BRIEF-iQSTEL Announces Binding MoU To Acquire 51% Interest In Ultranet Telecom Group

iQSTEL, Inc.

iQSTEL, Inc.

IQST

0.00

June 4 (Reuters) - iQSTEL Inc IQST.O:

  • IQST - IQSTEL ANNOUNCES BINDING MOU TO ACQUIRE 51% INTEREST IN ULTRANET TELECOM GROUP, POSITIONING THE COMPANY ABOVE A HALF-BILLION-DOLLAR REVENUE RUN RATE AND INCREASING NET INCOME FROM OPERATIONS BY 4X

  • IQSTEL - ULTRANET EXPECTED TO CONTRIBUTE $130 MILLION REVENUE, $4.5 MILLION NET PROFIT BASED ON FY 2025 AUDITED RESULTS

Source text: ID:nPn40w4Mna

Further company coverage: IQST.O


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.