The New York-based technology firm reported $207 million in revenue for the first half of 2026, setting an annualized run rate exceeding $400 million. This momentum is expected to accelerate with the acquisition of Ultranet Telecom, a deal slated to close this quarter. The integration of Ultranet will expand the company's operational footprint from 24 to 30 countries, contributing an estimated $130 million in annual revenue and $4.5 million in net income.
In section Releases
IQSTEL Targets $25 Million EBITDA Milestone via Global Expansion
IQSTEL Inc. is positioning itself for a new growth phase, expecting to surpass an $8 million adjusted EBITDA run rate this quarter. The company aims to leverage its two-decade-old telecommunications infrastructure to distribute high-margin digital services across a network reaching 2.3 billion potential end users worldwide.
Scaling Digital Services
Management views the current telecommunications platform as a distribution engine for proprietary digital products, including AI-driven voice agents, cybersecurity solutions, and fintech applications. Unlike its previous phase focused on infrastructure, the company is shifting toward high-margin digital offerings. Following the Ultranet merger, the company plans to optimize operations to reach an adjusted EBITDA run rate of $13 million to $15 million, with a long-term goal of hitting $25 million by 2027. CEO Leandro Iglesias emphasized that the existing network of 600 global carrier relationships provides a significant competitive barrier, allowing for the rapid deployment of new technologies without the need to build a new sales architecture from scratch.
Comments (0)
No comments yet. Be the first!