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IQSTEL Signs Binding MoU To Acquire 51% Controlling Interest In Ultranet Telecom Group, Terms Undisclosed

Nov 5, 2026 · 08:14 AM ET· updated 1h ago

Proposed Ultranet AcquisitionIQSTEL has signed a binding memorandum of understanding to acquire a 51% controlling interest in Ultranet Telecom Group, which reported audited fiscal year 2025 revenue of $130.9 million, up

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Why It Matters

IQSTEL agreed to buy most of a telecom company called Ultranet. When a company buys another company, watch to see if it helps them make more money.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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