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New Deal


Announced

iQSTEL to acquire a 51% stake in QXTEL.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For51%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Acquisition

Private

United Kingdom

telecommunications equipment

Telecommunications Services: Other

Cross Border

Pending

Friendly

Single Bidder

carrier services

Synopsis

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iQSTEL, a technology company, agreed to acquire a 51% stake in QXTEL, a telecommunications services provider. Financial terms were not disclosed. "The company continues to grow and expand its suite of products and services both organically and through mergers and acquisitions. iQSTEL has completed 10 acquisitions since June 2018 and continues to develop an active pipeline of potential future acquisitions," iQSTEL.

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