iQSTEL Inc. Announces $290 Million 2024 Annual Revenue Forecast, Driven by Recent Acquisitions
Acquiring Company
iQSTEL
Acquired Company
Lynk Telecom
Coral GablesUnited StatesHardwareArtificial IntelligenceCyber SecurityHardwareDescription
iQSTEL Inc., a US-based telecommunications and technology company, has announced an increased revenue forecast for FY-2024 to $290 million, attributing the growth to anticipated organic growth and the contribution from recent acquisitions. The company is preparing for a Nasdaq up-listing and expects further revenue growth from the acquisition of Lynk Telecom.
Other recent acquisitions in Hardware and Cyber Security
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- iQSTEL Inc. to acquire 51% of Lynk Telecom, adding $20M in revenue and $1M in net income (May 10, 2024)
- Capacity acquires CereProc and SmartAction to enhance voice and Contact Center capabilities (July 10, 2024)
- In-Telecom Consulting, LLC Acquires Lantana Communications to Expand Footprint into Texas (May 29, 2024)
- Aurionpro Solutions Limited acquires Arya.ai to strengthen Enterprise AI platforms for Financial Institutions (April 20, 2024)
- Majarra acquires Lableb to strengthen its position in Arabic digital innovation (July 17, 2024)
- Neovera strengthens cyber defense capabilities with acquisition of Emagined Security (July 17, 2024)
Who to call at iQSTEL, and when
When iQSTEL changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day iQSTEL raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at iQSTEL, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Lynk Telecom?
Lynk Telecom was acquired by iQSTEL, based in Coral Gables. The deal was reported on June 4, 2024. iQSTEL is publicly traded (IQST) and operates in Hardware.
When did iQSTEL acquire Lynk Telecom?
iQSTEL's acquisition of Lynk Telecom was reported on June 4, 2024. iQSTEL Inc., a US-based telecommunications and technology company, has announced an increased revenue forecast for FY-2024 to $290 million, attributing the growth to anticipated organic growth and the contribution from recent acquisitions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Lynk Telecom do?
Lynk Telecom is a strategic acquisition for iQSTEL, adding substantial operating and net income in proportion to its revenue base and giving iQSTEL enhanced presence in the US market. It is privately held, operating in Hardware, and is based in United States.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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