• Iqstel signed a binding MOU to buy a 51% controlling stake in Ultranet Telecom Group, with closing targeted for Q3 2026.
• Ultranet’s FY 2025 audited results imply about USD 4.5 million of annual net income added, lifting consolidated net income from operations about fourfold.
• The deal is expected to add about USD 130 million of annual revenue, taking Iqstel above a USD 500 million annualized run rate.
• Combined adjusted EBITDA is projected at about USD 9 million, moving the group roughly halfway toward a USD 15 million mid-term target.
• Ultranet is expected to add about USD 21 million of total assets, including about USD 13 million of shareholders’ equity, expanding operations across six African markets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iqstel Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606250759PR_NEWS_USPR_____FL91882) on June 25, 2026, and is solely responsible for the information contained therein.