IQSTEL closes two-year non-convertible financing for Ultranet
IQST•IQSTEL closed a two-year non-convertible financing for Ultranet, a profitable West African telecom platform with $131 million in revenue. The platform is expected to make IQSTEL cash-flow positive on a consolidated basis.
1. Financing closed
IQSTEL said it closed a two-year non-convertible financing for Ultranet, a profitable West African telecom platform with $131 million in revenue. Ultranet is expected to make IQSTEL cash-flow positive on a consolidated basis.
