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IQSTEL Nears $1B Revenue Goal Two Years Early, Reduces Debt

IQSTEL Inc. CEO reveals company is 2 years ahead of $1B revenue goal, reduces debt by $6.9M. Multinational telecom & tech firm growing through strategic acquisitions.

This news matters because IQSTEL's rapid growth and financial discipline demonstrate how strategic acquisitions and operational efficiency can drive substantial value creation in the competitive telecommunications and technology sectors. For investors, the company's achievement of being two years ahead of its $1 billion revenue target while maintaining controlled expenses suggests strong management execution and potential for significant stock price appreciation given the current valuation gap. The debt reduction and conversion to preferred shares indicate financial stability, making IQSTEL an interesting case study in how mid-cap companies can scale effectively through both organic growth and strategic M&A in high-growth industries like fintech and cybersecurity.