IQSTEL signs binding MoU to acquire 51% of Ultranet Telecom Group; shares slide nearly 15% (IQST:NASDAQ)

· seekingalpha.com

IQSTEL (IQST) plans to buy 51% of Ghana’s Ultranet, expanding to ~30 countries and adding projected $130M revenue.

IQSTEL (IQST) announced on Thursday a binding memorandum of understanding, or MoU, to acquire a 51% controlling interest in Ultranet Telecom Group, a fast-growi...


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