, with presence in 13 countries.\u00a0 The company provides services to the Telecommunications,\u00a0Electric Vehicle (EV), Liquid Fuel Distribution, Chemical and Financial Services Industries. iQSTEL has 4 Business Divisions: Telecom, Technology, Fintech and Blockchain, with worldwide B2B and B2C customer relations operating through its subsidiaries: Etelix, SwissLink, QGlobal SMS, SMSDirectos, IoT Labs, Global Money One and itsBchain. The Company has an extensive portfolio of products and services for its clients: SMS, VoIP, 4G &amp; 5G international infrastructure connectivity, Cloud-PBX, OmniChannel Marketing, IoT Smart Electric Vehicle Platform, iQ Batteries for Electric Vehicles, IoT Smart Gas Platform, IoT Smart Tank Platform, Visa Debit Card, Money Remittance, Mobile Number Portability Application MNPA (Blockchain Platform) and Settlement &amp; Payments Marketplace (Blockchain Platform). <\/p>\n<p>Safe Harbor Statement:\u00a0Statements in this news release may be &#8220;forward-looking statements&#8221;. 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 iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.<\/p>\n<p>\n        <b>iQSTEL Inc. <br \/><\/b>IR US Phone: 646-740-0907, IR Email: <a target=\"_blank\" href=\"mailto:investors@iqstel.com\" rel=\"nofollow noopener noreferrer\">investors@iqstel.com<\/a><\/p>\n<p>Logo &#8211; <a target=\"_blank\" href=\"https:\/\/mma.prnewswire.com\/media\/1308745\/iQSTEL_Logo.jpg\" rel=\"nofollow noopener noreferrer\">https:\/\/mma.prnewswire.com\/media\/1308745\/iQSTEL_Logo.jpg<\/a><\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN99299&amp;sd=2021-03-04\" \/> View original content:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/iqst--iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast-301240754.html\">http:\/\/www.prnewswire.com\/news-releases\/iqst&#8211;iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast-301240754.html<\/a><\/p>\n<p>SOURCE  iQSTEL, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN99299&amp;Transmission_Id=202103040956PR_NEWS_USPR_____LN99299&amp;DateId=20210304\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire NEW YORK, March 4, 2021 \/PRNewswire\/ &#8212;\u00a0iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced revenues of $4.8 million for January 2021 compared to $1.85 million in January 2020. January 2021 revenue is 258% higher than January 2020. The iQSTEL revenue forecast for 2021 is $60.5 million.\u00a0 Management anticipates improving profit margins in 2021 in addition to growing revenues as iQSTEL consolidates its Telecom subsidiaries under a single brand name to improve marketing momentum and operating efficiencies.\u00a0 iQSTEL&#8217;s revenue forecast for its Telecom Division is $55.1 million.\u00a0 The additional $5.4 million of iQSTEL&#8217;s $60.5 million revenue forecast is anticipated from the company&#8217;s other growing, high margin business units including its Technology &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;IQST &#8211; iQSTEL Realizes $4.8 Million Revenue For January On Track To $60.5 Million 2021 Forecast&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-450921","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IQST - iQSTEL Realizes $4.8 Million Revenue For January On Track To $60.5 Million 2021 Forecast - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IQST - iQSTEL Realizes $4.8 Million Revenue For January On Track To $60.5 Million 2021 Forecast - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire NEW YORK, March 4, 2021 \/PRNewswire\/ &#8212;\u00a0iQSTEL, Inc. (USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced revenues of $4.8 million for January 2021 compared to $1.85 million in January 2020. January 2021 revenue is 258% higher than January 2020. The iQSTEL revenue forecast for 2021 is $60.5 million.\u00a0 Management anticipates improving profit margins in 2021 in addition to growing revenues as iQSTEL consolidates its Telecom subsidiaries under a single brand name to improve marketing momentum and operating efficiencies.\u00a0 iQSTEL&#8217;s revenue forecast for its Telecom Division is $55.1 million.\u00a0 The additional $5.4 million of iQSTEL&#8217;s $60.5 million revenue forecast is anticipated from the company&#8217;s other growing, high margin business units including its Technology &hellip; Continue reading &quot;IQST &#8211; iQSTEL Realizes $4.8 Million Revenue For January On Track To $60.5 Million 2021 Forecast&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-04T15:00:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1308745\/iQSTEL_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"IQST &#8211; 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(USOTC: IQST), an international provider of Telecom, Technology, Fintech and Blockchain solutions, today announced revenues of $4.8 million for January 2021 compared to $1.85 million in January 2020. January 2021 revenue is 258% higher than January 2020. The iQSTEL revenue forecast for 2021 is $60.5 million.\u00a0 Management anticipates improving profit margins in 2021 in addition to growing revenues as iQSTEL consolidates its Telecom subsidiaries under a single brand name to improve marketing momentum and operating efficiencies.\u00a0 iQSTEL&#8217;s revenue forecast for its Telecom Division is $55.1 million.\u00a0 The additional $5.4 million of iQSTEL&#8217;s $60.5 million revenue forecast is anticipated from the company&#8217;s other growing, high margin business units including its Technology &hellip; Continue reading \"IQST &#8211; iQSTEL Realizes $4.8 Million Revenue For January On Track To $60.5 Million 2021 Forecast\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-04T15:00:35+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1308745\/iQSTEL_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/iqst-iqstel-realizes-4-8-million-revenue-for-january-on-track-to-60-5-million-2021-forecast\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"IQST &#8211; 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