iQSTEL Acquires 51% Stake in QXTEL

iQSTEL Acquires 51% Stake in Smartbiz Telecom

April 21, 2022

Telecommunications

iQSTEL, Inc. acquired a 51% interest in Smartbiz Telecom LLC in a deal consisting of $800,000 cash and $1,000,000 in restricted iQSTEL common stock. The acquisition gives iQSTEL a US foothold and access to Smartbiz's US voice termination, sales infrastructure and SMS capabilities; Smartbiz is expected to contribute to iQSTEL's topline and a projected $0.5M net income for FY2022.

iQSTEL Acquires 51% of Lynk Telecom

May 10, 2024

Telecommunications

iQSTEL Inc. agreed to acquire a 51% membership interest in Lynk Telecom (Lynktel), adding an estimated $20 million in annual revenue and $1 million in annual net income. The transaction strengthens iQSTEL's U.S. presence by integrating Lynk Telecom's wholesale and retail telecom services and is expected to close by July 1, 2024 following due diligence.

IQSTEL Acquires 51% of GlobeTopper

May 29, 2025

Financial Services

IQSTEL Inc. (NASDAQ: IQST) has acquired a 51% stake in GlobeTopper, a B2B fintech specialist in digital prepaid/top-up and gift-card solutions, with the transaction effective July 1, 2025. The deal is intended to accelerate IQSTEL’s fintech capability and revenue run rate—GlobeTopper forecasts significant H2 2025 revenue contribution and will remain led by CEO Craig Span under IQSTEL’s ownership.

Questel Acquires Majority Stake in Brandstock

May 17, 2019

Legal Services

Questel has signed an agreement to acquire a majority stake in Brandstock, a Munich-based intellectual property (IP) services provider. The deal expands Questel’s trademark and IP services capabilities and strengthens its presence in Germany and across Europe.

Xtel Communications Acquires Global Telecom (GTB)

December 19, 2022

Telecommunications

Xtel Communications has acquired Global Telecom (GTB), a Maryland-based CLEC and longstanding VoIP/UCaaS provider, expanding Xtel's footprint into the Baltimore–DC–VA region. The acquisition adds GTB's VoIP, UCaaS and managed security capabilities and customer relationships in healthcare, legal and government verticals to Xtel's telecom, cloud and cybersecurity portfolio.

Qvantel Acquires Optiva Inc.

December 31, 2025

Software

Qvantel Oy completed its acquisition of Optiva Inc. via a statutory plan of arrangement, acquiring all issued and outstanding common shares of Optiva. The transaction paid Optiva shareholders C$0.25 per common share, cancelled Optiva's US$108.6 million PIK notes with consideration to noteholders (including purchaser shares, purchaser-issued senior secured notes and warrants), and will result in Optiva being dissolved and delisted from the Toronto Stock Exchange. The combined company expands Qvantel's telecom monetization and digital operations portfolio and supports more than 70 operators with a global workforce exceeding 1,000 professionals.