2. **Telecommunications Partnerships**: - iQSTEL is interconnected with several key telecom players and value-added integrators worldwide, including Verizon, KDDI, PCCW, Hutchinson, Flow Jamaica (Cable and Wireless Caribbean), Cable and Wireless Panama, Millicom (TIGO), Telefonica de España (Movistar), Telecom Italia (TIM), Portugal Telecom (MEU), among others. These partnerships facilitate iQSTEL's operations and expansion in the telecommunications sector.[](iqstel.com/)
These partnerships illustrate iQSTEL's focus on strategic alliances to grow its business in telecommunications, cybersecurity, and financial stability, aiming for significant market expansion and revenue growth.
IQST - **Revenue Growth**: iQSTEL has shown significant revenue growth. For instance, they forecasted $290 million in revenue for 2024, aiming for $500 million by 2027. This growth is driven by expanding their services into new markets like cybersecurity and through strategic acquisitions.
- **Profitability**: The company reported positive operating income in 2024, which is a positive sign for potential investors looking for profitability.
- **Market Capitalization**: The market cap of IQST has been relatively low compared to its revenue, which might suggest undervaluation if one trusts in the company's growth trajectory.
### **Strategic Moves:**
- **Acquisitions**: The acquisition of QXTEL and the partnership with Cycurion for cybersecurity solutions are strategic steps that could diversify and stabilize revenue streams.
- **Nasdaq Uplisting Efforts**: iQSTEL's efforts toward uplisting to Nasdaq indicate a move towards greater market visibility and potentially higher liquidity, which could be attractive to investors.
IQST volume is increasing and just touching the 200-day moving average and flirting with the idea of getting above it. On the 1-hour chart, it looks like a bull flag is forming. Ideas, anyone?