iQSTEL Inc (NASDAQ: IQST)

iQSTEL Inc. is a technology company that provides telecommunications fintech and AI enabled services through subsidiaries operating in about twenty countries. It maintains more than six hundred high value network interconnections worldwide delivering international voice SMS and fiber optic connectivity services that form the core of its business. The company focuses on leveraging synergies among its subsidiaries to drive innovation operational efficiency and growth through organic development and strategic acquisitions.

iQSTEL Inc. generates revenue primarily from its telecom division which offers voice over internet protocol services sms termination internet of things solutions and fiber optic connectivity. The telecom division accounted for ninety one percent of total revenue in 2025. Voice services contributed fifty nine point eight three percent of total revenue in 2025. Fintech services provide a mastercard debit card us bank account without ssn requirement mobile app wallet for remittances and mobile top up and contributed nine percent of revenue in 2025. The artificial intelligence division develops software solutions for enterprise and telecommunication applications and is currently in a pre revenue stage.

The company operates through the following segments: Telecom Division Fintech Business Line Artificial Intelligence division.

• Telecom Division provides voice over internet protocol services sms termination internet of things solutions fiber optic connectivity and a developing blockchain platform for mobile number portability through subsidiaries such as Etelix SwissLink Carrier Smartbiz Telecom Whisl Telecom QXTEL QGlobal SMS IoT Labs and itsBchain.

• Fintech Business Line offers a complete financial technology ecosystem including a mastercard debit card us bank account without ssn requirement and a mobile app wallet for remittances and mobile top up through Global Money One Inc and provides a business to business digital gift card and incentives platform through GlobeTopper LLC.

• Artificial Intelligence division branded Reality Border develops AI enabled software solutions for web voice and contact center environments and provides integration with telecommunications infrastructure business systems and security layers including products such as Airweb ai IQ2Call ai and IQCortex ai.

iQSTEL Inc. competes with large established telecommunications carriers such as Deutsche Telekom AT&T Vodafone and Telefonica while differentiating itself through a global network of more than six hundred interconnections and a diversified service portfolio that spans voice sms fintech and AI solutions. The company’s ability to route traffic through multiple jurisdictions and to offer localized financial tools for immigrants gives it a niche advantage in emerging markets. Its focus on leveraging synergies among subsidiaries enables cost efficiencies and rapid product development compared with single focus competitors.

iQSTEL Inc. serves telecommunications carriers internet service providers enterprises and individual consumers across its voice sms fintech and AI offerings. Specific telecom customers include China Telecom PCCW Hutchinson Telecom Vodafone India KDDI Airtel Reliance Viettel TATA Communications Flow Jamaica Cable and Wireless Panama Millicom Telefonica de España Telecom Italia Portugal Telecom Optimus Belgacom Deutsche Telekom iBasis Orbitel and Entel. For SMS services key customers are iBasis Communications AG Telefonica Global Solutions S L Telintel Ltd and Twilio Ireland Limited. Fintech products are aimed at immigrants and remittance senders seeking accessible banking and mobile top up solutions.