IQSTEL Inc. (IQSTEL) engages in the business of telecommunication services as a wholesale carrier of voice, SMS and data for other telecom companies around the world.
The company has over 400 active interconnection agreements with mobile companies, fixed line companies and other wholesale carriers. The company is a technology company with presence in 19 countries that is offering leading-edge services through its business divisions.
The company’s Telecom Division, which represents the majority...
IQSTEL Inc. (IQSTEL) engages in the business of telecommunication services as a wholesale carrier of voice, SMS and data for other telecom companies around the world.
The company has over 400 active interconnection agreements with mobile companies, fixed line companies and other wholesale carriers. The company is a technology company with presence in 19 countries that is offering leading-edge services through its business divisions.
The company’s Telecom Division, which represents the majority of current operations and which also represents the source for all of the company’s revenues for the financial periods presented, offers VoIP, SMS, proprietary Internet of Things (IoT) solutions (www.iotsmartgas.com and www.iotsmarttank.com), and international fiber-optic connectivity through its subsidiaries: Etelix (www.etelix.com), SwissLink Carrier (www.swisslink-carrier.com), Smartbiz Telecom (www.smartbiztel.com), Whisl Telecom (www.whisl.com), IoT Labs (www.iotlabs.mx), and QGlobal SMS (www.qglobalsms.com).
The company’s developing Fintech Business Line (www.globalmoneyone.com) (www.maxmo.vip) offers a complete Fintech ecosystem MasterCard Debit Card, US Bank Account (No SSN Needed), Mobile App/Wallet (Remittances, Mobile Top Up). The company’s Fintech subsidiary, Global Money One, is to provide immigrants access to reliable financial services that makes it easier to manage their money and stay connected with their families back home.
The company’s developing BlockChain Platform Business Line (www.itsbchain.com) offers the company’s proprietary Mobile Number Portability Application (MNPA) to serve the in-country portability needs through its subsidiary, itsBchain.
The company’s developing Electric Vehicle (EV) Business Line (www.evoss.net) offers electric motorcycles for work and recreational use in the USA, Spain, Portugal, Panama, Colombia, and Venezuela. EVOSS is also working on the development of an EV Mid Speed Car to serve the niche of the 2nd car in the family.
The company’s Artificial Intelligence (AI)-Enhanced Metaverse Division (information and content) is developing a groundbreaking white-label solution designed specifically for corporations, businesses, and the telecommunications industry. Delivering a full suite of immersive content services, creating a comprehensive virtual experience that can be accessed through the Web or the company’s proprietary mobile apps. The features include up to four simultaneous video screens for versatile content presentation, various virtual halls such as the main hall, home hall, auditorium, exhibition space, shopping center, and meeting rooms. Stands for mobile application downloads, clickable gates for immediate purchasing, and direct communication tools are seamlessly integrated to foster collaboration, engagement, and interactivity. It goes beyond traditional virtual spaces by utilizing cutting-edge AI technology. This ensures video conferencing and real-time communication with other users within the Metaverse, offering the company’s customers a collective and fully immersive experience that caters to diverse needs such as content acquisition, entertainment, and shared virtual experiences. It is a future-ready platform that encourages creativity, connectivity, and collaboration like never before.
Operating Subsidiaries
iQSTEL's intention is to serve basic human needs in modern world by making the necessary tools accessible regardless of race, ethnicity, religion, socioeconomic status, or identity. iQSTEL recognizes that in modern world, the pursuit of the human hierarchy of needs (physiological, safety, relationship, esteem, and self-actualization) is marginalized without access to ubiquitous communications, the freedom of virtual banking, clean affordable mobility and information and content. iQSTEL has 4 Business Divisions delivering accessibly to the necessary tools in pursuit of basic human needs: 1) Telecommunications (communications). 2) Fintech (financial freedom). 3) Electric Vehicles (mobility). 4) Metaverse. (Information and content). The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions (M&A).
The company’s telecommunication business represents 100% of the company’s revenues, while the company’s other business lines are in a pre-revenue stage.
Telecom Subsidiaries for voice services:
Etelix.com USA LLC, a wholly owned subsidiary of iQSTEL, is U.S. based international telecom carrier founded in 2008 that provides telecom and technology solutions worldwide, with commercial presence in North America, Latin America, and Europe. Etelix provides International Long-Distance voice services for Telecommunications Operators (ILD Wholesale), and Submarine Fiber Optic Network capacity for internet (4G and 5G).
Etelix is interconnected to the most important players in the industry, with a very strong focus on Asian and Latin-American markets, among which it is worth mentioning: China Telecom, PCCW, Hutchinson Telecom, Vodafone India, KDDI, Airtel, Reliance, Viettel, TATA Communications, Flow Jamaica (Cable and Wireless Caribbean), Cable and Wireless Panama, Millicom (TIGO), Telefonica de España (Movistar), Telecom Italia (TIM), Portugal Telecom (MEU), Optimus (NOS), Belgacom (BICS), Deutsche Telekom, iBasis, Orbitel and Entel.
An important milestone in the evolution of Etelix was in 2013, when the company become part of a consortium of major carriers for the upgrade of the Maya-1 submarine cable systems that runs from Hollywood, Florida to the city of Tolu in Colombia. This consortium is led by Orange Telecom and Orbitel, where Etelix participates with 10 Gbps of capacity. The bulk of this contract was sold to Millicom (Tigo Costa Rica). This capacity considerably enhanced Tigo’s ability to deploy world-class 4G services to its customers in Costa Rica.
SwissLink Carrier AG is a 51% owned subsidiary of iQSTEL. SwissLink Carrier AG is a Switzerland based international Telecommunications Carrier founded in 2015 providing international VoIP connectivity worldwide, with commercial presence in Europe, CIS and Latin America. SwissLink Carrier AG is a Swiss licensed Operator. The acquisition of Swisslink strengthened the company’s presence in Europe putting the company in a very competitive position to capture traffic to Asian and African countries.
Whisl Telecom LLC is a 51% owned subsidiary of iQSTEL, acquired in May 2022. Whisl Telecom is an U.S. based company that provides high quality services and ‘out of the box’ solutions to its customers. Whisl predominantly serves the Carrier-to-Carrier Global industry but also has network infrastructure to provide services to the retail end users (endpoints). Whisl Telecom is one of the few U.S. carriers to have a significant Tier1 capacity (true capacity with high calls per second, CPS) to terminate calls with the highest quality.
With the acquisition of Whisl Telecom, iQSTEL incorporated to its telecom portfolio the following services: (1) U.S./Canada Inbound/Origination, (2) U.S./Canada DIDs, (3) U.S./Canada Toll Free Numbers, (4) Global DIDs, and (5) Global Toll-Free Numbers.
Smartbiz Telecom LLC is a 51% owned subsidiary of iQSTEL acquired in June 2022. Smartbiz is an U.S. based Company that provides international voice termination to niche markets. With this acquisition iQSTEL is expanding its telecommunication services offer to markets the company was not serving before.
With the combination of the technology capabilities of these four subsidiaries, iQSTEL has put together a complete portfolio of services for carriers and end user. These services include International Voice Termination for carriers, U.S./Canada Inbound / Origination, Global DIDs, Global Toll-Free Numbers, PBX (Private Branch Exchange) for small businesses, and SIP Trunking.
Telecom Subsidiaries for SMS services:
QGlobal SMS LLC is a 100% owned subsidiary of iQSTEL QGlobal SMS is a USA based company founded in 2020 specialized in international and domestic SMS termination. QGlobal SMS has commercial presence in Europe, USA and Latin America, with robust international interconnection with Tier-1 SMS Aggregators, guarantying to its customers high quality and low termination rates, in over more than 100 countries.
IoT Labs LLC is a 51% owned subsidiary of iQSTEL IoT Labs is a SMS service provider based in Austin, Texas. Specialized in the SMS traffic exchange between the U.S. and Mexico.
The company has entered into the SMS business in 2020 through the acquisition of QGlobal and IoT Labs. Both companies specialize in international and domestic SMS termination, with emphasis on the Applications to Person (A2P), Person to Person (P2P) and OmniChannel Marketing Services for several markets: Wholesale Carrier, Government, Corporate, Enterprise, Small and Medium Companies.
IoT Labs is also responsible for the development of the company’s Internet of Things devices SmartGas and SmartTank. The SmartGas device is perfectly focused on retail households using traditional LP gas tanks, while the SmartTank device is more oriented for industrial purposes. The company’s product is a sensor and control chip that can be mounted on gas tanks in less than one minute, that converts the gas tank into an IoT connected device through the company’s proprietary web portal and phone apps, allowing for constant monitoring, alerting, and refilling through the company’s gas partners. An important milestone to highlight is that the company has received the patent for the invention and development of these devices. The company continues working with BASF Corporation to adapt the SmartTank device to their specifications. project that has suffered some delays due to limited inventories and the slowness of the global distribution chains of microchips. However, since the end of 2022 the company has expanded the list of certified suppliers and at this time the company has a minimum inventory of parts, pieces and finished products to start the marketing process of both devices.
New businesses subsidiaries:
ItsBchain LLC is a 75% owned subsidiary of iQSTEL ItsBchain is a blockchain technology developer and solution provider, with a strong focus on the telecom sector. The company has focused on the development of solutions aimed at using the blockchain ledger and smart contracts to enable more efficiency, quickness in execution and fraud-prevention in the telco industry. Specifically, the company has developed a solution that will enable users and carriers to transfer mobile phone numbers with just a few clicks, allowing users and carriers the ability to transfer retail users from one mobile carrier to another instantly.
The company has done research covering 35 countries where number portability is mandatory by law.
Number portability is executed and supervised by a third independent party, who act as a data-base administrator and has the responsibility to guarantee all transactions requested by the customers will be completed and his/her phone number will be ported from Carrier A to Carrier B. In the countries under the company’s analysis there are 11 different data-base administrators.
The company’s mobile number portability solution is now being tested prior to its commercial release in June 2023.
Global Money One Inc. is a 75% owned subsidiary of iQSTEL The company offers a complete Fintech ecosystem including a MasterCard Debit Card, US Bank Account (No SSN Needed), and a Mobile App/Wallet to manage Remittances and Mobile Top Up. The company’s focus is to provide immigrants access to reliable financial services that make it easier to manage their money and stay connected with their families back home.
All available services can be managed through the company’s mobile App ‘GlobalMoneyOne’ available for IOS and Android. A first non-commercial release of the Fintech suite was done in June 2022. Since that date all services have been tested including the known-your-customer (KYC) process for the issuance of debits cards, the settlement process with the issuer bank, the intermediary entities handling the remittances, and the intermediaries and cellular operators for the Top Up, as well as the proper training of the company’s customer care agents.
The Electric Vehicle division (TuVolten) consist in an initiative to offer clean and affordable mobility through Electric Motorcycles, and Electric Mid Speed Cars. TuVolten is going to offer theirs EV Motorcycles and EV Cars in Spain, Portugal, USA, and some countries of Latin America. As recently announced, all previous electric motorcycle designs and tests have come together in a new electric motorcycle now rolling off the factory for the final validation tests under the European Union Standards E-Mark certification process. Once this certification is obtained, the company will begin manufacturing the first units for sale to the public.
The Metaverse initiative, consist in a platform to offer the company’s telecommunication carrier clients a white label solution enabling them to interact with their customers (end users, and enterprises) through the metaverse. The iQSTEL white label metaverse solution developed in partnership with GOTMY will be tailored to provide telecom carriers with a distinctive and immersive customer experience. In line with GOTMY’s intention to offer universally accessible experiential spaces, the iQSTEL solution for telecom carriers is intended to accommodate all mobile phone users, not just those with high-end VR headsets.`
Regulations
Etelix.com USA, LLC was authorized by the Federal Communications Commission to provide facility-based services in accordance with section 63.18(e)(1) of the Commission’s rules; and also to provide resale services in accordance with section 63.18(e)(2) under license number ITC-214-20090625-00303.
The consumer payment services offerings, prepaid debit cards, remittances, Top Up, are industries heavily regulated. Accordingly, the company, and the products and services that the company offers in consumer payment services, are subject to a variety of federal and state laws and regulations, including banking laws and regulations; money transmitter and payment instrument laws and regulations; anti-money laundering laws; privacy and data security laws and regulations; consumer protection laws and regulations; unclaimed property laws; and card association and network organization rules.
History
The company was formerly known as B-Maven Inc. and changed its name to PureSnax International, Inc. in 2015 and then to iQSTEL Inc. in 2018.
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