iQSTEL (NASDAQ: IQST) Executives Discuss Path to $1 Billion Revenue, Ultranet Acquisition, and High-Margin Digital Services Expansion in Exclusive Interview
Key Highlights
- ➤Ultranet acquisition and organic growth target $700 million-$750 million revenue run rate
- ➤Ultranet gross margins exceed 6%, versus iQSTEL telecom operations at approximately 2.5%
- ➤iQSTEL targets positive consolidated net income and cash flow within 12 months
- ➤Management targets approximately $15 million EBITDA run rate over the next 12 months
- ➤Micro Drama targets approximately 400,000 monthly subscribers next year
Expert Statements
Leandro Iglesias, President and CEO of iQSTEL
“With the pending acquisition of Ultranet and our ongoing organic growth, we are positioning iQSTEL to operate at a revenue run rate of approximately $700 million to $750 million”
Leandro Iglesias, President and CEO of iQSTEL
“That puts us within striking distance of our $1 billion revenue objective. We believe the company is at a pivotal turning point, and over the next 12 months investors will see a fundamentally larger and stronger organization.”
Leandro Iglesias, President and CEO of iQSTEL
“Ultranet is much more than a revenue contributor”
Leandro Iglesias, President and CEO of iQSTEL
“It gives us a strong presence across Africa, expands our footprint to approximately 30 countries, and brings exceptional management expertise and strategic relationships that can help accelerate our growth across Africa, the Middle East, and Asia.”
Álvaro Cardona, CFO of iQSTEL
“Today our telecom operations generate gross margins of approximately 2.5%, while Ultranet's gross margins exceed 6%.”
Álvaro Cardona, CFO of iQSTEL
“When combined with the higher-margin digital services we are introducing, including fintech, cybersecurity, AI, and digital content, we see a clear path toward significantly improving profitability and achieving positive consolidated net income.”
Álvaro Cardona, CFO of iQSTEL
“We made a commitment to shareholders that we would pursue non-dilutive financing whenever possible, and we delivered on that commitment.”
Álvaro Cardona, CFO of iQSTEL
“The financing structure is designed around Ultranet's projected cash flows, allowing the acquisition to effectively support itself while protecting shareholder value.”
Leandro Iglesias, President and CEO of iQSTEL
“Through relationships with telecom operators serving approximately 93 million subscribers, we have already introduced our Micro Drama solution to seven operators in Latin America”
Leandro Iglesias, President and CEO of iQSTEL
“Our goal is to reach approximately 400,000 monthly subscribers next year. We believe this recurring-revenue model has the potential to become a meaningful profit contributor and an important value driver for the company.”
Leandro Iglesias, President and CEO of iQSTEL
“We're already integrated into the world's leading telecom operators”
Leandro Iglesias, President and CEO of iQSTEL
“The infrastructure, relationships, and trust we've built over the years allow us to launch new products in weeks and months rather than years. That creates a powerful competitive advantage and supports our transition from a telecom services provider into a broader technology and digital services platform.”
Álvaro Cardona, CFO of iQSTEL
“We are excited about where the company is headed”
Álvaro Cardona, CFO of iQSTEL
“Over the years we have consistently delivered on our growth objectives, completed strategic acquisitions, strengthened our balance sheet, and built the scale necessary to reach profitability. We believe the next phase of iQSTEL's evolution will demonstrate the full value of that effort.”
NEW YORK, Oct. 27, 2026 (GLOBE NEWSWIRE) -- IQSTEL Inc. (NASDAQ: IQST) ("IQSTEL" or the "Company"), a global telecommunications and technology company, today announced the release of an exclusive executive interview featuring President and CEO Leandro Iglesias and CFO Álvaro Cardona, where the leadership team outlined the company's growth strategy, profitability roadmap, transformative Ultranet acquisition, and expanding digital services initiatives.
During the discussion, Iglesias and Cardona provided investors with insight into iQSTEL's ambitious roadmap toward becoming a $1 billion revenue company while enhancing margins, profitability, and shareholder value.
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