iQSTEL
Key facts
- Operator / parent
- Listed on Nasdaq as IQST
- Origin
- United States
- Headquarters
- Coral Gables, Florida
- Launched
- Microdrama distribution announced 3 September 2026 and filed 8 September 2026.
- Category
- Tools & services
iQSTEL is a wholesale telecommunications company listed on Nasdaq as IQST and based in Coral Gables, Florida. In a Form 8-K filed on 8 September 2026, it disclosed an agreement to distribute the Colombian microdrama service Idilio TV across its carrier network and to bill subscriptions directly to users' mobile accounts. It is not a content producer; its role is distribution and payment. The significance of the arrangement lies in the billing method. Direct carrier billing places the subscription charge on the monthly phone bill instead of an app-store account, which removes both the app-store commission and the requirement that a subscriber hold a payment card. The stated target markets are Spanish-language Latin America and the United States diaspora, where card penetration is lower than app-store billing assumes. The company describes its network as reaching more than 600 operators in 24 countries; that is carrier reach rather than audience. Two subscriber figures in the filing are disclaimed within the filing itself as illustrative rather than forecast.
Reported figures
| Metric | Figure | Basis | Source |
|---|---|---|---|
| Network reach | More than 600 operators in 24 countries, reaching around 2.3bn end users. This is carrier reach, not audience. | company | SEC Form 8-K exhibit, 8 September 2026 |
| Stated audience target | Around 40m potential mobile audience by the end of Q2 2027. The filing disclaims this as "not a forecast, financial guidance, or an existing subscriber base". | company | SEC Form 8-K exhibit, 8 September 2026 |
| Stated subscriber target | 500,000 gross subscribers by the end of 2027. The filing describes this as "an arithmetic illustration based on an assumed 1.25% gross penetration rate". | company | SEC Form 8-K exhibit, 8 September 2026 |
Profile
- Markets
- Spanish-language Latin America and the United States diaspora, through mobile operator relationships.
- Content
- None of its own. iQSTEL distributes a third party's service, Idilio TV.
- Genres
- Not applicable.
- Monetisation
- Direct carrier billing. Subscriptions are charged to the user's monthly phone bill rather than to an Apple or Google account, bypassing app-store payment rails and their commission.
- Profitability
- Not stated for this activity.
- Backers
- Publicly listed.
People
- Not disclosed in the filing.
Sources
- iQSTEL Inc., Form 8-K, Exhibit 99.1, 8 September 2026 (opens in a new tab) US Securities and Exchange Commission