Brief: iQSTEL Announces Binding MoU To Acquire 51% Interest In Ultranet Telecom Group
BRIEF-iQSTEL Announces Binding MoU To Acquire 51% Interest In Ultranet Telecom Group 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
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Iqstel
See all newsBrief: iQSTEL Announces Binding MoU To Acquire 51% Interest In Ultranet Telecom Group
Brief: Iqstel Reports Q1 2026 Revenue Growth Of 69.9%
Brief: IQST - IQSTEL Launches IQSTEL Digital Services Subsidiary and Appoints Jorge Enrique Becerra as CEO
Brief: Iqstel Announces Adoption Of Its Proprietary AI Agents By Leading European Companies In Partnership With Alhambra It
Brief: Iqstel Releases 2026 Shareholder Letter Outlining Strategic Plan To Accelerate Profitability