Announced
Synopsis
iQSTEL, a telecommunications and technology company, agreed to acquire a 51% stake in Lynk Telecom, a telecom service provider. Financial terms were not disclosed. "Lynktel is a very strategic acquisition for iQSTEL adding substantial operating and net income in proportion to its revenue base and giving iQSTEL enhanced presence in the US market. Lynktel takes iQSTEL one step closer to realizing our billion dollar annual revenue goal," Leandro Iglesias, iQSTEL CEO.
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