iQSTEL Inc. to Acquire Remaining 49% of SwissLink Carrier AG via Phased Ownership Exchange

iQSTEL Acquires 51% Stake in QXTEL

January 23, 2024

Telecommunications

iQSTEL Inc. has entered into a binding agreement to acquire 51% of the capital stock of QXTEL, a wholesale telecommunications provider with offices across Miami, London, Buenos Aires, Istanbul, Belgrade and Dubai. Management said the deal nearly doubles iQSTEL's revenue, brings new wholesale carrier customers and executive talent, and will be integrated to drive operating efficiencies and margin expansion.

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% 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 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.

Swiss Post to Acquire Open Systems from EQT

September 18, 2024

Cybersecurity

Swiss Post has agreed to acquire Open Systems, a Zurich-based provider of cloud-native SASE and managed cybersecurity services, from EQT Mid Market Europe and co-shareholders. The deal will expand Swiss Post's digital communication and cybersecurity capabilities; the transaction is expected to close pending regulatory approvals in Q4 2024.

Iridium Communications Acquires Satelles

March 4, 2024

Telecommunications

Iridium Communications has agreed to acquire Satelles, a provider of satellite-based Satellite Time and Location (STL) services that harden and complement GNSS timing and location systems. Iridium will pay about $115 million for the remaining ~80% of Satelles (it already owned ~20%), will fold STL into a new Iridium business line led by Satelles CEO Dr. Michael O'Connor, and expects the capability to drive significant service revenue growth.